Sustainability Reporting and Retained Earnings Growth of Quoted Companies in Nigeria
AbstractThis study examined the effect of sustainability reporting on retained earnings growth of quoted companies in Nigeria. A sample size of 28 quoted firms was selected from the population of 167 quoted companies on Nigerian Stock Exchange as at 31st December, 2018. Ex-post facto research design was adopted with the tool of content analysis. Company age and financial leverage were used as control variables. Correlation statistics and panel regression analysis were adopted for the study. The Prob. (F-stat.) of pooled OLS is 0.7105 which is greater than the 5% level of significant adopted for the study. This implies that sustainability reporting has no significant effect on retained earnings growth of quoted companies in Nigeria. Therefore, the study recommends that sustainability reporting should be integrated into companies` value chain to enhance profitability and boost future earnings which can results in continuous growth in retained earnings, all things been equal.Keywords: Sustainability reporting, retained earnings growth, company age, financial leverage
Copyright (c) 2020 O. J. Taiwo, F. F. Adegbie, I. R. Akintoye
This work is licensed under a Creative Commons Attribution 4.0 International License.
Terms and conditions of Creative Commons Attribution 4.0 International License apply to all published manuscripts. This Journal is licensed under a Creative Commons Attribution 4.0 International License. This licence allows authors to use all articles, data sets, graphics and appendices in data mining applications, search engines, web sites, blogs and other platforms by providing appropriate reference. The journal allows the author(s) to hold the copyright without restrictions and will retain publishing rights without restrictions.
A competing interest exists when professional judgment concerning the validity of research is influenced by a secondary interest, such as financial gain. We require that our authors reveal all possible conflicts of interest in their submitted manuscripts.
The Editor reserves the right to shorten and adjust texts. Significant changes in the text will be agreed with the Authors.