Environmentally Sensitive Industries Attributes and Environmental
Disclosure in Nigeria: Modelling the Double Hurdle Technique

Godspower Anthony Ekpulu (PhD); Paymaster Frank Bingilar (PhD)

doi:https://doi.org/10.56201/jafm.v9.no1.2023.pg1.15

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Environmentally Sensitive Industries Attributes and Environmental Disclosure in Nigeria: Modelling the Double Hurdle Technique

Godspower Anthony Ekpulu (PhD) and Paymaster Frank Bingilar (PhD)

Abstract

The environmental damages firms’ activities have caused, has aroused the need for firms to be very sensitive to their operations. The 2011–2020 research examines firm-specific features and corporate environmental disclosure for listed environmentally sensitive firms in Nigeria. Age, size, leverage, and management ownership are the explanatory variables. Environmental disclosure explains the GRI environmental disclosure index. The research assessed corporate involvement in environmental disclosure using double hurdle regression. The population and sample are all 23 Oil & Gas and Industrial Goods firms. The research found that firm size and financial leverage influence disclosure choice and extent of disclosure. Firm age does not affect disclosure choice or intensity. The study proposes that Nigerian corporations should give detail disclosure of environmental information. It should be a listing requirement for companies. This promotes green accounting. As captains of industries, managers should push environmental policies that improve their environmental performance to better align the organisation and its stakeholders.

Keywords

Firm attributesenvironmental disclosuredouble hurdle regression

References

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Environmentally Sensitive Industries Attributes and Environmental Disclosure in Nigeria: Modelling the Double Hurdle Technique

Abstract

Keywords

References

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