SUSTAINABILITY REPORTING AND FIRM PERFORMANCE IN NIGERIA
SUSTAINABILITY REPORTING AND FIRM PERFORMANCE IN NIGERIA

Summary/Abstract: This study examined sustainability reporting and firm performance of eighteen (18) listed consumer goods companies in the Nigeria Exchange Group for the period 2014 to 2023. The study specifically investigated the influence of both environmental sustainability disclosure and social sustainability disclosure on corporate firm performance (like, ROA and EPS). The research design used for the study is the ex-post facto design and the secondary source of data. The data gathered were analyzed by using descriptive statistics, correlation and fixed effect panel regression. The finding of the study reveals that Environmental sustainability reporting boost ROA and decreases EPS, however neither effect is statistically significant based on the regression result. The study also found that social sustainability reporting statistically impacts ROA and EPS positively and negatively. The study therefore recommends that business managers should be sincere about sustainability reporting to prevent losses.

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