Drivers of Voluntary Integrated Reporting in the Nigerian Listed Deposit Money Banks

Yahaya Umar Usman, Prof. Muhammad Liman Muhammed and Ahmed Garba Basakwwace
Additional contact information
Yahaya Umar Usman: Department of Accounting and Finance Technology, ATBU Bauchi
Prof. Muhammad Liman Muhammed: Department of Accounting Bayero University, Kano
Ahmed Garba Basakwwace: Department of Accounting, Umaru Ali Shinkafi Polytechnic, Sokoto.

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 3, 475-497

Abstract: The advent of integrated reporting has attracted the attention of scholars globally to fill the gap in Nigeria in general, and Nigerian deposit money banks in particular. This study investigates the drivers of voluntary integrated reporting in Nigerian banking industry. The study crafted in the Nigerian listed Deposit Money Banks (DMBs) and all 13 banks listed on the Nigerian Exchange Group were taken as samples, and data were generated from the annual reports and accounts of the bank for the period of eight years from 2014 to 2021; descriptive statistics, correlation, and regression analysis were used for data analyses. The findings reveal that the factors that drive a bank to voluntarily report integrated reporting framework are the size of the bank, the age of the bank, the level of growth, the banks audited by the big international audit firms, and the board dominated by male directors; the findings also reveal that the average level of integrated reporting in the industry is 55%. The study recommended that the Nigerian exchange group should encourage listed companies to adopt integrated reports, especially the premium board, the Financial Reporting Council (FRC) should provide a framework for voluntary integrated reporting in Nigeria and finally the Central Bank of Nigeria (CBN) should provide technical support that would ease the implementation of the IR framework by the Nigerian Deposit Money Banks (DMB).

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijrsi/d ... -issue-3/475-497.pdf (application/pdf)
https://rsisinternational.org/journals/ijrsi/artic ... deposit-money-banks/ (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:3:p:475-497

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 ().