CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA
The failure of the board of directors to effectively manage a company's disclosure of CSR can significantly damage its reputation. Therefore, this study examines the influence of board size on corporate social responsibility disclosure (CSRD) among listed industrial goods companies in Nigeria....
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| Format: | Article |
| Language: | English |
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Kwara State University, Malete Nigeria
2024-12-01
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| Series: | Malete Journal of Accounting and Finance |
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| Online Access: | https://majaf.com.ng/index.php/majaf/article/view/178 |
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| author | Jimoh IBRAHIM Emmanuel Taiwo AINA Olubukola Olajumoke AKANJI |
| author_facet | Jimoh IBRAHIM Emmanuel Taiwo AINA Olubukola Olajumoke AKANJI |
| author_sort | Jimoh IBRAHIM |
| collection | DOAJ |
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The failure of the board of directors to effectively manage a company's disclosure of CSR can significantly damage its reputation. Therefore, this study examines the influence of board size on corporate social responsibility disclosure (CSRD) among listed industrial goods companies in Nigeria. Ex post facto research design was used. Purposive sampling technique was used to select sample size of eleven (11) quoted industrial goods companies out of study’s population of 13 quoted firms. Secondary data were extracted from annual accounts of sampled 11 companies from 2011-2021. The study utilized panel estimation regression methods to analyze the data. The results indicated that board size had a positive and significant effect on CSR disclosure (coeff.= 0.0154, p-v =0.0260), suggesting that a diverse board with more expertise, qualities, and core competence can enhance monitoring and supervision, thereby improving the quality of CSR. The study's concluded that corporate boards can effectively encourage listed industrial products companies in Nigeria to disclose their CSR practices. The study also recommends that industrial products companies should maintain an effective board size to oversee management and ensure that all actions align with the company's objectives.
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| format | Article |
| id | doaj-art-7d94b814de2a4af6a46b83ecd81fb7d6 |
| institution | Kabale University |
| issn | 2735-9603 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Kwara State University, Malete Nigeria |
| record_format | Article |
| series | Malete Journal of Accounting and Finance |
| spelling | doaj-art-7d94b814de2a4af6a46b83ecd81fb7d62025-02-11T23:07:55ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032024-12-0151CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIAJimoh IBRAHIM0Emmanuel Taiwo AINA1Olubukola Olajumoke AKANJI2Osun State University, NigeriaIgbajo Polytechnic, Osun State, NigeriaFederal Polytechnic, Ede, Osun state, Nigeria The failure of the board of directors to effectively manage a company's disclosure of CSR can significantly damage its reputation. Therefore, this study examines the influence of board size on corporate social responsibility disclosure (CSRD) among listed industrial goods companies in Nigeria. Ex post facto research design was used. Purposive sampling technique was used to select sample size of eleven (11) quoted industrial goods companies out of study’s population of 13 quoted firms. Secondary data were extracted from annual accounts of sampled 11 companies from 2011-2021. The study utilized panel estimation regression methods to analyze the data. The results indicated that board size had a positive and significant effect on CSR disclosure (coeff.= 0.0154, p-v =0.0260), suggesting that a diverse board with more expertise, qualities, and core competence can enhance monitoring and supervision, thereby improving the quality of CSR. The study's concluded that corporate boards can effectively encourage listed industrial products companies in Nigeria to disclose their CSR practices. The study also recommends that industrial products companies should maintain an effective board size to oversee management and ensure that all actions align with the company's objectives. https://majaf.com.ng/index.php/majaf/article/view/178Corporate board size,CSRDindustrial goods companies |
| spellingShingle | Jimoh IBRAHIM Emmanuel Taiwo AINA Olubukola Olajumoke AKANJI CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA Malete Journal of Accounting and Finance Corporate board size, CSRD industrial goods companies |
| title | CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA |
| title_full | CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA |
| title_fullStr | CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA |
| title_full_unstemmed | CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA |
| title_short | CORPORATE BOARD SIZE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AMONG LISTED INDUSTRIAL GOODS COMPANIES IN NIGERIA |
| title_sort | corporate board size and corporate social responsibility disclosure among listed industrial goods companies in nigeria |
| topic | Corporate board size, CSRD industrial goods companies |
| url | https://majaf.com.ng/index.php/majaf/article/view/178 |
| work_keys_str_mv | AT jimohibrahim corporateboardsizeandcorporatesocialresponsibilitydisclosureamonglistedindustrialgoodscompaniesinnigeria AT emmanueltaiwoaina corporateboardsizeandcorporatesocialresponsibilitydisclosureamonglistedindustrialgoodscompaniesinnigeria AT olubukolaolajumokeakanji corporateboardsizeandcorporatesocialresponsibilitydisclosureamonglistedindustrialgoodscompaniesinnigeria |