Open AccessSustainability Accounting and Competitive Advantage of Quoted Companies in Nigeria
Author(s) -
Ishola Rufus Akintoye,
Oluwasikemi Janet Taiwo,
Babatunde Ayodeji Owolabi
Publication year - 2020
Publication title -
international journal of accounting and financial reporting
Language(s) - English
Resource type - Journals
ISSN - 2162-3082
DOI - 10.5296/ijafr.v10i2.17062
Subject(s) - sustainability , nonprobability sampling , accounting , competitive advantage , sustainability reporting , business , population , marketing , sociology , biology , ecology , demography
This study examined the effect of sustainability accounting on competitive advantage of quoted companies in Nigeria. The study adopted ex-post facto research design with 167 listed firms as the population. 28 quoted firms were chosen with the use of purposive sampling. Data from 2009 to 2018 were obtained from secondary sources. Content analysis was employed as a tool to analyze the disclosures in sustainability reports. Models were estimated using the Hausman test. The findings of the study shows that sustainability accounting measures have a significant joint effect on change in turnover and market share with Prob. (F-stat) of 0.03533<0.05 and 0.0000<0.05 respectively. Therefore, concludes that sustainability accounting has a significant effect on competitive advantage since practicing and accounting for sustainability will create reputational benefit for the companies.