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The Effect Of Corporate Reporting On Public Confidence; Empirical Evidence From Quoted Companies In Nigeria


  • Dr. Clifford Ofurum Obiyo

    () (Department of Accounting, Faculty of Management Sciences, University of Port Harcourt, Nigeria)

  • Onuoha Tereser Ezenwa

    () (Department of Accounting, Faculty of Management Sciences, University of Port Harcourt, Nigeria)


The primary objective of this study is to investigate the effect of Corporate Reporting Practices (CRP) on Public Confidence (PC) in the Nigerian quoted firms. We relied on the Nigeria Stock Exchange (NSE) reports to source for our data from all quoted companies registered with it that cut across the country, though most of them have their corporate headquarters in Lagos. Our sample size of 389 was arrived at based on the group of elements selected from the 76 quoted firms we studied. The instruments used for data collection were the research questionnaire for quantitative data, in-depth interview and observations. These findings were arrived at from the analyses of generated data. Corporate Governance was observed to have strong and significant relationship with Investment Decisions and Stock Market Stability, but weak and positive relationship with Economic Growth. We discovered that Audit Reports have strong, positive and significant effects on Public Confidence. This was translated through the measures of Public Confidence. Despite the positive effect of Social and Environmental Issues on Public Confidence, generally, there was a very weak though positive effect of Social and Environmental Issues and Stock Market Stability.

Suggested Citation

  • Dr. Clifford Ofurum Obiyo & Onuoha Tereser Ezenwa, 2012. "The Effect Of Corporate Reporting On Public Confidence; Empirical Evidence From Quoted Companies In Nigeria," Far East Journal of Psychology and Business, Far East Research Centre, vol. 6(5), pages 77-85, February.
  • Handle: RePEc:fej:articl:v:6b:y:2012:i:5:p:77-85

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    Cited by:

    1. Nidhi Sharma Sahore & Anshul Verma, 2017. "Annual Report Disclosures and Their Extent and Variance in India," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 6(1), pages 58-66, February.

    More about this item


    Corporate Reporting Practices (CRP); Public Confidence (PC); Nigeria Stock Exchange (NSE);

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration


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