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Board Characteristics and Sustainability Reporting: Environmental Agencies' Moderating Effects

Author

Listed:
  • Alhassan Haladu

    (Tunku Puteri Intan Safinaz School of Accountancy (TISSA-UUM), College of Business, Universiti Utara, Kedah, Malaysia,)

  • Basariah Bt. Salim

    (Tunku Puteri Intan Safinaz School of Accountancy (TISSA-UUM), College of Business, Universiti Utara, Kedah, Malaysia.)

Abstract

The Paris Climate Deal is an indication of the seriousness at international level, being attached to environmental degradation. The efficiencies of government environmental agencies in the disclosure of environmental information by sensitive firms in Nigeria, is what the study to examine. Covering the periods 2009 to 2014, secondary data was obtained from firms' financial, sustainability and triple bottom line statements selected at random from six sectors of the economy. Through the use of Stata13 analytical tool, regression of the variables was carried out. The result showed an encouraging disclosure index of about 55%. In particular, all the relationships measured had significant relationships and applied the latest version of global reporting initiative (G4). Environmental agencies were also tested for their role in sustainability reporting. The study recommends nonexecutive members of the Board of Directors be educated on environmental matters so as to offset their negative impact on the disclosure of environmental information.

Suggested Citation

  • Alhassan Haladu & Basariah Bt. Salim, 2016. "Board Characteristics and Sustainability Reporting: Environmental Agencies' Moderating Effects," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1525-1533.
    • Handle: RePEc:eco:journ1:2016-04-32
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    References listed on IDEAS

    as
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    Cited by:

    1. Saidu Musa & Nusirat Ojuolape Gold & Hope Osayantin Aifuwa, 2020. "Board Diversity and Sustainability Reporting: Evidence from Industrial Goods Firms," Business & Management Compass, University of Economics Varna, issue 4, pages 377-398.
    2. Thi H.H. Nguyen & Mohamed H. Elmagrhi & Collins G. Ntim & Yue Wu, 2021. "Environmental performance, sustainability, governance and financial performance: Evidence from heavily polluting industries in China," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2313-2331, July.

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    More about this item

    Keywords

    Board Characteristics; Environmental Protection Agencies; Sensitive Firms;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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