FIRM ATTRIBUTES

The relationship between firm attributes and sustainability reporting has become a critical area of study as organizations increasingly face pressure to demonstrate their commitment to environmental, social, and governance (ESG) principles. This research explores how various firm attributes, including size, industry type, financial performance, corporate governance structure, and stakeholder orientation, influence the extent and quality of sustainability reporting. The study examines how larger firms with greater resources are more likely to engage in comprehensive sustainability reporting, while also considering the role of regulatory frameworks and external pressures from consumers, investors, and advocacy groups. Additionally, it investigates how the transparency and credibility of sustainability reports are shaped by internal governance mechanisms and organizational culture. By understanding the interplay between these attributes, the study provides insights into how firms can leverage sustainability reporting not only as a tool for accountability but also as a strategic asset for long-term value creation and competitive advantage.

This study investigates the effect of firm attributes on environmental disclosure. The
study is motivated by the increasing concern about the environment and the role
corporate organizations play in ensuring sustainable development, the study employs a sample of 720 firm years over a period of 10 years, 2013- 2022, the study employs using a pooled regression to determine the firm attributes that influence environmental disclosures. The study finds that firm attributes are significant in explaining the degree of environmental disclosure. The study finds that firm size and profitability are significant determinants of environmental disclosure. The study recommends that regulatory authorities should be vigilant in curtailing the focus on profit at the expense of the environment and also recommends that stiff penalties be imposed to dissuade firms from mindless pursuit of profit.