BOARD CHARACTERISTICS AND ENVIRONMENTAL REPORTING QUALITY: EVIDENCE FROM AN EMERGING ECONOMY
Keywords:
Financial Expertise, Firm Size, Gender Diversity, Meeting Frequency, Quality Environmental DisclosureAbstract
This study examined the effect of board characteristics on environmental reporting quality among listed industrial goods firms in Nigeria from 2014 to 2024. Specifically, it investigated the influence of board gender diversity, board financial expertise, and board meeting frequency on the quality of environmental disclosures, while controlling for firm size. The study adopted an ex post facto research design, using panel data derived from content analysis of annual reports of nine purposively selected firms. Descriptive statistics, correlation analysis, and panel regression techniques were employed for data analysis. The findings revealed that board gender diversity, board financial expertise, and board meeting frequency each had a positive and statistically significant influence on environmental reporting quality. Additionally, firm size showed a significant positive effect, suggesting that larger firms disclose more extensive environmental information. The study concludes that certain board attributes significantly enhance environmental transparency in Nigeria’s industrial goods sector. It recommends that firms should prioritise diverse and financially literate boards that meet regularly to strengthen sustainability governance and disclosure practices.
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