Corporate Social Responsibility Disclosure and Earnings Management of Listed Consumer Goods Firms in Nigeria
The study examined the effect of corporate social responsibility disclosures on real earnings management of listed consumer goods companies in Nigeria. A sample of 14 out of the 21 listed consumer goods companies were purposively selected. The secondary panel data obtained from the annual reports of the selected firms for 11 years (2012-2022) were analyzed using panel data random effect technique. The results showed a significant negative effect of corporate social responsibility disclosures on real earning management of listed consumer goods companies in Nigeria. Furthermore, firm size showed a negative but insignificant effect on real earning management, while firm age showed a positive and significant effect on real earning management. This implies that managers of listed consumer goods firms report more corporate social responsibility disclosure and engage less in earnings management. The study recommended that regulators in the capital market should promote and encourage a more transparent disclosure of corporate social responsibility information by aged consumer goods companies in Nigeria.
Keywords: Corporate social responsibility, corporate social responsibility disclosure, discretional accruals, real earnings management, consumer goods companies, firm age.
Citation: Ololade, B.M., Danjuma, A., & Olayinka, O.O. (2025). Corporate Social Responsibility Disclosure and Earnings Management of Listed Consumer Goods Firms in Nigeria. International Journal of Innovative Research in Accounting and Sustainability, 10(1), 151-163.