Alice Anese Shiyanbola, Folajimi Festus Adegbie, Rafiu Oyesola Salawu


Studies have revealed that over the years, organisations with supposedly good financial standing are seen to have problems as a result of their financial practices. The study investigated a combined effect of corporate governance components on financial reporting quality of quoted financial and non-financial firms in Nigeria. The study adopted ex-post facto research design. Purposive sampling technique was used to chose 30 quoted financial and 30 quoted non-financial firms in Nigeria of 161 listed companies on the Nigerian Stock Exchange for the period 2003-2017. The multiple regressions was employed to test the inferential statistics. Findings revealed that corporate governance (CG) has joint significant effect on financial reporting quality (FRQ) of quoted financial and non-financial firms in Nigeria (Adj. R2 = 0.41, F(6, 444) = 13.20, p < 0.05), (Adj. R2 = 0.49, F(6, 444) = 15.51, p < 0.05) respectively. The study concluded that corporate governance has significance effect on financial reporting quality of quoted financial and non-financial firms in Nigeria. The study recommended that management should ensure they comply with code of corporate governance to give credibility to the financial report. 


Accrual quality, Corporate governance, Financial firms, Non-financial firms, Nigeria.

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