SUSTAINABILITY REPORTING PRACTICES AND STAKEHOLDERS' EXPECTATION GAP IN LISTED DEPOSIT MONEY BANKS IN NIGERIA

Abstract

This research evaluated the association between sustainability reporting and stakeholders' expectation gap (disclosure and wealth maximization) in financial institutions in Nigeria. Using content analysis, the study discovered that financial institutions provide adequate disclosures as well as meet wealth maximization expectations in terms of their disclosed profitability level in line with stakeholders’ expectations in Nigeria. The study recommended that since investors are more interested in the returns they get on investments they make, managers should make decisions that increase the earnings of a company, which includes a high level of disclosure of corporate information.