期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2014
卷号：5
期号：8
页码：86-95
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The purpose of this study was to investigate the effect of risk disclosure in the published financial statement on the performance of listed companies in Nigeria. Specifically the study investigated on the effects of operational risk disclosure, financial risks disclosure and strategic risks disclosure on the performance of listed companies in Nigeria. This study adopted a descriptive design which is described as a method of collecting information by interviewing or administering a questionnaire to a sample of individuals. The instrument of data collection for this research was a questionnaire as the study used primary data. The study targeted all the 258 listed companies in Nigeria. The sample of this study was 258 risk managers as the researcher issued one questionnaire per company. Descriptive statistics such as mode, median, mean, standard deviation, etc were used to perform data analysis. These measures were calculated using Statistical Package for the Social Sciences (SPPS 20) software. SPSS tool (Statistical Package for the Social Sciences) was used to organize and analyze data. The study findings indicated that there was increase in performance of listed firms due to risk disclosure in the financial statement. The results indicate that the variables; operational risk disclosure, financial risks disclosure and strategic risks disclosure were satisfactory in explaining performance of listed companies. This conclusion is supported by the R square of 0.655. This means that the combined effect of the predictor variables (operational risk disclosure, financial risks disclosure and strategic risks disclosure) explains 65.5% of the variations in performance of listed companies in Nigeria. The results reveal that operational risk disclosure, financial risks disclosure and strategic risks disclosure are statistically significant in explaining performance of listed companies. Key Words : Risk Disclosure, Performance, Financial Statement, Accounting Information, Operational Risk, Financial Risk, Strategic Risk
