JOURNAL OF ACCOUNTING, FINANCE & MANAGEMENT DISCOVERY WUKARI

This study investigates the effect of sustainability reporting on the financial performance of listed consumer goods companies in Nigeria. Specifically, the study examined the influence of environmental, economic, and social responsibility reporting on financial performance, measured by Return on Assets (ROA). At the same time, firm size was included as a control variable. The study adopted an ex post facto research design and utilized secondary data obtained from the annual reports of selected consumer goods companies. The population comprised 20 listed consumer goods companies in Nigeria, from which 10 companies were selected through judgmental sampling. Data relating to sustainability disclosures were collected through content analysis based on the Global Reporting Initiative (GRI) framework. The study employed panel regression analysis to evaluate the relationship between sustainability reporting and financial performance. The findings revealed that environmental reporting, economic reporting, and social reporting had no significant effect on the Return on Assets of the sampled companies. The results indicate that sustainability reporting practices alone may not be sufficient to influence the financial performance of consumer goods companies in Nigeria. Consequently, the study concluded that environmental, economic, and social disclosures do not necessarily translate into improved profitability among listed consumer goods companies. Based on these findings, the study recommended that companies should incorporate sustainability performance indicators into executive compensation schemes to encourage management commitment to sustainable business practices. The study also recommended that companies should actively engage stakeholders such as investors, customers, and nongovernmental organizations in the sustainability reporting process to enhance the relevance, credibility, and usefulness of disclosed information. The findings imply that although sustainability reporting promotes transparency and accountability, other organizational and market factors may play a more significant role in determining financial performance

This study examines the relationship between strategic management practices and the financial performance of listed conglomerate firms in Nigeria. The research was guided by three objectives, each accompanied by corresponding research questions and hypotheses. Employing a descriptive survey design alongside an ex-post facto approach, data from 2015 to 2024 were analyzed to assess how strategic management practices influence financial performance. Independent variables included the percentage of total budget allocated to strategic projects, the frequency of performance review meetings, and the cost of resources devoted to strategic initiatives. Return on Assets served as the dependent variable, while Firm Size and Return on Equity were incorporated as control variables. The results indicate that strategic management practices significantly impact financial performance, though the effects vary depending on implementation context. Specifically, short-term increases in strategic resource expenditure and firm size positively affect Return on Assets, whereas sustained high budget allocations, frequent performance reviews, and elevated project costs are associated with lower asset-based financial performance. Based on these findings, it is recommended that firms ensure budget allocations to strategic projects are supported by effective execution plans and monitoring systems. Additionally, focused, goal-oriented review processes that deliver actionable insights without overburdening management are advised.

Tax administration systems across the globe are undergoing fundamental structural transformation driven by digital innovation and policy reform. This paper examines how technology-driven reforms in tax administration improve taxpayer compliance, with particular focus on African and comparable developing-economy contexts. Drawing on conceptual frameworks rooted in the Technology Acceptance Model and the Slippery Slope Framework, alongside empirical evidence from Nigeria, Kenya, Ghana, Rwanda, and selected global cases, the study is guided by two objectives: to assess the role of technology-driven reforms in improving voluntary tax compliance among individual and corporate taxpayers; and to evaluate the institutional and infrastructural factors that moderate the effectiveness of such reforms. Findings indicate that e-filing platforms, mobile payment systems, electronic invoicing mandates, and data analytics tools produce measurable compliance gains when deployed within supportive institutional environments. However, gains are moderated by digital infrastructure quality, taxpayer literacy, and the depth of trust between revenue authorities and taxpayers. The paper concludes with evidence-based policy recommendations for developing economies pursuing fiscal modernization.

This study investigates the impact of monetary policy tools on domestic price dynamics in Nigeria from 1990 to 2022. Data for the study were obtained from the Central Bank of Nigeria data source and the World Bank’s World Development Indicators 2022.Monetray policy rate, broad money supply, cash reserve ratio, Treasury bill rate, and liquidity ratio are adopted to proxy monetary policy tools while commodity price index is employed to capture domestic price dynamics. The adopted the Augmented Dickey Fuller approach and Auto-Regressive Distributive lag test to ensure the stationary status of the variables and analyse the data. Result from the bounds test showed that monetary policy tools exert a long term influence on domestic price dynamics. Further findings that monetary policy rate has a positive and significant relationship with commodity price index in the previous and second year pear period while broad money supply exert a negative but significant relationship with commodity price index in the previous and second year period of the short-run. However, Treasury bill rate exhibits a negative but significant effect on commodity price index in the long term as well as the most current year of the long-run. Similarly, liquidity ratio is negative with commodity price index but in the long term while cash reserve ratio is positive but insignificantly related with commodity price index. Hence, it is concluded that monetary policy tools had significant impact on commodity price in Nigeria. Thus, the need for suggesting amongst others that the central bank of Nigeria should consider maintaining the current policy rate or implementing gradual increase. This approach will continue to signal a contentment to price stability.

This work looks into the impact of climate change, carbon dioxide and rainfall on agricultural output/ performance in Nigeria using a time series data regression framework. Given the escalating vulnerability of Nigeria’s agriculture to climate linked shocks in understanding the link between carbon dioxide, rainfall and agricultural output which are important for economic growth and policy formulation. This study uses annual data from 1990 to 2024 that is sourced from the World Bank Development Indicators as well as the Nigerian Meteorological Agency. The Nigerian agricultural output is the dependent variable while the independent variables for this study include climate change (which is proxied by average annual temperature (TEM), carbon dioxide emissions (C02) and rainfall); the control variable used in this study is the government agricultural expenditure (GOE). After the regression analysis, it was revealed that rainfall causes a noteworthy though nonlinear influence on agricultural output, implying that insufficient and heavy rainfall affects productivity adversely. Whereas, temperature was found to have a negative but statistically significance when compared with the dependent variable, showing that continuous increase in temperature because of climate change effect causing agricultural output to reduce. Carbon emissions as another independent variable exhibits a negative link with agricultural output, re-emphasizing the negative effects of climate change. The study finalizes by revealing that climate change poses a major threat to agricultural sustainability; It is thus recommended that policymakers make adequate policy for investment in climate-resilient practices in agricultural (like investment in adequate irrigation system, seed varieties, and technological weather forecasting tool).