Effect Of Integrated Reporting On Financial Performance Of Quoted Finance Companies In Nigeria

Abstract

This study investigates the effect of integrated reporting on the financial performance of quoted finance companies in Nigeria from 2014 to 2020. The study used a sample size of 28 finance companies quoted on the floor of the Nigerian Stock Exchange, now called exchange group, by way of the purposive sampling method. The researcher used an ex-post facto research design. The dependent variable was measured by earnings per share. The independent variable was measured by integrated reporting. The study employed a secondary source of data obtained from the finance firms' annual reports and the Nigerian exchange group website. The results from the multiple regression analysis proved that integrated reporting has a positive relationship with the financial performance of quoted finance companies in Nigeria. Based on the findings and the study's conclusion, the study recommends that The Financial Reporting Council of Nigeria (FRCN), the country's standard-setter, make integrated reporting mandatory, as it is in South Africa.