SUSTAINABILITY REPORTING AND FIRM PERFORMANCE OF COMPANIES IN NIGERIA

ABSTRACT

The broad objective of this study is to empirically determine sustainability reporting and firm financial performance in Nigeria. The scope of this study is for a period covering selected listed companies in Nigeria from 2018 to 2022 using the Nigeria Exchange Group (NGX) as a basis of sampling selection. The data used was obtained mainly from secondary sources. The secondary data relate to relevant information that depicts sustainability reporting and firm financial performance. This was made up of information relating to economic disclosure, environmental disclosure, social disclosure and firm financial performance. In this study the independent variables include economic disclosure, environmental disclosure and social disclosure while financial performance is the dependent variable and it is measured using return on asset. In this study, data extracted from the annual reports and account of thirty (30) major companies quoted on the Nigeria Exchange Group were used as case study within the period of five (5) years ranging from 2018-2022.