Abstract
This study investigates the impact of environmental disclosure quality on the informed decision of users of corporate reports based on the assumptions of the decision usefulness theory. The survey design was adopted in this study using a questionnaire that was administered to preparers and users of corporate reports. A combination of t-test and regression was used to test the hypotheses of the study. The findings confirm the low level of voluntary environmental disclosure mechanisms practiced in Nigeria. Finally, preparers are aware of the information need of users. In conclusion, the study shows that much priority is not given to environmental reports. It is recommended from this study that firms should ensure that the level of their EDQ is continuously improved to aid user decisions and secure a positive impression of stakeholders about the firms. Government and standard setters should gear efforts towards standardization of environmental disclosures of firms in Nigeria through legislation and issuance of standards to improve the quality of disclosures.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.