Impact of Financial Reporting on the Financial Performance of Agricultural Firms at the Nairobi Securities Exchange

Abstract

The study examined the impact of accounting information on the financial performance of agricultural firms listed on the Nairobi Securities Exchange (NSE). A descriptive study design was used, with primary data collected through questionnaires. Quantitative analysis was conducted using SPSS V24 for both descriptive and inferential statistics. The results showed a significant correlation between financial reporting disclosures and the financial performance of agricultural firms listed on the NSE. The study concluded that efficient and timely financial reporting disclosures significantly influence the financial performance of agricultural firms listed on the NSE. The recommendation is for agricultural firms to prioritize efficient and timely disclosure of information to their stakeholders to improve their financial performance. Keywords: Financial Reporting, Financial Performance, Accounting Information, Agricultural Firms and Nairobi Securities Exchange (NSE)