Institutional Shareholding and Nonfinancial disclosures of Listed Manufacturing Companies in Nigeria

The study presents empirical evidence on Institutional Shareholding and Corporate nonfinancial disclosures of listed Manufacturing companies in Nigeria using annual financial report data for the period 2012-2023. In order to determine the relationship between institutional shareholders and non-financial disclosures. The researcher used the ex-post facto research design. The target population comprised companies in the Industrial and consumer Sector listed on the Nigerian Exchange Group. The study made use of secondary data extracted from annual reports of studied companies. The data were tested using skewness and kurtosis statistic and analyzed using unit root test, co-integration test, vector error correction model and Panel Least Square Regression analysis via E-Views to compute data from line and bottom-line items in financial statements. Content analysis was used to measure Effluent disclosures. Institutional Shareholding has a significantly impact on effluent disclosure of listed manufacturing companies in Nigeria.