THE EFFECT OF INTEGRATED REPORTING ON THE FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS LISTED ON THE NIGERIAN EXCHANGE (NGX)

Abstract: This study examines the effect of iBtegrated reporting on the financial performance of Deposit Money Banks listed on the Nigerian Exchange (NGX), specifically focusing on Earnings Per Share (EPS) as a measure of financial performance. The integrated reporting framework, based on the International Integrated Reporting Council (IIRC) guidelines, includes disclosures on Organizational Overview (OV), Governance (GOV), Business Model (BM), Risks and Opportunities (RO), Strategy and Resource Allocation (SRA) and Performance (PERF). Using regression analysis, the study tests six(6)hypotheses, one for each disclosure component. Results indicate that none of the integrated reporting components have a significant positive effect on EPS, suggesting limited impact on financial performance within the Nigerian context. This finding may reflect a misalignment between investor priorities and integrated reporting disclosures in an emerging market where financial metrics may outweigh non-financial disclosures. The study highlights the potential for investor education and tailored reporting practices to enhance the perceived value of integrated reporting. The limitations of the study include its focus on industrial goods firms and reliance on EPS as the sole performance measure. Further research is recommended to explore alternative performance metrics, sector-specific effects, and the impact of integrated reporting on non-financial outcomes in emerging markets.