FINANCIAL REPORTING TRANSPARENCY AND STAKEHOLDER TRUST
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT:
This research examines the relationship between financial reporting transparency and stakeholder trust in Lagos State, Nigeria. The objectives are to: (1) assess the impact of transparent financial reporting on stakeholder confidence, (2) evaluate the role of transparency in enhancing corporate reputation, and (3) analyze the influence on investor decision-making. A survey design was employed to collect data from investors, financial analysts, and corporate managers. The sample size, determined using Taro Yamane's formula, ensures representativeness. Flour Mills of Nigeria Plc was chosen as the case study due to its commitment to financial transparency. The reliability coefficient score of the survey was 0.90. Findings indicate that transparent financial reporting significantly enhances stakeholder trust and corporate reputation, positively influencing investor decisions. It is recommended that companies in Lagos State prioritize transparency in financial reporting to build stakeholder trust and enhance corporate reputation.
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