EFFECT OF SUSTAINABILITY REPORTING ON CORPORATE PERFORMANCE OF LISTED PETROLEUM COMPANIES.

EFFECT OF SUSTAINABILTY
REPORTING ON CORPORATE
PERFORMANCE OF LISTED
PETROLEUM COMPANIES.
Akabom, Ita Asuquo
Department Of Accounting
Faculty Of Management Sciences
University Of Calabar,
Calabar
drakabom3@gmail.com
&
Inyang, Ochi Inyang
Department Of Accounting
Faculty Of Management Sciences
University Of Calabar,
Calabar
inyangochi@gmail.com
&
Ahakiri, Francis Idiege.
Department Of Accounting
Faculty Of Management Sciences
University Of Calabar, Calabar.
ahakirifrancis.1@gmail.com
ABSTRACT
The study was carried out on effect of
Sustainability reporting on corporate
performance of listed petroleum companies
in Nigeria. It was conducted for the purpose
of knowing how responsible petroleum firms
in Nigeria are interacting with the society in
which they do businesses in. The study made
use of secondary data obtained from annual
reports of the companies under study. The
data collected were analyzed using multiple
regression analysis. The results of analysis
revealed that economic performance
disclosure and environmental performance
disclosure have no significant effect on
return on asset while social performance
disclosure has significant effect on company’s
performance. Based on the findings, it was
recommended that mandatory reporting
framework should be put in place forBook of Abstract
petroleum firms listed in the Nigerian stock
exchange to encourage sustainability
reporting by these companies
Keywords: Sustainability, Reporting,
performance, environment, corporate

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