INFLUENCE OF BOARD MEMBERS’ NATIONALITY AND ETHNICITY ON SUSTAINABILITY REPORTING OF LISTED DEPOSIT MONEYBANKS IN NIGERIA.

Abstract

This study examines the effect of board nationality and ethnicity on the sustainability reporting of listed deposit money banks in Nigeria between 2013 and 2020. Secondary data was collected from annual reports and accounts of listed deposit money banks through the Nigeria Exchange Group (NGX). The panel least squares regression analysis results showed that the ethnicity of board members has a detrimental impact on the sustainability reporting of listed deposit money banks in Nigeria. Also, the study revealed no proof of a connection between the nationality of board members and the sustainability reporting of listed deposit money banks in Nigeria. The study concluded that board members’ ethnicity will enhance the level of sustainability reporting of listed deposit money banks in Nigeria.