IDEAS home Printed from https://ideas.repec.org/a/ris/joibac/0032.html
   My bibliography  Save this article

Corporate Ethical Standard And The Quality Of Sustainability Reporting: Empirical Evidence From Commercial Banks In Nigeria

Author

Listed:
  • Sharon O, Oluseyi

    (Covenant University Department of Accounting, Nigeria)

  • Akintola A, Owolabi

    (Pan-Atlantic University, Lagos Business School, Nigeria)

  • Francis O, Iyoha

    (Covenant University, Nigeria)

  • Dorcas T, Adetula

    (Covenant University, Nigeria)

Abstract

Compliance with legal requirements is mandatory for corporate entities in Nigeria, but when a decision is taken in a situation that is not legally binding, the appropriate moral decision depends on the ethical standard of the company. Sustainability reporting in Nigeria is voluntary, therefore the quantity and quality of disclosure is at the discretion of company leadership. This study evaluated the ethical behavior of Nigerian commercial banks and how it affects their sustainability disclosure quantity and quality. Focus was on the proportion of each bank’s corporate annual reports that contains environmental disclosures, social responsibility disclosures and governance disclosures. Information on the banks’ websites that relate to sustainability policies or activities was also considered. This work includes an extensive review of relevant literature, hinging the study on legitimacy theory. Crosssectional research design was utilized in undertaking the study. Samples of fourteen (14) commercial banks were selected from the companies listed on the Nigerian stock exchange and studied for a period of 2008-2017 financial years. Multivariate Linear model analysis was used to test the hypothesis. Findings revealed a positive relationship between corporate ethical standard and sustainability disclosure of Nigerian commercial banks. It is hereby, recommended that company directors and stakeholders should build strong corporate ethical culture since it directly affects their sustainability, while quality sustainability reporting practice is beneficial to the reporting entity, environment and society.

Suggested Citation

  • Sharon O, Oluseyi & Akintola A, Owolabi & Francis O, Iyoha & Dorcas T, Adetula, 2019. "Corporate Ethical Standard And The Quality Of Sustainability Reporting: Empirical Evidence From Commercial Banks In Nigeria," Journal of Internet Banking and Commerce, , vol. 24(02), pages 01-20, August.
  • Handle: RePEc:ris:joibac:0032
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    Sustainability Information; Ethical Behavior; Corporate Report; Bank Website;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:joibac:0032. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dale Pinto (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.