Determinants of Triple Bottom Line Disclosure Practice of Listed Manufacturing Firms on the Nigerian Stock Exchange

Onyali, C.Im, Okoye, E.I, & Okerekeoti, C. (2018). Determinants of Triple Bottom Line Disclosure Practice of Listed Manufacturing Firms on the Nigerian Stock Exchange.Asian Journal of Economics, Business and Accounting. 5(3): 1-17, 2017, DOI: 10.9734/AJEBA/2017/38423

17 Pages Posted: 2 May 2018

See all articles by Chidiebele Onyali

Chidiebele Onyali

Nnamdi Azikiwe University - Department of Accountancy

Emmanuel Ikechukwu Okoye

Nnamdi Azikiwe University - Department of Accountancy

Chinedu Okerekeoti

Nnamdi Azikiwe University - Department of Accountancy

Date Written: 2017

Abstract

The study examines the determinants of Triple Bottom Line Accounting Practice of Listed Manufacturing Firms on the Nigerian Stock Exchange. The specific objectives of this study are to determine the relationship between Firm size, Firm liquidity, Firm leverage and triple bottom line disclosure practice of manufacturing firms listed on Nigerian Stock Exchange. Three research hypotheses were formulated for the study. This study adopted the ex-post facto research design. The sample of the study comprises of eighteen (18) manufacturing companies in Nigeria. The study relied on secondary data from annual financial statements of the companies. The formulated hypotheses were analyzed and tested using multiple regression analysis. The analysis was performed with the aid of E-view 8.0. The study revealed that Firms' size, liquidity and leverage have a significant positive relationship with the Triple bottom line Accounting practice of Manufacturing Firms listed on the Nigerian Stock Exchange. Consequent upon this study, it was recommended among others that triple bottom line disclosure orientation should be cultivated by all firms, irrespective of their size, liquidity and leverage status to make the practice part and parcel of their corporate strategy necessary for long-term business survival.

Keywords: triple bottom line, triple bottom line disclosure, firms' triple bottom line disclosure practice

JEL Classification: M40, M41

Suggested Citation

Onyali, Chidiebele and Okoye, Emmanuel Ikechukwu and Okerekeoti, Chinedu, Determinants of Triple Bottom Line Disclosure Practice of Listed Manufacturing Firms on the Nigerian Stock Exchange (2017). Onyali, C.Im, Okoye, E.I, & Okerekeoti, C. (2018). Determinants of Triple Bottom Line Disclosure Practice of Listed Manufacturing Firms on the Nigerian Stock Exchange.Asian Journal of Economics, Business and Accounting. 5(3): 1-17, 2017, DOI: 10.9734/AJEBA/2017/38423 , Available at SSRN: https://ssrn.com/abstract=3162959

Chidiebele Onyali

Nnamdi Azikiwe University - Department of Accountancy ( email )

Awka, Anambra 23400
Nigeria

Emmanuel Ikechukwu Okoye (Contact Author)

Nnamdi Azikiwe University - Department of Accountancy ( email )

Awka, Anambra 23400
Nigeria

Chinedu Okerekeoti

Nnamdi Azikiwe University - Department of Accountancy

Awka, Anambra 23400
Nigeria

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
66
Abstract Views
1,075
Rank
613,074
PlumX Metrics