THE LINK BETWEEN DISCLOSURE OF SUSTAINABILITY INFORMATION AND CORPORATE FINANCIAL PERFORMANCE

E-ISSN: 3027-0871
P-ISSN: 3026-9121
Abbreviated Title: JMSE
Frequency: Quarterly (Continuous model)
DOI Prefix: 10.70382/bejmse
Access: Open Access
E-mail: editorial@berkeleypublications.com

NURU DANLADI; MIDE PHILEMON; RAHAB WILLIAMS

doi:10.70382/bejmse.v7i7.008

Authors

NURU DANLADI Department of Accounting, School of Business and Management Technology, Federal Polytechnics Bali Taraba StateDepartment of Accounting, School of Business and Management Technology, Federal Polytechnics Bali Taraba State Author
MIDE PHILEMON Department of Accounting, School of Business and Management Technology, Federal Polytechnics Bali Taraba State Author
RAHAB WILLIAMS Department of Accounting, School of Business and Management Technology, Federal Polytechnics Bali Taraba State Author

Abstract

Companies consciously pursue different sustainability engagements and disclose information thereof to earn a good image to boast their competitive advantage to boost their financial performance. However, the studies investigating whether sustainability disclosure has a relationship with corporate economic performance produced mixed results. The population of this study comprises oil and gas companies listed on the Nigerian stock exchange, out of which secondary financial data was collected from a sample of 14 companies and a regression analysis was applied. The study concludes that companies that disclose environmental information have better financial performance. The study recommends that corporate organisations should pursue sustainability matters by disclosing their environmental information.