IDEAS home Printed from https://ideas.repec.org/a/dug/jaccma/y2014i1p15-29.html
   My bibliography  Save this article

A survey of shareholders’ requirements for corporate social and environmental disclosures in Nigeria

Author

Listed:
  • James Osabuohien ODIA

    (Nigeria)

Abstract

The paper examines shareholders’ requirement of corporate social and environmental disclosures (CSED) in Nigeria based on the survey of individual shareholders. It was found that less than half of the respondents (about 47%) depend on social and environment disclosures for their investment decision; and more female shareholders require CSED than the males for investment decisions. It was observed gender differences in the concerns for CSED. The regression result reveals that investment and gender has negative association with CSED. Specifically, shareholders’ concern for CSED is due to the need to know company’s environmental management policies, employee welfare and growth, accountability and stewardship of company’s resources. Moreover, the main reasons for companies’ CSED was to show their compliance with social and environmental standard and the board of directors , managing director, chairman of the board and institutional shareholders have the greatest influence on CSED in Nigeria. The result has important implications for corporate social reporting by companies, shareholders’ investment decision making and accounting regulatory bodies in Nigeria.

Suggested Citation

  • James Osabuohien ODIA, 2014. "A survey of shareholders’ requirements for corporate social and environmental disclosures in Nigeria," The Journal of Accounting and Management, Danubius University of Galati, issue 1, pages 15-29, April.
    • Handle: RePEc:dug:jaccma:y:2014:i:1:p:15-29
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/jam/article/view/2222/2104
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wagner, Marcus, 2011. "Corporate performance implications of extended stakeholder management: New insights on mediation and moderation effects," Ecological Economics, Elsevier, vol. 70(5), pages 942-950, March.
    2. Zimmer, Mary R. & Stafford, Thomas F. & Stafford, Marla Royne, 1994. "Green issues: Dimensions of environmental concern," Journal of Business Research, Elsevier, vol. 30(1), pages 63-74, May.
    3. Doonan, Julie & Lanoie, Paul & Laplante, Benoit, 2005. "Determinants of environmental performance in the Canadian pulp and paper industry: An assessment from inside the industry," Ecological Economics, Elsevier, vol. 55(1), pages 73-84, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luigi Leclercq-Machado & Aldo Alvarez-Risco & Romina Gómez-Prado & Berdy Briggitte Cuya-Velásquez & Sharon Esquerre-Botton & Flavio Morales-Ríos & Camila Almanza-Cruz & Sarahit Castillo-Benancio & Mar, 2022. "Sustainable Fashion and Consumption Patterns in Peru: An Environmental-Attitude-Intention-Behavior Analysis," Sustainability, MDPI, vol. 14(16), pages 1-18, August.
    2. Catherine Le Roux & Marius Pretorius, 2016. "Conceptualizing the Limiting Issues Inhibiting Sustainability Embeddedness," Sustainability, MDPI, vol. 8(4), pages 1-22, April.
    3. Chockalingam Senthil Nathan & Isreal Densingh Joshua, 2016. "Redesigning the marketing mix for eco-friendly product consumption among non-purchasers in India," Management & Marketing, Sciendo, vol. 11(1), pages 355-370, April.
    4. Mansoora Ahmed & Sun Zehou & Syed Ali Raza & Muhammad Asif Qureshi & Sara Qamar Yousufi, 2020. "Impact of CSR and environmental triggers on employee green behavior: The mediating effect of employee well‐being," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(5), pages 2225-2239, September.
    5. Han, Nah Ray & Baek, Tae Hyun & Yoon, Sukki & Kim, Yeonshin, 2019. "Is that coffee mug smiling at me? How anthropomorphism impacts the effectiveness of desirability vs. feasibility appeals in sustainability advertising," Journal of Retailing and Consumer Services, Elsevier, vol. 51(C), pages 352-361.
    6. Jinsoo Hwang & Hyunjoon Kim, 2019. "Consequences of a green image of drone food delivery services: The moderating role of gender and age," Business Strategy and the Environment, Wiley Blackwell, vol. 28(5), pages 872-884, July.
    7. Kamyar Kianpour & Maryam Asghari, 2012. "Importance of Price for Buying Environmentally Friendly Products," Journal of Economics and Behavioral Studies, AMH International, vol. 4(6), pages 371-375.
    8. Hans B. Christensen & Luzi Hail & Christian Leuz, 2021. "Mandatory CSR and sustainability reporting: economic analysis and literature review," Review of Accounting Studies, Springer, vol. 26(3), pages 1176-1248, September.
    9. Hung M. Nguyen & George Onofrei & Dothang Truong & Simon Lockrey, 2020. "Customer green orientation and process innovation alignment: A configuration approach in the global manufacturing industry," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2498-2513, September.
    10. So Yeon Cho & Joowon Jung, 2023. "Effects of Individualism, Collectivism, Materialism, and Willingness to Pay for Environmental Protection on Environmental Consciousness and Pro-Environmental Consumption Behavior in Korea," Sustainability, MDPI, vol. 15(9), pages 1-14, May.
    11. Agata Gurzawska & Markus Mäkinen & Philip Brey, 2017. "Implementation of Responsible Research and Innovation (RRI) Practices in Industry: Providing the Right Incentives," Sustainability, MDPI, vol. 9(10), pages 1-26, September.
    12. Muhammad Zahid & Haseeb Ur Rahman & Musa Khan & Wajahat Ali & Fazaila Shad, 2020. "Addressing endogeneity by proposing novel instrumental variables in the nexus of sustainability reporting and firm financial performance: A step‐by‐step procedure for non‐experts," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3086-3103, December.
    13. Yuen, Kum Fai & Wang, Xueqin & Wong, Yiik Diew & Li, Kevin X., 2020. "The role of stakeholder participation and sustainability integration in maritime transport: A structure-conduct-performance analysis," Transport Policy, Elsevier, vol. 99(C), pages 44-53.
    14. Kim, Minseong, 2021. "Does playing a video game really result in improvements in psychological well-being in the era of COVID-19?," Journal of Retailing and Consumer Services, Elsevier, vol. 61(C).
    15. Vastola, Vincenzo & Russo, Angeloantonio & Vurro, Clodia, 2017. "Dealing with Cultural Differences in Environmental Management: Exploring the CEP-CFP Relationship," Ecological Economics, Elsevier, vol. 134(C), pages 267-275.
    16. Nlandu Mamingi & Susmita Dasgupta & Benoit Laplante & Jong Hong, 2008. "Understanding firms’ environmental performance: does news matter?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 9(2), pages 67-79, June.
    17. Christel Decock-Good, 2001. "L'engagement mécénique des entreprises:mesure de l'une des expressions de leur responsabilité sociétale," Revue Finance Contrôle Stratégie, revues.org, vol. 4(4), pages 29-57, December.
    18. Sajjad Ahmad Afridi & Wajid Khan & Maqsood Haider & Asad Shahjehan & Bilal Afsar, 2021. "Generativity and Green Purchasing Behavior: Moderating Role of Man-Nature Orientation and Perceived Behavioral Control," SAGE Open, , vol. 11(4), pages 21582440211, October.
    19. Marcello Risitano & Francesco Parola & Alessandra Turi & Marco Ferretti, 2017. "Green practices in port authority management: A multiple case study," MERCATI & COMPETITIVIT?, FrancoAngeli Editore, vol. 2017(3), pages 127-145.
    20. Matthew E. Kahn & Pei Li & Daxuan Zhao, 2013. "Pollution Control Effort at China's River Borders: When Does Free Riding Cease?," NBER Working Papers 19620, National Bureau of Economic Research, Inc.

    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:dug:jaccma:y:2014:i:1:p:15-29. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Florian Nuta (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    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.