The purpose of this study was to examine the impact of dividend payout ratio on the value of firm. The study also examined other factors that affect the value of firm while employing companies listed on the Nigerian stock exchange. The factors which were considered to affect the value of the firm in this study include profitability, leverage policy ratio, dividend policy ratio, cash holding and the size of the firm. The study employed Panel Ordinary Least Square Regression Techniques in analyzing the collated data. The sample in this study is drawn from breweries and beverages companies listed on the Nigerian stock exchange between the periods 2007-2016. The results showed that profitability ratio and leverage ratio positively and significantly impact on the value of the firm. This implies that only the variables of Firm Leverage, and Profit after Tax are significant factors that drives firm value in both breweries and beverages companies among listed companies in Nigeria. The study however recommends that corporate managers whose interest is to raise firm value should ensure the maximization of Profit after Tax, and focus on policies that will improve the leverage ratio of the firm.

The board of directors is responsible for making important decisions relating to corporate climate strategy. However, there is a possibility that their focus on minimizing agency costs may lead them to compromise environmental policies. This study aims to examine the impact of board diversity on the tendency that consumer goods firms listed in Nigeria will report on their environmental sustainability activities with a focus on a ten-year period (2011 to 2020). This study adopts ex-post facto research design using a population of twenty (20) consumer goods firms listed on the Nigerian Exchange Group's (NGX). A sample of 16 firms were selected through purposive sampling techniques and the data set which were sourced from published audited annual report were analysed using binary logistic regression analyses approach. The result reveal that CEO nationality have a positive significant effect on environmental disclosure suggesting that engaging the services of a foreign CEO can be leveraged upon in the determination of corporate goals that are associated with reducing the adverse effect of firm’s operation on the environment. The outcome is consistent with the stakeholders’ theory and reflects a sign of CEOs commitment to the demands and interests of stakeholders. In view of the foregoing, the study advocate for policies that that will accommodate hiring CEOs from different nationality. Such policies when implemented will give support to environmentally friendly discussions and deliberations which can translate to improved value for the firm. Such policy actions will be fundamental to maintaining good relationships with powerful stakeholders hence help avoid undue pressure from stakeholders.