Green Disclosure and Employment Growth: Evidence From Nigerian Manufacturing Firms

Abstract

This study investigates the impact of green disclosure practices on total employment growth among 39 listed manufacturing companies in Nigeria from 2010 to 2019. Using multiple regression analysis, we examined the effects of environmental financial information, environmental non-financial information, and environmental performance information on employment growth. Results indicate that environmental financial information (β = 0.053, p < 0.05) and environmental non-financial information (β = 0.113, p < 0.05) have positive and significant effects on total employment growth, while environmental performance information shows a negative but insignificant effect. These findings contribute to the understanding of green disclosure impacts in developing economies and suggest that Nigerian manufacturing firms should prioritize environmental financial and non-financial disclosures to enhance employment growth. The study provides insights for policymakers and business leaders on leveraging green practices for economic development. Contribution/Originality: To the best knowledge of the authors, this is the first research to establish a connection between the green disclosure practices of listed manufacturing companies in Nigeria and the total employment growth. In addition, the findings showed the interaction between green disclosure practices factors and total employment growth in listed manufacturing businesses in Nigeria are novel and significant.