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Corporate Ethics and Timeliness of Financial Reporting Quality of Quoted Manufacturing Companies in Nigeria

Open Access
Journal Type:Research Article
Subject Field:Accounting, Finance and Risk Management
Downloads:939
Publish Date:June 19, 2022 8:00 pm
Views:914
Volume:103, Issue: 1, June, 2022
Subject:Business Studies
Pages:190-205

Abstract

The statutory pressure on organisations to present financial information timelessly may impair the quality of the financial reporting if the reporting environment is not framed with sound corporate ethical stance. This paper investigated the effect of corporate ethics on timeliness of financial reporting of quoted manufacturing companies in Nigeria. A survey research design with the sample size of 290 respondents drawn from a population of 780 from 44 quoted manufacturing companies was adopted. The paper adopted descriptive statistics and structural equation model to analyse the data obtained. The study discovered and concluded that there is a significant effect of corporate ethics on timeliness of financial report of quoted manufacturing firms in Nigeria. Therefore, the study recommended that all relevant professional accounting bodies in Nigeria should strictly monitor their members' actions to guarantee ethical standards in the compilation of excellent financial reports.

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