Anthropogenic Reporting and the Quality of Firms’ Disclosure: A Study of Nigeria Banking Sector

Abstract

The study assesses the impact of anthropogenic reporting on the quality of firms’ disclosure in the Nigerian banking sector. Environmental factors such as material used by firms, organic pollutants, and environmental protection expenditure and so on should influence the company report; banking sector inclusive. the specific objectives focused on effect of environmental, economic and social factors affect quality of corporate reporting in the Nigeria banking sector. in realizing the motive of the study, ex post facto research design was adopted for while secondary data were retrieved from the financial report of 10 banks out of the 14 listed on Nigeria Stock Exchange as at 31st December, 2018.the study used correlation technique to analyse the data. The findings of the analysis revealed that the coefficient is 0.120544 indicating that a 1% increase in the other variables that determined quality of firms’ disclosure will increase by 0.120544%. There is an inverse but insignificant relationship between environmental indicator and quality of firms’ disclosure with the p- value of 0.2221 greater than 0.1. however, economic indicator is observed to be inversely and significantly related to firms’ disclosure at 5% level. There is an affirmative and significantly amidst the quality of social indicators and firms’ reporting. The implication of this result is that an increase in the social factor, raises the quality of firms’ disclosure on the average of 5% level. It is therefore concluded that anthropogenic reporting using social and economic indicators, has significantly effect on quality of firms’ disclosure in the Nigeria banking sector. This study recommends that stakeholders such as institutions, professionals should improve on anthropogenic reporting within business organization.