IDEAS home Printed from https://ideas.repec.org/a/ris/sphecs/0383.html
   My bibliography  Save this article

Board Members’ Education Diversity And Sustainability Reporting

Author

Listed:
  • GOLD, Nusirat Ojuolape

    (Department of Accounting and Finance, School of Humanities, Management and Social Sciences, Kwara State University, Malete, Kwara State, Nigeria, Tel.: +2348038881402)

  • AIFUWA, Hope Osayantin

    (Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City, Edo State, Nigeria, Tel.: +2348113232082)

  • USMAN, Muhammed Kamaldeen

    (Department of Accounting and Finance, School of Humanities, Management and Social Sciences, Kwara State University, Malete, Kwara State, Nigeria, Tel.: +234803116341,)

  • SUBAIR, Muhammed Lawal

    (Accountancy Department, Kwara State Polytechnic, Ilorin, Tel: +2348064181712)

  • OSAZEVBARU, Albert

    (Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City, Edo State, Nigeria,)

  • OLOYEDE, Betsy Moroyin,

    (Statistics Department, Central Bank of Nigeria, Tel.: +2349073395999; +2348133451459)

Abstract

The objective of this study is to investigate the influence of an educationally diverse board on sustainability reporting of listed consumer goods in Nigeria for the period 2014-2019. We developed a sustainability disclosure index using the Global Reporting Initiative (GRI) guidelines to score the information content of annual reports relating to sustainability performance. Board members’ education level and background were used to proxy education diversity in the boardroom. We employed descriptive and inferential statistics to summarize the data and to draw an inference on the population studied. Results from the panel least squares regression revealed that board educational background diversity positively and significantly affects the sustainability reporting of consumer goods firms in Nigeria. However, we found no evidence on the nexus between diversity in the level of education of board members and sustainability reporting. The study concluded that board education diversity influences sustainability reporting in Nigeria. Consumer goods firms should frequently conduct workshops and symposiums on environmental and social reporting issues for their board members and employ directors from a diverse educational background into the board.

Suggested Citation

  • GOLD, Nusirat Ojuolape & AIFUWA, Hope Osayantin & USMAN, Muhammed Kamaldeen & SUBAIR, Muhammed Lawal & OSAZEVBARU, Albert & OLOYEDE, Betsy Moroyin,, 2021. "Board Members’ Education Diversity And Sustainability Reporting," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 21(1), pages 109-131.
    • Handle: RePEc:ris:sphecs:0383
    as

    Download full text from publisher

    File URL: https://drive.google.com/file/d/1uOvYGYfDyD0Cw_8xt6zdu83UrNbKlslD/view
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    education level diversity; education background diversity; sustainability reporting; global reporting initiative; consumer goods firms;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    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:sphecs:0383. 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: Aurelian A BONDREA or Constantin Mecu The email address of this maintainer does not seem to be valid anymore. Please ask Constantin Mecu to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/ffuspro.html .

    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.