Browsing by Author "Uthman, Fatimah Zahra"

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    SUSTAINABILITY, HUMAN CAPITAL ACCOUNTING DIMENSIONS, AND CORPORATE FINANCIAL PERFORMANCE IN NIGERIA
    (Faculty of Management and Social Sciences, 2025) Olumoh, Yusuf Alabi; Uthman, Fatimah Zahra; Abdulsalam, Saka Tunde
    There is often skepticism among investors and stakeholders regarding the authenticity of sustainability disclosures which may undermines the credibility of sustainability accounting and erode stakeholder trust in companies’ sustainability reports. Meanwhile, many organizations are resistant to adopting human capital accounting due to a traditional focus on financial metrics over non-financial ones, and this mindset creates a barrier to implementing effective human capital reporting, even when it is beneficial in the long run. Given this, this study examines the impact of sustainability and human capital accounting on the corporate financial performance of publicly listed companies in Nigeria. The study adopted an ex-post facto research design and the study analyzed panel data from manufacturing firms listed on the Nigerian Exchange Group, focusing on a sample of 38 firms over the period from 2015 to 2023 using judgmental sampling technique. Data were collected from the audited financial reports of the selected firms. Findings from fixed effects and random effects panel regression models indicate that both sustainability and human capital accounting significantly enhance corporate financial performance. Specifically, the Sustainability accounting positively influences return on assets (ROA) with coefficient of 0.015 (p < 0.01) for fixed effects and 0.013 (p < 0.01) for random effects, as well as return on equity (ROE) with coefficient of 0.019 (p < 0.01) and 0.018 (p < 0.01). Additionally, human capital accounting shows a positive relationship with ROA (0.028, p < 0.01) and ROE (0.034, p < 0.01. The study concluded that integrating these practices into corporate strategies is essential for enhancing profitability and long-term value creation.