IDEAS home Printed from https://ideas.repec.org/a/bdu/ojijfa/v8y2023i1p23-35id1778.html
   My bibliography  Save this article

Impact of Environmental and Social Disclosure on Return on Asset of Listed Oil and Gas Companies in Nigeria

Author

Listed:
  • Toma Ayuba
  • Grace Yunusa (PhD)

Abstract

Purpose: The purpose of this study is to examine the impact of environmental and social disclosure on return on asset of listed oil and gas companies in Nigeria. Methodology: The study used expo factor research. The population of the study comprises of all the thirteen (13) oil and gas companies and eight (8) of those companies made up the sampled population. The study used three variable, the dependent, independent and control variable. ROA is the dependent variable, environmental and social disclosure is the independent variable while firm size and firm age are the control variable. The study used secondary data sourced from annual report and account of the sampled companies for the period 2010 to 2019. To examine the study data, descriptive statistics, correlation matrix and multivariate regression analysis were used. Findings: The study revealed that environmental and social disclosure have negative impact on return on asset (ROA) of listed oil and gas companies in Nigeria. Unique Contribution to Theory, Practice and Policy: The study recommended that there should be proactive effort from policy makers like National Environmental Standards and Regulations Enforcement Agency and other standards setting bodies to introduce a standard framework for mandatory disclosure of corporate environmental information.

Suggested Citation

  • Toma Ayuba & Grace Yunusa (PhD), 2023. "Impact of Environmental and Social Disclosure on Return on Asset of Listed Oil and Gas Companies in Nigeria," International Journal of Finance and Accounting, IPRJB, vol. 8(1), pages 23-35.
    • Handle: RePEc:bdu:ojijfa:v:8:y:2023:i:1:p:23-35:id:1778
    as

    Download full text from publisher

    File URL: https://iprjb.org/journals/index.php/IJFA/article/view/1778
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdu:ojijfa:v:8:y:2023:i:1:p:23-35:id:1778. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chief Editor (email available below). General contact details of provider: https://iprjb.org/journals/index.php/IJFA/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.