This study examined the effect of environmental stewardship on financial risk disclosure of listed industrial goods firms in Nigeria. The specific objectives include; to examine the effect of water protection stewardship on financial risk disclosure of listed industrial goods firms in Nigeria; to evaluate how air protection stewardship affect the quality of financial risk disclosure of listed industrial goods firms in Nigeria and to assess the effect of Land protection stewardship on financial risk disclosure of listed industrial goods firms in Nigeria. The study used ex-post facto research design. Findings revealed that; there is a negative and significant relationship between air protection stewardship and the financial risk disclosure of industrial goods companies in Nigeria; there is a positive impact of water protection disclosures stewardship on the financial risk disclosure of industrial goods companies in Nigeria and the result of the analysis showed a beta coefficient of 0.072 for land protection stewardship disclosure. This implies that 7.2% of the variation in financial risk disclosure in the industrial goods companies is accounted for by land protection stewardship disclosures. Based on the findings of the study, it was concluded that the effect of environmental stewardship on financial risk disclosure of the industrial goods companies in Nigeria is significant. Based on the findings of the study, the following recommendations were made; the management of the industrial goods companies should disclose their water protection stewardship activities in their financial statement. This will boast the confidence of all stakeholders in the industrial goods sector; the amount of disclosures on the land protection stewardship activities of the firms should be increased as this will increase the financial risk disclosure of the selected industrial goods firms and the companies should put in place adequate cost control mechanism to ensure air protection stewardship cost does not significantly deplete the financial risk disclosure of the industrial goods firms in Nigeria.
Keywords: Nigeria, environmental stewardship, financial risk disclosure, industrial goods companies
