Board Diversity and Sustainability Reporting:
Examining the Impact of Gender and Nationality in Nigerian Banks
Keywords:
Female board director, Foreign board director, Sustainability disclosure, Content analysis, GRIAbstract
This study examined the influence of gender board diversity and board nationality on sustainability reporting of banks in Nigeria using listed deposit money banks in the Nigeria Exchange Group from 2012 to 2022. The study employed descriptive and inferential statistics to summarize the data and to draw an inference on the data generated. The results from the panel least squares regression revealed positive but insignificant relationship between gender diversity and sustainability reporting of listed deposit money banks in Nigeria. The result on the relationship between board gender nationality and sustainability reporting revealed that board nationality has a positive and significant relationship with sustainability reporting of listed deposit money banks in Nigeria. The study recommended that banks in Nigeria, specifically listed deposit money banks, should encourage more representation of both female and foreign board directors, in order to improve on the extent of sustainability disclosure in banks in Nigeria.
