Reporting

This study examined the influence of fair value accounting on firm value among thirteen deposit money banks listed on the Nigerian Exchange Group (NGX) over the period 2013–2023. The study specifically investigated the effects of institutional ownership, investor reaction, leverage, firm size, compliance, and audit fees on firm value. Secondary data were collected from the audited annual reports of the sampled banks and analyzed using descriptive statistics, correlation analysis, and panel least squares regression in EViews 13. The descriptive analysis revealed moderate firm value, high institutional ownership, large firm size, and significant investment in audit fees, while the correlation analysis showed weak relationships among the study variables, indicating no multicollinearity concerns. Regression results indicated that none of the independent variables had a statistically significant impact on firm value, with the model explaining only 2% of the variation in firm value (R² = 0.0204). The findings suggest that fair value accounting, as proxied by the selected measures, does not significantly influence the valuation of Nigerian banks. It is concluded that other factors, including external market conditions and unobserved firm-specific characteristics, may play a more substantial role in determining firm value. The study recommends that bank management, investors, and regulators consider broader financial, operational, and market factors in evaluating firm performance and valuation.

This study examines the effect of firm-specific attributes on the financial reporting quality of banks in Nigeria, focusing on firm size, profitability, board independence, audit committee effectiveness, and leverage. Anchored on Agency Theory, Signaling Theory, and Stakeholder Theory, the study explores how internal characteristics influence managerial incentives, stakeholder communication, and governance mechanisms to ensure transparent and reliable financial reporting. Using panel data from 12 Nigerian deposit money banks over the period 2018 to 2023, the study employed the Fixed Effect Method for estimation alongside Hausman tests, residual cointegration tests, and cross- section dependence tests to analyze the relationships between variables. The findings indicate that firm size and leverage negatively affect financial reporting quality, while profitability, board independence, audit committee effectiveness, and ownership positively influence reporting quality. Hypothesis testing revealed that firm size and leverage significantly impact reporting quality, whereas profitability, board independence, and audit committee effectiveness demonstrate strong positive relationships with high- quality disclosures. These results align with previous empirical studies and reinforce the importance of governance mechanisms and firm characteristics in promoting credible financial reporting. The study recommends strengthening internal governance structures, optimizing board and committee composition, and enhancing managerial accountability to improve financial reporting quality in Nigerian banks. Keywords: financial reporting quality, firm-specific attributes, board independence, audit committee effectiveness, leverage, firm size, profitability, Nigerian banks, Fixed Effect Method

This study examines the factors influencing environmental disclosure among oil and gas companies in Nigeria. It adopts an ex-post facto research design with a longitudinal approach, utilizing panel data spanning eleven (11) financial years (2014–2024) from oil companies listed on the Nigerian Exchange (NGX). The variables investigated include leverage, firm size, profitability, audit firm type, financial constraint, and firm age. The findings reveal that leverage, profitability, firm size, audit firm type, firm age, and financial constraint all have no significant effect on the level of environmental accounting disclosure by oil and gas companies in Nigeria. Based on these results, the study recommends that future research should consider a broader sample of companies and incorporate additional variables beyond those used in the current model, to provide a more comprehensive understanding of the determinants of environmental disclosure in the Nigerian oil and gas sector.