Browsing by Author "Iliya Nyahas, Samson"

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    Isomorphic influences and voluntary disclosure: The mediating role of organizational culture
    (Cogent Business & Management, 2017) Iliya Nyahas, Samson; Munene, John C.; Orobia, Laura; Kigongo Kaawaase, Twaha
    Purpose: The purpose of this paper is to test the mediating effect of organizational culture in the relationship between isomorphic influences and voluntary disclosure. Design/methodology/approach: A cross-sectional design was employed. Data were collected using a survey questionnaire for the independent variables of coercive, mimetic normative isomorphism as well as organizational culture (mediating variable). The data for the dependent and control variable were obtained from content analysis of financial reports of 92 companies and was analysed using partial least squares PLSSEM. Findings: The results indicate that coercive and normative isomorphic mechanisms are positively related voluntary disclosure while mimetic mechanism is not. Organizational culture partially mediates the relationship between isomorphic influences and voluntary disclosure practices of listed firms in Nigeria. Research Limitation/implication: The cross-sectional nature of the study means that it does not capture changes in the Nigerian business environment overtime. Future research may consider a longitudinal study. The study is not industry specific as such may capture industry differences. However, the result is still considered valid since industry category was controlled for. Practical implication: the result has implication for a number of interested parties such as regulatory
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    Stakeholders influence on voluntary disclosure practices by listed companies in Nigeria: an investigation of managers’ perception
    (International Journal of Law and Management, 2017) Iliya Nyahas, Samson; Ntayi, Joseph; Kamukama, Nixon; Munene, John
    This study investigates stakeholders influence on voluntary disclosure. Specifically, the study seeks to determine managers’ perception of which stakeholder groups matter in their voluntary disclosure decisions. This is particularly essential in the context of developing countries like Nigeria with weak observance of the code of corporate governance leading to lack of transparency in corporate disclosure (World Bank, 2011). Transparency through corporate disclosure is regarded as one of the essential pillars of corporate governance principles (Qu & Leung, 2006; OECD, 2003). Therefore, in a bid to improve transparency in corporate governance, companies are seen to be providing information in such areas as strategic forecast, the company’s relationship with key stakeholders, environmental and ethical issues which are considered voluntary from capital market perspective (Schuster & O’Connel, 2006). Even though they are voluntary nature, these information are critical for understanding sustainability of current earnings, proper functioning of capital markets and encourage better flow of Foreign Direct Investments (FDIs) into a country (Qu, Leung & Cooper, 2013; Qu & Leung, 2006). In the Nigerian context, disclosure practice of publicly listed companies in the country has been adjudged be weak and inadequate overtime (Damagum & Chima, 2013; World Bank, 2011; 2004).