SOURCE:

Faculty: Management Sciences
Department: Accountancy

CONTRIBUTORS:

Adeniyi, S. I.
Okoye, E. I.

ABSTRACT:

The study investigated the effect of corporate attributes on voluntary corporate social disclosure of selected listed manufacturing firms on Nigerian Stock Exchange. The specific objectives of this study is to examine the effect of company size, company age, profitability, financial leverage, audit firm size and ownership structure on voluntary corporate social disclosure among listed manufacturing firms on Nigerian Stock Exchange. This study used ex-post facto design. The population of the study was made up of consumer and industrial goods manufacturing firms listed on the Nigerian Stock Exchange (NSE) as at December, 2017 and have consistently submitted their annual reports to the Nigeria Stock Exchange. Simple linear and multiple regression analysis were used with the aid of SPSS 20.0 software for the panel data in order to determine the relationship between the variables. The study discovered that financial leverage and company age does not have positive significant effect on voluntary corporate social disclosure. Audit firm size has significant effect on voluntary corporate social disclosure among selected listed manufacturing firms on Nigerian Stock Exchange. While, the interaction of independent variables (company size, company age, profitability, audit firm size, financial leverage and ownership structure) does not significantly affect voluntary corporate social disclosure among selected listed manufacturing firms on Nigerian Stock Exchange. Based on the findings, the researcher recommends among others that regulatory authorities should mandate all listed firms on Nigerian Stock Exchange to embrace corporate social disclosure in their annual reports and financial statements.