Audit Committee Characteristics and Sustainability Performance in Nigerian Listed Banks

Abstract

<jats:p>This study investigates the influence of audit committee characteristics on the sustainability disclosure among the Nigerian listed banks. Using the Fixed Effect regression estimator of panel data for ten (10) listed banks in Nigeria over the period of 2014–2016, the result shows that the influence of audit committee independence and gender diversity of audit committee are significantly positive on the sustainability disclosure. However, the audit committee magnitude has a negative and significant influence on the sustainability disclosure. This paper is unique as we consider the importance of the gender diversity of the committee given its relative contribution to sustainability reporting quality. This study tends to provide insights on sustainability reporting and assist stakeholders in emphasizing on the importance of sustainability disclosure through the audit committee oversight.</jats:p>

The Association between Audit Committee Characteristics and Corporate Social Responsibility Disclosure in GCC Countries

“…On the other hand, other studies did not support such a positive association or found a negative relationship (Madi et al, 2014;Bicer and Feneir, 2019;Adegboye et al, 2020).…”

“…Most of the previous research found significant positive association between AC independence and CSRD (i.e., Madi et al, 2014;Appuhami and Tashakor, 2017;Buallay and Al-Ajmi, 2019;Adegboye et al, 2020). However, other studies did not find a relationship between AC independence and CSRD (i.e., Li et al, 2012;Othman et al, 2014;Musallam, 2018).…”

“…Li et al, 2012); sustainability disclosure (i.e. Buallay and Al-Ajmi, 2019;Adegboye et al, 2020) environmental and social disclosure (i.e. Shaukat et al, 2016;Bicer and Feneir, 2019).…”

“…Continuous AC engagement throughout the whole financial year is crucial to achieve its objectives and enhance the efficiency and reliability of AC role (Adegboye et al, 2020). AC number of meeting is used in the current study as a tigger for AC engagement.…”

The Impact of Digital and Green Innovation Strategy on Citizen Trust Towards Sustainable Financial Performance of Local Government

“…The Green Innovation Concept or Green Innovation as an effort to reform the process or human activity is running along with an environmentally friendly lifestyle (Green Lifestyle) and a green economy and support one another (Owen et al, 2018). At first glance it may sound ordinary, but in fact green innovation can provide extraordinary benefits not only for humans but also the earth's soil that supports sustainable life (Adegboye et al, 2020) Innovation of creating value is often identified with "big reforms" that can only be carried out by large institutions or companies, but in fact innovation belongs to anyone, including farmers in rural areas far from urban areas. Innovation can come from anyone, no matter the level of education.…”