THE RELATIONSHIP BETWEEN SUSTAINABILITY ACCOUNTING DISCLOSURE AND FINANCIAL PERFORMANCE IN LISTED OIL AND GAS COMPANIES IN NIGERIA

https://doi.org/10.5281/zenodo.10829255

Authors

  • Nnamani, Chidiebere , PhD Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.
  • Akubue, Daniel Ifeanyi Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.
  • Nzeagwu, Chinonyerem Emmanuel Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.
  • Ndubusi, Prince Chinecherem Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.
  • Ijegalu, Sunday Jerome Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.
  • Udegbunam Benedith Omelebere Department of Accountancy, Faculty of Business Administration, University of Nigeria, Nsukka.

Keywords:

Sustainability, Accounting disclosure, Financial performance, , Nigerian firms

Abstract

The main objective of this study is to determine whether there is a relationship between sustainability accounting disclosure and financial performance of Nigerian firms. Specifically, the objectives of the study are; ascertain the effect of corporate social responsibility on return on equity determine the effect of research and development accounting on return on equity and to determine the effect of environmental protection accounting on return on equity of Nigerian oil and gas companies. Ex post facto research design and content analysis were employed for the study. Data for study was collected from annual reports and accounts of the company in Nigeria. Formulated hypotheses were tested using Pearson Correlation with the aid of SPSS Version 26. Based on the analysis, the study revealed that corporate social responsibility has effect on return on equity of Nigerian oil and gas companies, research and development accounting has effect on return on equity of Nigerian oil and gas companies and that environmental protection accounting has no significant effect on return on equity of Nigerian oil and gas companies. The study therefore recommends among other things that accounting regulatory bodies should introduce sustainable environmental accounting and reporting that will take care of environmental/sustainability information dissemination.

Published

2024-03-18

How to Cite

Nnamani, C., Akubue, D. I., Nzeagwu, C. E., Ndubusi, P. C., Ijegalu, S. J., & Udegbunam , B. O. (2024). THE RELATIONSHIP BETWEEN SUSTAINABILITY ACCOUNTING DISCLOSURE AND FINANCIAL PERFORMANCE IN LISTED OIL AND GAS COMPANIES IN NIGERIA. Journal of Interdisciplinary Research in Accounting and Finance (JIRAF), 11(1), 56–73. https://doi.org/10.5281/zenodo.10829255

Issue

Vol. 11 No. 1 (2024): January-March

Section

Original Peer Reviewed Articles
Copyright & Licensing

Copyright (c) 2024 Journal of Interdisciplinary Research in Accounting and Finance (JIRAF)

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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