CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA
This study investigates the connection between the CEO characteristics and the quality of financial reporting in Nigerian consumer goods companies. Data used was from the annual report of 10 consumer goods firms listed in the Nigeria Stock Exchange from 2013 to 2022. Using Ordinary least square reg...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2024-04-01
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| Series: | Gusau Journal of Accounting and Finance |
| Subjects: | |
| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/278 |
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| _version_ | 1823857081726271488 |
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| author | Nkiru Philomena Okika Oyeneye Temitope Esther Adedeji Daniel Gbadebo |
| author_facet | Nkiru Philomena Okika Oyeneye Temitope Esther Adedeji Daniel Gbadebo |
| author_sort | Nkiru Philomena Okika |
| collection | DOAJ |
| description |
This study investigates the connection between the CEO characteristics and the quality of financial reporting in Nigerian consumer goods companies. Data used was from the annual report of 10 consumer goods firms listed in the Nigeria Stock Exchange from 2013 to 2022. Using Ordinary least square regression, the research revealed that CEO gender and tenure have a positive and substantial effect on financial reporting quality. CEO financial expertise was found to be insignificant. The study concluded that long-tenure CEOs and female CEOs contribute to better financial reporting quality in the consumer goods industry. The study recommends among others that the board of directors of consumer goods firms in Nigeria should encourage gender diversity at the executive level through policies and initiatives that promote equal opportunities for women.
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| format | Article |
| id | doaj-art-af732eadf8c143fd991d14136323ad9e |
| institution | Kabale University |
| issn | 2756-665X 2756-6897 |
| language | English |
| publishDate | 2024-04-01 |
| publisher | Department of Accounting and Finance, Federal University Gusau |
| record_format | Article |
| series | Gusau Journal of Accounting and Finance |
| spelling | doaj-art-af732eadf8c143fd991d14136323ad9e2025-02-12T01:06:52ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972024-04-015110.57233/gujaf.v5i1.04CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIANkiru Philomena Okika 0Oyeneye Temitope Esther1Adedeji Daniel Gbadebo2Anchor University, Ayobo Ipaja LagosAnchor University, Ayobo Ipaja LagosWalter Sisulu University, Mthatha, South Africa This study investigates the connection between the CEO characteristics and the quality of financial reporting in Nigerian consumer goods companies. Data used was from the annual report of 10 consumer goods firms listed in the Nigeria Stock Exchange from 2013 to 2022. Using Ordinary least square regression, the research revealed that CEO gender and tenure have a positive and substantial effect on financial reporting quality. CEO financial expertise was found to be insignificant. The study concluded that long-tenure CEOs and female CEOs contribute to better financial reporting quality in the consumer goods industry. The study recommends among others that the board of directors of consumer goods firms in Nigeria should encourage gender diversity at the executive level through policies and initiatives that promote equal opportunities for women. https://journals.gujaf.com.ng/index.php/gujaf/article/view/278Financial Reporting QualityCEO CharacteristicsCEO tenureCEO Gender |
| spellingShingle | Nkiru Philomena Okika Oyeneye Temitope Esther Adedeji Daniel Gbadebo CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA Gusau Journal of Accounting and Finance Financial Reporting Quality CEO Characteristics CEO tenure CEO Gender |
| title | CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA |
| title_full | CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA |
| title_fullStr | CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA |
| title_full_unstemmed | CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA |
| title_short | CEO CHARACTERISTICS AND FINANCIAL REPORTING QUALITY IN LISTED CONSUMER GOODS COMPANIES IN NIGERIA |
| title_sort | ceo characteristics and financial reporting quality in listed consumer goods companies in nigeria |
| topic | Financial Reporting Quality CEO Characteristics CEO tenure CEO Gender |
| url | https://journals.gujaf.com.ng/index.php/gujaf/article/view/278 |
| work_keys_str_mv | AT nkiruphilomenaokika ceocharacteristicsandfinancialreportingqualityinlistedconsumergoodscompaniesinnigeria AT oyeneyetemitopeesther ceocharacteristicsandfinancialreportingqualityinlistedconsumergoodscompaniesinnigeria AT adedejidanielgbadebo ceocharacteristicsandfinancialreportingqualityinlistedconsumergoodscompaniesinnigeria |