Sustainability Reporting by Firms in the Nigerian Economy: Social versus Environmental Disclosure

• Main Authors: Haladu, Alhassan, Salim, Basariah
• Format: Conference or Workshop Item
• Language: English
• Published: 2017
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/24813/1/2nd%20IRC%202017%2051.pdf; http://repo.uum.edu.my/24813/

Purpose: - There is need for specialization on individual categories of sustainability information disclosure.Attempts has been made in this study to make a comparison between the environmental and social categories of sustainability disclosure.Methodology: - Guided by the G4 sustainability reporting guidelines, environmentally sensitive companies in the Nigerian economy were analysed for 6 years (2009-2014).Separate assessments and comparisons were made between environmental reporting and social reporting on the impact, influence and significance of their relationships using Stata13SE analytical tool.Findings: - The results shows that firms performed better on social reporting than on environmental reporting in terms of higher sustainability disclosure rates and significant relationships.Research Implications: - The current trend of reporting sustainability information disclosure under both social and environmental reporting is encouraging considering the fact that disclosure on sustainability issues in Nigeria is voluntary.Practical Implications: - Firms in environmentally sensitive sectors are disclosing sustainability information than expected.Originality/Value: - The uniqueness in comparing sustainability disclosures between environmental information and social information.