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ABSTRACT
This study examines qualitative information disclosure specifically general corporate and strategic information, human resource disclosure, forward-looking information and corporate social responsibility disclosures and how they affect the financial performance of companies.
For the purpose of this study, a sample size of fifty (50) companies which are quoted on the NSE were examined. Secondary data from the financial statement of the sampled companies covering the years from 2014 to 2018 were used for the study. The data analysis technique is regression and correlation analysis using ordinary least square tests.
The study showed that general corporate and strategic information and human resource disclosure are positively significant. and therefore have impact on corporate financial performance. Forward-looking information was found to be negative and insignificant therefore having no impact on corporate financial performance while corporate social responsibility disclosure was found to be positive but insignificant therefore having no impact on corporate financial performance.
Since voluntary disclosure comes with a cost, this study recommends that managers in organizations disclose more information voluntarily not only for the purposes of obtaining cheaper capital but also it increases transparency and accountability in annual reporting and this boosts the confidence of investors as they make investment and financial decisions.
