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Research Paper | Accounting | Nigeria | Volume 9 Issue 12, December 2020

Determinants of Environmental Accounting Disclosure of Listed Oil and Gas Firms in Nigeria

Baba Sabo

Abstract: The demand for environmental disclosures, have continued to make wave as both the investors, policy maker and others stakeholders continue to see the need. The fluctuation on the reporting has also trigger debate on the mind of researchers as to what determines the environmental accounting disclosure. In the light of this, the study examines the determinants of environmental accounting disclosure of listed oil and gas firms in Nigeria. The study adapted Dibia and Onwechekwa (2015) model and measure environmental accounting disclosure with a dichotomous variable. Data for the study were obtained from the audited annual report of the 10 sampled firms for a period of 7 years covering 2012 to 2018. The study employed pooled logistic regression as tool for analysis and testing of hypotheses. The result shows that profitability has negative and significant effect on environmental information disclosure, leverage has insignificant effect on environmental accounting disclosure, audit firm type and firm size have positive and significant effect on environmental accounting disclosure The study concludes that profitability, firms size and audit firm type are determinants of determinants of environmental accounting disclosure of listed oil and gas firms in Nigeria. The study recommends among others that management of profitability firms should re-orient their mindset on environmental accounting disclosure and continue to see environmental disclosure a necessity for satisfying majority of the stakeholders.

Keywords: Environmental accounting, profitability, leverage, firms size, Audit type

Edition: Volume 9 Issue 12, December 2020,

Pages: 110 - 120