Corporate Attributes as Correlates of Social Accounting Reporting: The Mediating Role of CEO Education (Published)
This study determined the moderating effect of corporate attributes and social accounting reporting: the moderating role of chief executive officers’ educational qualification in Nigeria. This study adopted ex-post facto research design. Simple random sampling technique to sample listed consumer and health companies. Secondary data derived from the financial statements of listed healthcare and consumer’s firms were reviewed for the study for the period 2017-2021. The data set was first subjected to pre-regression analyses which include descriptive statistics analyses, correlation analyses and the test for normality of residua. Logistic regression was used for the data analysis. Findings of the study revealed there is a significant moderating effect of CEO educational qualification on the influence of firm size, leverage and board size on financial, social reporting disclosures of listed Nigerian companies. It was recommended that company boards should factor in CEO educational qualifications when choosing a chief executive for the company. Also, Organizations must set up market measures and parameters that will empower them to be educated about being socially and environmentally responsible to make corporate social responsibility fruitful and to make industrial products meet anticipated economic, social and environmental needs.
Keywords: Corporate Social Responsibility, Environment, Firm Performance, Social Accounting, Triple bottom line, social and governance (ESG)
EFFECTIVENESS OF TRIPLE BOTTOMLINE DISCLOSURE PRACTICE IN NIGERIA- STAKEHOLDERS PERSPECTIVE (Published)
The study examined the effectiveness of triple bottom line disclosure practice of corporate firms in Nigeria by focusing on the perspective of corporate stakeholders. In achieving the above objective, three research questions were raised and two hypotheses were also formulated. The descriptive method of research design was employed to generate the required data. The population of the study was made up of three distinctive groups: Investors, Customers/Consumers and Accountants. The primary data were summarized using tables and the formulated hypotheses was analyzed using one-sample z test procedure done with the aid of SPSS version 22. Our findings indicated that investors and consumers expressed dissatisfaction with the extent of firms TBL disclosure practice in Nigeria. In their own view, most Organizations’ reports were often vague and far from the expression of actual performance. Also, Accountants’ were negative on the level of rigour and transparency exerted in the preparation of triple bottom line report by corporate firms in Nigeria. Based on this, it was recommended that companies should disclose more quantifiable triple bottom line indicators encompassing social, environmental and economic performance indicators. The development of standards to guide companies in the identification of variables for disclosure is also suggested.
Keywords: Triple bottom line, Triple bottom line reporting