Community Development Cost, Pollution Control Disclousure and Market Value of Listed Consumer and Industrial Goods Firms in Nigeria

Blessing Victor Oshiole
Additional contact information
Blessing Victor Oshiole: Department of Accounting, Bingham University Karu, Nasarawa State

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 10, 797-821

Abstract: Current environmental picture and problem of lack of adequate disclosures of environmental related issues by companies in Nigeria in their annual reports today is a thing of concern to ascertain how environmental disclosure affect the Market Value of Companies. Therefore the study examined effect of community development cost and pollution control disclosure on market value of listed consumer and industrial goods firm in Nigeria covering the period of ten (10) year 2014-2023. The study adopted ex-post facto research design. Longitudinal Panel design was used for analysis which was obtained from Nigerian Exchange Group (NGX) Panel regression analysis technique was used to analyze the data. The result showed that community development cost and pollution control disclosure has negative and insignificant effect on Tobin Q of listed consumer and industrial goods firm in Nigeria. The study therefore conclude that community development cost and pollution control disclosure has negative and insignificant effect on market value of consumer and industrial goods firm in Nigeria. Based on the findings of this study and the conclusion made, the study recommend that Management of consumer and industrial goods firm should not increase community development cost and pollution control disclosure because it does not enhanced market value of the firm.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijrsi/d ... issue-10/797-821.pdf (application/pdf)
https://rsisinternational.org/journals/ijrsi/artic ... ds-firms-in-nigeria/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:11:y:2024:i:10:p:797-821

Access Statistics for this article

International Journal of Research and Scientific Innovation is currently edited by Dr. Renu Malsaria

More articles in International Journal of Research and Scientific Innovation from International Journal of Research and Scientific Innovation (IJRSI)
Bibliographic data for series maintained by Dr. Renu Malsaria ().