Sustainability Reporting and Financial Performance of Listed Non-Financial Firms in Nigeria

ABSTRACT

This study examined  the effect of sustainability reporting on financial performance of quoted non-financial in Nigeria. Secondary data were employed for this study. Data were extracted from the financial statement of quoted non-financial firms in Nigeria.   The study employed General Least Square (GLS) statistical technique, descriptive and correlation to ascertain the effect of the sustainability on firm performance. The variables used in this study include financial performance, social activities environmental activities and   economic activities. The study covers a fifteen years -2007-2021). The results show that the disclosure of economic activities has a negative effect on the performance of quoted non –financial companies in Nigeria. Disclosure of social activities has no significant effect on the performance of quoted non-financial companies in Nigeria. Disclosure of environmental activities has a negative effect on the performance of quoted non-financial companies in Nigeria. The study recommends that management pay more attention   to disclosing   of economic activities and less attention to disclosing social activities