Corporate Attributes and Environmental Disclosure of Listed Breweries in Nigeria

Abstract

This study examined the effect of corporate attributes on environmental disclosure of listed breweries in Nigeria from 2012 to 2021. The independent variable of the study was corporate attributes and was proxied by profitability, leverage and firm size while the dependent variable of the study was environmental disclosure. Secondary data were used, three hypotheses were formulated and the research design employed in this study was ex post facto research design. To test the hypotheses of the study, the researcher adopted the pooled logistic regression technique and the statistical package employed was STATA 16. The results from the analysis revealed that firm size has a significant effect on environmental disclosures of breweries in Nigeria while profitability and leverage have no significant effect on environmental disclosures of listed breweries in Nigeria during the period under study. Thus, it was concluded that only the size of the firm can significantly determine the likelihood of listed breweries to disclose more of their environmental engagements. It was recommended among others that the management of the Nigerian brewery should expand the total assets base of the companies so that they can be confident of disclosing more environmental information in their financial reports.