Effect of Ownership Structure on Sustainability Reporting of Listed Industrial Goods Companies in Nigeria.
Publication Date: 13/12/2024
Author(s): Michael Iorlaha, Justina Adaku Okoror, James Imoter Tyungu.
Volume/Issue: Volume 7 , Issue 4 (2024)
Abstract:
This study examine the relationship between ownership structures and sustainability reporting in the context of listed industrial goods companies in Nigeria. Drawing on a large dataset, the study uses quantitative tools, such as regression analysis, to determine the impact of ownership arrangements on both sustainability reporting practices and financial performance. The ownership arrangements are evaluated in terms of the prevalence of institutional and individual ownership, and the research investigates how these ownership dynamics influence corporate behaviour. The findings aim to shed light on the relationship between ownership structure and sustainability reporting, specifically if certain ownership arrangements promote or inhibit the adoption of sustainable business practices. The study's findings provide significant insights for governments, investors, and corporate leaders navigating Nigeria's dynamic industrial goods sector, offering assistance on supporting sustainable practices while preserving or improving financial viability.
Keywords:
Board independence, board ownership, foreign ownership, institutional ownership, sustainability reporting.
