Influence of board member’s education level and industrial experience on sustainability reporting of listed deposit money banks in Nigeria.

Abstract

The aim of this study is to investigate the relationship between board members’ education level and industrial experience on sustainability reporting of listed deposit money banks in Nigeria from the period of 2013-2020. Secondary data was collected from annual reports and account of listed deposit money banks from the Nigeria Stock Exchange website. Results from the panel least squares regression revealed that board members’ industrial experience positively influences sustainability reporting of listed deposit money banks in Nigeria. Whereas, the study found no evidence on the relationship between board members’ education level and sustainability reporting. The study concludes that board members’ industrial experience improves the extent of sustainability reporting of listed deposit money banks in Nigeria and thus recommends that shareholders and management of deposit money banks in Nigeria should consider board members’ industrial experience when constituting the board.