SUSTAINABILITY REPORTING AND FINANCIAL PERFORMANCE OF LISTED MANUFACTURING FIRMS IN NIGERIA

SUSTAINABILITY REPORTING AND FINANCIAL PERFORMANCE OF LISTED MANUFACTURING FIRMS IN NIGERIA

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This study examines the effect of sustainability reporting (SR) on financial-performance of listed manufacturing firms in Nigeria from 2010 to 2020.Ex-post facto research design was employed and 24 firms form 8 sectors were sampled.Data were sourced from their annual report Military Helicopter Kit and analysed using Panel-regression technique.

The study found positive significant connection linking DP, ERS and R&D and financial performance while CRS has negative insignificant effect on financial-performance.Base on the findings, the study concluded that SR has positive influence on financial-performance of listed Amica AWC600BL 46 Bottle 60cm Freestanding Wine Cooler - Black manufacturing firms in Nigeria.The study recommended that relevant authorities should encourage firms to report SR on real-time and make reporting compulsory and not voluntary.

There should be strict enforcement on firms to increase investment in R&D as this will increase profitability and help climate change.