Sustainability Reporting and Financial Reporting Quality in Listed Multinational Firms in Nigeria
Samson Oyewole OLABISI (Ph.D.)
This study examined the sustainability reporting and financial reporting quality in listed multinational firms in Nigeria. Ex-post facto research design was employed as data were extracted from 22 publicly listed multinational companies in Nigeria, obtained from the Nigeria Exchange Group (NGX Group) fact books and the companies’ annual financial reports, covering the period of six (6) years from 2018 to 2023. A disclosure checklist was adapted and modified in collecting data for the independent variable (sustainability reporting). The data collected were processed and subjected to series of tests to ascertain their validity and reliability. Multiple regression analysis was used. Findings of the study showed how sustainability reporting and financial reporting quality would assist managers and director of listed multinational firms evaluate the current state of their reporting practices and make necessary changes behavioural and structural that would lead to an improvement in their sustainability reporting. Therefore, the study recommendation was based on the finding which showed that social sustainability reporting had a negative but significant effect on the financial reporting quality.