Effect of Corporate Governance Attributes on Environmental Disclosure of Listed Manufacturing Companies in Nigeria

Abstract

This research examined the effect of corporate governance attributes on environmental disclosure of listed manufacturing companies in Nigeria. The data for the study were collected from annual reports and accounts of the sample twenty (20) companies listed on the Nigerian Stock exchange for the period of seven years from 2012 to 2018. Empirical analyses were carried out using correlation matrix, regression analysis. Regression analysis was used in testing hypothesis using Stata 11.0. The result of fixed effect rgression reveals independent directors has significant positive effect on the environmental disclosure of listed manufacturing companies. While foreign directors, directors with dual membership and educational background of the directors have positive insignificant effect on environmental disclosure of listed manufacturing companies in Nigeria.  The study therefore, recommends that management of company should have environmental committee to help them monitor and identify environmental need in their host communities. Government should come with policy that will make every company participate in environmental activities and monitor such.

Keywords: Environmental disclosure, independent director and foreign directors

DOI: 10.7176/EJBM/12-27-07

Publication date:September 30^th 2020