CORPORATE ATTRIBUTES AND ENVIRONMENTAL INFORMATION DISCLOSURE OF LISTED NON-FINANCIAL FIRMS IN NIGERIA
Abstract
This study examined the relationship between corporate attributes and environmental information disclosure of listed non-financial firms in Nigeria. Relevant research questions and hypotheses were developed based on three specific objectives. Measures of corporate attributes examined in this research include board structure (size, independence and diligence), board committee gender diversity (audit committee gender, remuneration committee gender and risk management committee gender) and firm heterogeneity (measured by the sectoral differences of firms). The financial statements of 75 listed non-financial firms served as the source of the secondary data (covering a 10 years period - 2014 to 2023) that was gathered and analyzed in the course of this study. Logistic regression analysis was employed to test the hypotheses, and the results revealed that board committee gender diversity and board structure significantly impact environmental information disclosure with a Wald chi2 value of 10.79 and 24.98, respectively, with corresponding p-values of 0.0129 and 0.0000, respectively. In addition, with a Wald chi2 value of 13.32 alongside a corresponding p-value of 0.0011, firm heterogeneity was found to exert significant influence on the relationship between corporate attributes and environmental information disclosure of listed non-financial firms in Nigeria. Given these outcomes, the study recommends that policymakers and regulators should take into consideration the unique characteristics of different firms across identifiable sectors while developing and revising disclosure policies and frameworks related to environmental practices. Similarly, entities should take cognizance of their respective individual firm-specific factors when developing environmental disclosure policies, strategies, and practices
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Corporate Attributes, Environmental Information Disclosure, Committee Gender Diversity, Board Structure and Firm HeterogeneityDownloads
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Copyright (c) 2025 Oghenetega Eduviere , Edirin Jeroh
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