Effect of Implementation and Adoption of Integrated Reporting on Listed Manufacturing Companies in Nigeria

This study investigated the effect of implementation and adoption of integrated reporting on listed manufacturing companies in Nigeria. The study adopted both survey and descriptive research designs. Purposive sampling method was used to choose respondents at random from Flour Mills Plc and Dufil Prima Foods Limited to make up Four hundred and fifty-five (455) sample size used for this study based on the Taro Yamane formula. descriptive and inferential statistical techniques was employed using SPSS version 23.0, The study employed multiple regression analysis, an inferential statistical technique, to assess its theories. Findings revealed that Integrated reporting has a significant impact on the market value of listed manufacturing companies in Nigeria (Adj R2= 0.109, F(1,359)= 11.896, p= 0.000), the key determinants of successful implementation and adoption of integrated reporting have a significant impact on the listed manufacturing companies in Nigeria (Adj R2= 0.175, F(1,359)= 76.247, p= 0.000), Implementation of integrated reporting practices enhances the financial performance and value of listed manufacturing companies in Nigeria (Adj R2= 0.061, F(1,359)= 23,158, p= 0.000). The study concluded that integrated reporting significantly impacts the market value of these companies. The study therefore recommended that companies should invest in product development, technological capabilities, and price competitiveness to gain benefits from integrated reporting practices. In addition, companies should adopt integrated reporting practices, recognize their significant positive impact on market value and financial performance.