Stakeholders now demand more than just financial performance for rational decisions because of growing environmental challenges, societal inequalities as well as governance concerns, hence the need for corporate sustainability disclosure (CSD). This will help strengthen transparency and make organisation behave responsibly. Studies have shown that some factors are responsible for improved reporting on non- financial matters. On this premise, this study is aimed at assessing the effect of institutional factors on CSD. The information is obtained from secondary source, sampling out companies in the health care sector of Nigeria for period of 10 years. The information obtained were analysed using both descriptive (mean, standard deviation, minimum and maximum) and inferential statistics (correlation and regression analysis) respectively. Descriptive statistics result showed a moderate level of sustainability disclosure among health companies. The finding revealed a strong positive correlation between institutional factors pressure on CSD upto +91%. Furthermore, the outcome also revealed a significant positive effect of institutional factors on CSD in healthcare sector of Nigeria with p-value of 0.000 less than significant value of 0.005. The study concludes that institutional factor pressure significantly and positively influence CSD even in Nigeria. Therefore, it recommends strengthening and enforcing of institutional regulatory activities related to sustainability such as compliance monitoring and penalties for non- compliance.
| Published in | Journal of Finance and Accounting (Volume 14, Issue 1) |
| DOI | 10.11648/j.jfa.20261401.13 |
| Page(s) | 45-52 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2026. Published by Science Publishing Group |
Institutional Factors, Sustainability Guideline, Presence of Sustainability Committee, Membership, Healthcare Sector
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APA Style
Baba, Y. A., Waziri, B. Z., Idriss, A. A. (2026). Effect of Institutional Factors on Corporate Sustainability Disclosure of Healthcare Companies in Nigeria. Journal of Finance and Accounting, 14(1), 45-52. https://doi.org/10.11648/j.jfa.20261401.13
ACS Style
Baba, Y. A.; Waziri, B. Z.; Idriss, A. A. Effect of Institutional Factors on Corporate Sustainability Disclosure of Healthcare Companies in Nigeria. J. Finance Account. 2026, 14(1), 45-52. doi: 10.11648/j.jfa.20261401.13
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Download@article{10.11648/j.jfa.20261401.13,
author = {Yagana Alhaji Baba and Bukar Zannah Waziri and Amina Ahmed Idriss},
title = {Effect of Institutional Factors on Corporate Sustainability Disclosure of Healthcare Companies in Nigeria},
journal = {Journal of Finance and Accounting},
volume = {14},
number = {1},
pages = {45-52},
doi = {10.11648/j.jfa.20261401.13},
url = {https://doi.org/10.11648/j.jfa.20261401.13},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20261401.13},
abstract = {Stakeholders now demand more than just financial performance for rational decisions because of growing environmental challenges, societal inequalities as well as governance concerns, hence the need for corporate sustainability disclosure (CSD). This will help strengthen transparency and make organisation behave responsibly. Studies have shown that some factors are responsible for improved reporting on non- financial matters. On this premise, this study is aimed at assessing the effect of institutional factors on CSD. The information is obtained from secondary source, sampling out companies in the health care sector of Nigeria for period of 10 years. The information obtained were analysed using both descriptive (mean, standard deviation, minimum and maximum) and inferential statistics (correlation and regression analysis) respectively. Descriptive statistics result showed a moderate level of sustainability disclosure among health companies. The finding revealed a strong positive correlation between institutional factors pressure on CSD upto +91%. Furthermore, the outcome also revealed a significant positive effect of institutional factors on CSD in healthcare sector of Nigeria with p-value of 0.000 less than significant value of 0.005. The study concludes that institutional factor pressure significantly and positively influence CSD even in Nigeria. Therefore, it recommends strengthening and enforcing of institutional regulatory activities related to sustainability such as compliance monitoring and penalties for non- compliance.},
year = {2026}
}
TY - JOUR T1 - Effect of Institutional Factors on Corporate Sustainability Disclosure of Healthcare Companies in Nigeria AU - Yagana Alhaji Baba AU - Bukar Zannah Waziri AU - Amina Ahmed Idriss Y1 - 2026/01/31 PY - 2026 N1 - https://doi.org/10.11648/j.jfa.20261401.13 DO - 10.11648/j.jfa.20261401.13 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 45 EP - 52 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20261401.13 AB - Stakeholders now demand more than just financial performance for rational decisions because of growing environmental challenges, societal inequalities as well as governance concerns, hence the need for corporate sustainability disclosure (CSD). This will help strengthen transparency and make organisation behave responsibly. Studies have shown that some factors are responsible for improved reporting on non- financial matters. On this premise, this study is aimed at assessing the effect of institutional factors on CSD. The information is obtained from secondary source, sampling out companies in the health care sector of Nigeria for period of 10 years. The information obtained were analysed using both descriptive (mean, standard deviation, minimum and maximum) and inferential statistics (correlation and regression analysis) respectively. Descriptive statistics result showed a moderate level of sustainability disclosure among health companies. The finding revealed a strong positive correlation between institutional factors pressure on CSD upto +91%. Furthermore, the outcome also revealed a significant positive effect of institutional factors on CSD in healthcare sector of Nigeria with p-value of 0.000 less than significant value of 0.005. The study concludes that institutional factor pressure significantly and positively influence CSD even in Nigeria. Therefore, it recommends strengthening and enforcing of institutional regulatory activities related to sustainability such as compliance monitoring and penalties for non- compliance. VL - 14 IS - 1 ER -
Department of Accounting, University of Maiduguri, Maiduguri, Nigeria
Department of Accounting, University of Maiduguri, Maiduguri, Nigeria
Department of Accounting, University of Maiduguri, Maiduguri, Nigeria
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