Impact of Compliance with Sustainable Development Related Accounting Standards on Financial Position and Market Value of Nigerian Quoted Companies
| dc.contributor.author | KASUM, Abubakar Sadiq | |
| dc.contributor.author | ALIU, Atanda Olanrewaju | |
| dc.contributor.author | SALAM, Mudathir Olanrewaju | |
| dc.date.accessioned | 2021-05-27T12:37:56Z | |
| dc.date.available | 2021-05-27T12:37:56Z | |
| dc.date.issued | 2011-12 | |
| dc.description.abstract | The study is a follow-up to the presentation at the 16th AISDRC in Hong Kong, which among other critiques suggested that other performance indicators, besides profitability, are studied in relation to sustainability. The study and still is against the background that sustainable development practices may involve financial outflows and hence, may be an unattractive investment to managers. this present study evaluated the impact of corporate compliance to accounting standards that are deemed to enforce sustainable development practices and can, therefore, imply sustainable development practices by companies, on financial position and market value of quoted companies in Nigeria. Forty-four companies that have existed since financial reporting standardization began in Nigeria were studied over five years, using Regression statistical technique. The coefficient of determination (R2) results showed that sustainable development practices of companies relates in a very insignificant extent with better asset worth and improved market value | en_US |
| dc.identifier.uri | https://uilspace.unilorin.edu.ng/handle/20.500.12484/5502 | |
| dc.language.iso | en | en_US |
| dc.publisher | Faculty of Management and Social Sciences, Ibrahim Badamosi Babangida University Lapai, Niger State | en_US |
| dc.subject | Sustainable Development | en_US |
| dc.subject | Financial Position | en_US |
| dc.subject | Market Value | en_US |
| dc.subject | Standardization | en_US |
| dc.title | Impact of Compliance with Sustainable Development Related Accounting Standards on Financial Position and Market Value of Nigerian Quoted Companies | en_US |
| dc.type | Article | en_US |