An Analysis of the determinants of voluntary structural capital disclosure by public listed Nigerian companies
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Date
2015
Journal Title
Journal ISSN
Volume Title
Publisher
Department of Accounting, university of ilorin
Abstract
This paper examines the determinants of voluntary structural capital disclosure of public listed Nigerian companies. Annual reports of year 2011 of 50 selected companies listed in the Nigerian Stock Exchange were used. Negative Binomial Regression was used to analyse the coefficient associated with variables measuring the managerial ownership. Negative binomial regression shows that coefficients associated with variables measuring the managerial ownership are significant. However, the multivariate analysis reveals that the performance of a company, listing status, interest in the pressure of stakeholders, the industry and competitive pressure are not explanatory factors of voluntary SCD. The result further reveals that most companies disclosed their structural capital in form of narrative than quantitative. In view of these findings, the study recommends that Nigerian companies should strive to disclose valuable items that will be useful for users of accounting information in making rational decision in quantitative form.
Description
Keywords
Structural capital, capital disclosure, voluntary disclosure
Citation
Salman, R. T., Yahaya, K. A., & Sanni M. (2015): An Analysis of the Determinants of Voluntary Structural Capital Disclosure by Public Listed Nigerian Companies. Ilorin Journal of Accounting, 2(2), 12-22. Published by Accounting Department, University of Ilorin.