Sustainability Disclosure and Sustainable Business Growth in Developing Countries: Evidence from Nigeria Using Panel Corrected Standard Errors, Feasible Generalized Least Squares and Quantile Regression Techniques
| dc.contributor.author | Mubaraq Sanni | |
| dc.contributor.author | Mustapha Abdulrasaq | |
| dc.contributor.author | Abdulkadri Toyin Alabi | |
| dc.date.accessioned | 2026-05-24T19:05:36Z | |
| dc.date.available | 2026-05-24T19:05:36Z | |
| dc.date.issued | 2026-01 | |
| dc.description.abstract | The introduction of sustainability practices into sustainable business growth model remains a pressing concern, despite the emergence of sustainability disclosure being a critical tool for communicating firm’s commitment to sustainable practices. More so, sustainability disclosures vary significantly across developing economies like Nigeria where economic challenges and regulatory frameworks often lag behind global standards. This study therefore examined the impact of sustainability disclosure on sustainable business growth among listed companies in Nigeria. The study covers 94 sampled listed companies on the Nigerian Exchange Group (NGX) spanning across all sectors.The study relies on secondary data drawn from the audited annual reports and sustainability reports of the sampled companies between 2016 to 2022. Using robust regression techniques, including Panel-Corrected Standard Errors (PCSE), Feasible Generalized Least Squares (FGLS), and Simultaneous Quantile Regression (QR), the findings revealed that sustainability disclosures significantly enhance sustainable business growth. Environmental, social, and economic disclosures contribute positively to sustainable business growth, with the strongest impact observed among firms at higher levels of sustainable growth. The study concluded that sustainability disclosures, and its individual pillars significantly enhance sustainable business growth. Regulatory authorities are advised to encourage comprehensive sustainability disclosures for companies in order to maximize the benefits of sustainability practices. | |
| dc.identifier.issn | ISSN 2738-2028 (Online) | |
| dc.identifier.uri | https://kwasuspace.kwasu.edu.ng/handle/123456789/7317 | |
| dc.language.iso | en | |
| dc.publisher | Journal of Business and Technology | |
| dc.relation.ispartofseries | Vol. 10 | No. 1 | | |
| dc.title | Sustainability Disclosure and Sustainable Business Growth in Developing Countries: Evidence from Nigeria Using Panel Corrected Standard Errors, Feasible Generalized Least Squares and Quantile Regression Techniques | |
| dc.type | Article |