| Popis: |
The environment is a major force that businesses must deal with if they want to do well. In recent years, it has attracted the attention of governments, managers, policymakers, scholars, financiers, and investors. Even though, there is a lot of empirical literature on the quality of environmental reporting, most of these studies were done in countries that are already developed. In emerging economies, which are also known as developing countries, not much have been done. Also, the empirical results of the few studies reviewed were mixed: some were positive and significant, others were negative and significant, and some were not at all significant. Also, previous empirical studies have not been able to find results that are consistent and clear. In this article, the Probit estimation model is used to look at the factors that affect the quality of environmental disclosure in Nigeria. Statistics were used to describe the type of data that was used. The data were looked into using both the correlation matrix and the multiple regression technique. Findings show that environmental reporting quality is not based on ownership structure, profitability, debt, or sales growth. But it was found that the size of a firm had both a positive and a significant effect on the quality of environmental disclosure. Even though the paper advances research on what factors affect the quality of environmental disclosure, it only looks at companies whose data is available from Machameratios. The results have important practical implications for communities, managers, policymakers, and government regulators. This article is the first to use the Stakeholders' Theory to explain the factors that affect how well environmental information is shared in Nigeria. Since firm size has a positive effect on the quality of environmental disclosure, policy changes should be directed at increasing investments in total assets. |
