0704-883-0675     |      dataprojectng@gmail.com

IMPACT OF SUSTAINABILITY REPORTING ON FINANCIAL PERFORMANCE

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

ABSTRACT

The study examined the impact of sustainability reporting on the financial performance of selected quoted firms in Nigeria between 2012 and 2016.

Data for the study was generated from the financial reports of selected firms and was analyzed with the use of panel least square technique.

The findings of the study showed that: Expenditure on economic activities, which represents the costs incurred on production, distribution, exchange, consumption and trade of goods and services, positively and significantly impacted on financial performance (measured by price-earnings ratio) of selected firms in Nigeria; Expenditure on social activities, which represents the costs incurred on social development of host communities of selected firms,  positively but weakly impacted on financial performance (measured by price-earnings ratio) of selected firms in Nigeria; Expenditure on environmental activities, which represents the cost incurred on environmental protection of host communities of selected firms, positively and significantly impacted on financial performance (measured by price-earnings ratio) of selected firms in Nigeria

Data were sourced from the financial statements of three sampled firms. Data were analysed using the ordinary linear regression.  The study reveals that sustainability reporting has   positive and significant effect on financial performance of firms studied. Following the findings, the study recommends that firms in Nigeria should invest reasonable amount of their earnings on sustainability activities while specific accounting templates be articulated by professional accounting regulating bodies to guide firms’ reportage on sustainability activities. The Financial Reporting Council of Nigeria (FRC) and others alike should make sustainability reporting compulsory while adequate sanctions are spelt out and enforced on defaulting organizations to serve as a deterrent.





Related Project Materials

The Role of Radio Advertising in Boosting Awareness of Literacy Campaigns in Auyo LGA, Jigawa State

Background of the Study
Radio advertising has long been a potent tool for reaching a broad audience, especially in rural ar...

Read more
An Examination of Nurse-Led Interventions for Managing Chemotherapy-Induced Nausea and Vomiting at Federal Medical Centre, Katsina State

Background of the Study

Chemotherapy-induced nausea and vomiting (CINV) are among the most common and debilitating side effects experienc...

Read more
The Role of Cost Accounting in Monitoring Expenditures on Public Sector Projects

Background of the Study

Cost accounting is critical for monitoring expenditures on public sector projects, as it allows...

Read more
The Impact of Seasonal Events on Local Economies in Makurdi Local Government Area, Benue State

Chapter One: Introduction

1.1 Background of the Study

Seasonal events, including cultural festivals, agricultural fairs, and re...

Read more
Investigation into the Role of Bioinformatics in Studying the Molecular Basis of Asthma: A Case Study of University of Maiduguri, Borno State

Background of the Study
Asthma is a chronic respiratory disease characterized by airway inflammation and hyperresponsivene...

Read more
An Examination of the Influence of Ethno-religious Politics on Governance: A Case Study of Jos North LGA, Plateau State

Chapter One: Introduction

1.1 Background of the Study

Ethno-religious politics plays a significant role in shaping governance a...

Read more
MERGER AND ACQUISITION AS A VIABLE OPTION FOR EFFECTIVE PERFORMANCE OF BANKING INDUSTRY IN NIGERIA

ABSTRACT

The research centered on the merger and acquisition as a viable option for effective performan...

Read more
ASSESSMENT OF THE IMPACT OF ENVIRONMENTAL FACTORS ON EFFECTIVE TEACHING AND LEARNING OF PHYSICAL EDUCATION AND SPORTS AND SPORTS

ABSTRACT

This study explored the impact of environmental factors on the effective teaching and learning...

Read more
An Evaluation of Employer Support for Maternal Health Initiatives in Taraba State

Background of the Study

Employer support for maternal health is crucial in ensuring safe pregnancies an...

Read more
An Assessment of How Poverty Influences Youth Recruitment into Extremist Groups: A Study of Fika Local Government Area, Yobe State

Background of the Study

Poverty remains one of the primary drivers of violent extremism and youth recru...

Read more
Share this page with your friends




whatsapp