Joseph C. Akparah, Alice Shiyanbola (PhD), Temitope A. Anisulowo, Christian T. Sanni


This study examined the influence of board gender diversity on financial reporting quality in Nigeria over 12 years between 2010 and 2021. Random effect pooled ordinary least square (OLS) was used to achieve the objective of the study; and the result established that there exists a relationship between gender diversity on financial reporting quality in Nigeria. Hence, the result shows a negative and insignificant influence of gender diversity on financial reporting quality using discretionary accruals. Though it was expected that the result for of gender diversity on financial reporting quality be positive and significant but it was otherwise; this could be as a result numerous problems facing the financial reporting ranging from out-dated technology, unusual data, lack of comparative data and diversification.


Influence, Board Gender Diversity, Financial Reporting Quality, Nigeria.

Full Text:



Adeyemi, S. B., Okpala, O., &Dabor, E. L. (2012). Factors affecting audit quality in Nigeria. International Journal of Business and Social Sciences, 3(20), 198-209.

Blau, P. M. (1977). Inequality and heterogeneity. New York, NY: Free Press.

Chen, J., Ding, R., Hou, W., & Johan, S. (2016). Do financial analysts perform a monitoring role in China? Evidence from modified audit opinions. Abacus, 52(3), 473-500.

Cumming, D., Leung T. Y., &Rui, O. (2015).Gender diversity and securities fraud.Acad. Manag. J., 58(5), 1572–1593.

Dechow, P. M., &Dichev, I. D. (2002). The quality of accruals and earnings: The role of accrual estimation errors. The accounting review, 77(s-1), 35-59.

Dike, O. (2021). Nigeria: Women hold less than 25% corporate board positions in Nigeria-Report. Retrieved from

Firoozi, M., Magnan, M., & Fortin, S. (2016).Board Diversity and Financial Reporting Quality.Retrieved from

Huang, J., &Kisgen, D. J. (2015). Gender and corporate finance: are male executives’ overconfident relative to female executives. J. Financ. Econ. 108(3), 822–839.

Kemebradikemor, E, (2019). Board Characteristics and Financial Reporting Quality. Journal of Accounting and Financial Management ISSN, 5(1).

Khlif, H., &Achek, I. (2017). Gender in accounting research: a review. Managerial Auditing Journal.

Kirsch, A. (2018). The gender composition of corporate boards: a review and research agenda. Leadersh.Quart. 29, 346–364.

Makhlouf, M. H., Al-Sufy, F. J., &Almubaideen, H. (2018). Board diversity and accounting conservatism: Evidence from Jordan. International Business Research, 11(7), 130-141.

Marta, C. P. G., Cecília, M. S. G., &Gerson, B. G. (2017).Corporate social responsibility and its relation with performance and earnings management.Belo Horizonte, 28(1), 25-44.

Martínez-Ferrero, J., Garcia-Sanchez, I. M., &Cuadrado-Ballesteros, B. (2015).“Effect of Quality financial reporting on Sustainability Information Disclosure.”Corporate Social Responsibility and Environmental Management 22(1), 45-64.

Martin Ugedo, J. F., &Minguez Vera, A. (2014). Firm performance and women on the board: Evidence for Spanish Small and Medium-Sized Enterprises. Fem. Econ. 20(3), 136-162

Martín-Ugedo, J. F., Mínguez-Vera, A., & Rossi, F. (2019). Female directors and firm performance in Italian and Spanish listed firms: does masculinity matter?. Academia RevistaLatinoamericana de Administración.

Mubarak, A. B. (2018). The impact of corporate governance on the financial reporting quality in the Nigerian chemical and paint industry.Research Journal of Finance and Accounting, 9(7), 42-59.

Muhammad, U. K., Ayoib, C. A., & Noor, A. (2016). Female directors and quality financial reporting: Further Evidence from Nigeria. Australian Journal of Basic and Applied Sciences, 10(9), 140-147.

Nazar, M. C. A. (2018). The relationship between board characteristics and firm performance of Sri Lankan listed companies. Business and Management Journal, 343-350.

Nguyen, H., Ntim, C. G., &Malagila, J. (2020). Women on corporate boards and financial and non-financial performance: a systematic literature review and future research agenda. Int. Rev. Financ. Anal., 71, 101-554.

Ogbaisi, S. A., Areo, A. B., &Omotayo, V. A. (2019). Board attributes and financial reporting quality in Nigerian companies: An Empirical Evidence. Malaysian E Commerce Journal (MECJ), 3(2), 01-05 DOI:

Okoye, P. V., Amahalu, N. N., & Obi, J. C. (2018). Effect of board diversity on financial performance of quoted natural resources firms in Nigeria. SSRN Electronic Journal, 97-114.

Onatuyeh, A. E., &Proso, T. (2019). Board gender diversity and quality financial reporting: Empirical Evidence from Nigeria. Global Journal for Research Analysis, 8(4), 120-126.

Park, D. (2015). A few good women: On top management team. Journal of Business Research, 58(12), 1712-1720.

Terjesen, S., & Sealy, R. (2016). Board gender quotas: exploring ethical tensions from a multi-theoretical perspective. Bus. Ethics Q, 18(2), 153–190.

Wang, L. (2015). Board gender diversity and accounting conservatism: Evidence from Finland. Master’s Thesis, Department of Accounting, University of Oulu.


  • There are currently no refbacks.

Copyright (c) 2023 Joseph C. Akparah, Alice Shiyanbola (PhD), Temitope A. Anisulowo, Christian T. Sanni










ISSN (PRINT):    2682 - 6135

ISSN (ONLINE): 2682 - 6127





Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.