Title: Rate Governance and Firm Disclosure In Nigerian Firms
Authors: Nelson Oke Egware, Augustine A. Okwoma, Nelson Iguemedere Ofomaja, Samuel Ejiro Uwhejevwe-Togbolo
Volume: 10
Issue: 4
Pages: 60-72
Publication Date: 2026/04/28
Abstract:
The study seeks to investigate corporate governance and firms' disclosure in Nigerian Firms. The study noted that corporate governance is the system of rules, practices, and processes through which firms are directed and controlled and firm disclosure is the provision of financial and non-financial information to the stakeholders. The theories used in this study are the agency theory, stakeholders' theory, signaling theory and legitimacy theory. The research design employed in this study is the quantitative research design. This study population includes all the non-financial and financial firms listed on the Nigerian Exchange Group (NGX), while the population of the study period was 2016-2025 which consists of firms of various industries, including the banking sector, manufacturing sector, oil and gas sector, telecommunications sector, and consumer goods sector. The sample is30 firms within a period of 10 years which is based on the availability of data and the area of the research. The study result revealed that that all the corporate governance variables have positive and significant impact firm disclosure. This implies that corporate governance mechanisms positively influence firm disclosure among the listed firms in Nigeria at a significant level. The study concluded that corporate governance is very important in promoting disclosure in the Nigerian firm. It was recommended that audit committees must be empowered by making sure that they have the relevant financial expertise and independence.