Earnings Quality Disclosure and Value Relevance of Accounting Information in Nigerian Listed Firms
This study evaluated the effect of earnings quality disclosure on value relevance of listed firms in Nigeria by adopting ex-post facto research design on secondary data. Data were obtained over 13-years period spanning from 2012 to 2024 on the financial and non-financial firm listed on the Nigerian Exchange group as at 31st December, 2024. The population of the study comprised 151 listed firms on the Nigerian Exchange Group (NGX) with a sample size of 120 leading to 1560 observations. Quantitative analysis was employed to empirically investigate the effect of accounting information disclosure on value relevance. The criterion sampling technique was adopted based on certain criteria. Using descriptive statistics and panel data analysis, the findings revealed that accrual quality disclosure has positive but insignificant effect on Fair Value of Common Equity (FVCE) (Ohlson model), operating cashflow has positive but insignificant effect on the FVCE and earnings persistence disclosure has negative significant effect on FVCE. On the conclusion, the findings underscore the importance of full disclosure of earnings quality and financial metric with fair value of common equity. The regulators should impose stringent adherence to accounting standards to lessen earnings manipulation and boost financial reporting credibility. Keywords: Accrual Quality, Operational Cashflow, Earnings Persistence, Earnings Quality, Disclosure, Fair Value of Equity and Value Relevance JEL Classification: M41
Keywords: Accrual Quality, Operational Cashflow, Earnings Persistence, Earnings Quality, Disclosure Fair Value of Equity and Value Relevance
Citation: Fagbomedo, B.I., Awodiran, M.A. & Jabar, A.A. (2026). Earnings Quality Disclosure and Value Relevance of Accounting Information in Nigerian Listed Firms. International Journal of Innovative Research in Accounting and Sustainability, 11(2), 176-194.