Financial performance, liquidity and sustainability reporting: The Nigerian evidence

Abstract

The main objective of this study is to examine the effect of financial performance and liquidity on sustainability reporting of selected quoted manufacturing companies in Nigeria. The study was quantitative and the expo facto research design was used, and data were collected from annual reports and accounts of ten (10) quoted manufacturing companies in Nigeria over a period of five (5) years (2017 – 2021). The study employed the panel regression models in analyzing the data obtained. The findings of the research indicated that financial performance and liquidity have a significant effect on the sustainability reporting of selected quoted manufacturing companies in Nigeria. Based on these findings, the study concluded that financial performance and liquidity play a vital role in the level of sustainability reporting of manufacturing firms. This study recommended that organizations should constantly monitor and measure their financial strength and liquidity level which is a key determinant of robust sustainability reporting.