EFFECT OF CHIEF
EXECUTIVE OFFICER
CHARACTERISITCS ON
FINANCIAL REPORTING QUALITY
Obal Usang Edet Usang*, Prince Ikenna
Awuzie & John O. Oboh
Department of Accounting, University of
Calabar, Calabar, Nigeria
- usangobal@yahoo.com
ABSTRACT
The study examined the effect of the chief
executive officer’s (CEO) characteristics on
the financial reporting quality of listed banks
on the Nigeria Stock Exchange. The ex-post
factor design was adopted, and the sample
size consist of 17 listed banks on the Nigeria
Stock Exchange. Individual bank’s websites
and annual reports served as the means for
obtaining data. Data analysis was conducted
using the ordinary least square regression
with the aid of EViews version 10. The
findings revealed that only CEO experience
had a positive and significant effect on
financial reporting quality. All other CEO
characteristics had a non-significant effect on
financial reporting quality of listed banks in
Nigeria. It was therefore recommended that
in the appointments of a CEO, experience
should be highly considered as it contributes
Accounting and Finance Research Association
to the quality of financial information made
available to the public.
Keywords: Financial reporting quality, CEO
characteristics, CEO experience,