Data for: FIRM ATTRIBUTES AND SUSTAINABILITY DISCLOSURE OF CONSUMER GOODS COMPANIES IN NIGERIA

This study examined the moderating effect of profitability on the relationship between firm attributes and sustainability disclosure among listed consumer goods companies in Nigeria. The study employed hierarchical multiple regression to evaluate the contribution of firm characteristics—specifically tangibility and corporate size—to sustainability disclosure, and how profitability influences this relationship. The first regression model revealed a negative but insignificant relationship between firm attributes and sustainability disclosure, indicating that larger and more asset-intensive firms do not necessarily engage more in sustainability practices. However, upon introducing profitability as a moderating variable, the interaction term yielded a significant positive effect (β = 0.7328946), suggesting that profitability significantly enhances the relationship between firm attributes and sustainability disclosure. The computed effect size (f² = 1.79532) further indicated a “very large” moderating influence, according to Sawilowsky’s (2009) classification. This finding implies that profitability acts as a critical enabling factor that drives corporate engagement in sustainability initiatives. The study concludes that firms with higher profitability are more likely to disclose sustainability-related information. The study recommends that regulators, corporate boards, and stakeholders integrate profitability-driven incentives and standardized sustainability reporting frameworks to strengthen corporate transparency and accountability within Nigeria’s consumer goods sector.
Keywords: Firm attributes, sustainability disclosure, consumer goods companies.

本研究以尼日利亚上市消费品公司为研究样本，考察了盈利能力对企业特质（firm attributes）与可持续性披露（sustainability disclosure）之间关系的调节效应。本研究采用层级多元回归分析法，评估企业特征——具体为资产有形性（tangibility）与企业规模——对可持续性披露的贡献，以及盈利能力如何影响该关联。首个回归模型结果显示，企业特质与可持续性披露间呈负向但不显著的相关关系，这意味着规模更大、资产密集度更高的企业未必会更积极地开展可持续实践活动。然而，在引入盈利能力作为调节变量后，交互项呈现出显著的正向影响（β=0.7328946），表明盈利能力可显著强化企业特质与可持续性披露之间的关系。依据萨维洛夫斯基（Sawilowsky, 2009）的分类标准，计算得到的效应量（f²=1.79532）进一步证实其调节效应属于"极强"级别。该研究发现表明，盈利能力是推动企业参与可持续发展举措的关键赋能因子。本研究得出结论：盈利能力更强的企业更倾向于披露与可持续性相关的信息。研究建议监管机构、公司董事会及利益相关者构建以盈利能力为导向的激励机制，并建立标准化的可持续性报告框架，以提升尼日利亚消费品行业的企业透明度与问责水平。
关键词：企业特质、可持续性披露、消费品公司。