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SUSTAINABILITY ACCOUNTING AND INVESTOR SATISFACTION OF CONSUMER GOODS FIRMS LISTED ON NIGERIAN EXCHANGE GROUP

📘 Volume 10 📄 Issue 5 📅 may 2023

👤 Authors

Confidence Joel, IHENYEN, Victoria Ajumoke, INAFA 1
1. -, -, -

📄 Abstract

This research looked at how sustainability reporting at consumer goods companies listed on the Nigerian Exchange Group affected investor sentiment. The research was conducted using an ex-post-facto design. The sixteen (16) companies that were active at the time this study was conducted and that are listed on the NGX as consumer goods manufacturing companies are the focus of this investigation. This study makes use of data for the years 2012 through 2020 and were analyzed using regression model and the results exposed that corporate environmental disclosure, corporate community disclosure and corporate governance disclosure costs have no significant influence on dividend payout (shareholders satisfaction) in the consumer goods manufacturing sector, whereas, entity size and shareholders satisfaction in Nigeria has a significant influence on earnings per share (shareholders satisfaction). According to the studys findings, the following policies are suggested: managers of the entities should prioritize shareholder interests while also taking into account those of the host communities; entities should comply with all corporate environmental disclosure requirements because doing so is attractive to investors; and entities should not lose sight of the goal of corporate governance disclosure, which is to maximize shareholder wealth.

🏷️ Keywords

Corporate Environmental Community Governance Disclosure

📚 How to Cite:

Confidence Joel, IHENYEN, Victoria Ajumoke, INAFA , SUSTAINABILITY ACCOUNTING AND INVESTOR SATISFACTION OF CONSUMER GOODS FIRMS LISTED ON NIGERIAN EXCHANGE GROUP , Volume 10 , Issue 5, may 2023, EPRA International Journal of Economics, Business and Management Studies (EBMS) ,

🔗 PDF URL

https://cdn.epratrustpublishing.com/article/825pm_10.EPRA JOURNALS 13345.pdf

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