IMPACT OF SUSTAINABILITY REPORTING ON CORPORATE PERFORMANCE OF SELECTED QUOTED COMPANIES IN NIGERIA

The principal objective of this research is to ascertain the Impact of Sustainability
Reporting on Corporate Performance of Selected Quoted Companies in Nigeria. The
specific objectives of this research are: to ascertain the level of impact of
sustainability reporting on return on equity of companies listed on the Nigeria Stock
Exchange; to examine the level of impact of sustainability reporting on return on
assets of companies listed on the Nigerian Stock Exchange; to ascertain the level of
impact of sustainability reporting on earnings per share of companies listed on the
Nigerian Stock Exchange; to examine the level of impact of sustainability reporting
on net profit margin of companies listed on the Nigerian Stock Exchange. This
research employed ex-post facto design. The sample for the study was made up of
64 companies selected from 76 non financial companies quoted on the Nigerian
Stock Exchange. This research utilised secondary data. A model specification based
on regression model was used. The statistical technique employed in testing the
hypotheses was the student t – test statistic. Findings from this study show that
Sustainability Reporting impacted positively on financial performance of companies
investigated. Companies are therefore encouraged to adopt this reporting system.