Regulatory Compliance and Integrated Reporting Quality among Nigerian Manufacturing Firms
Keywords:
Compliance, Governance, Integrated Reporting, Reporting Quality, TransparencyAbstract
The study examined the effect of regulatory compliance on integrated reporting quality among Nigerian manufacturing firms listed on the NSE between 2019 and 2025. Secondary data from 80 firms’ annual and integrated reports were analyzed using descriptive statistics, correlation, and regression analysis. Results showed that regulatory compliance had high adherence to FRCN standards (mean = 42), timely report submission (mean = 4.05), and statutory audit compliance (mean = 48). Integrated reporting quality was moderate to high with strong financial disclosure (mean = 40), non-financial disclosure (mean = 4.02), connectivity of information (mean = 3.85), strategic focus (mean = 3.92), and stakeholder inclusiveness (mean = 3.78). Correlation analysis revealed a strong positive relationship between regulatory compliance and reporting quality (r = 0.682, p < 0.01). Regression analysis confirmed a significant positive effect of regulatory compliance on reporting quality (B = 0.576, t = 6.776, p < 0.01). Hypothesis testing rejected all null hypotheses, confirming that audit compliance, governance disclosure, timely filing, and stakeholder engagement significantly influence integrated reporting quality. The findings highlight the importance of regulatory adherence, governance, and technological adoption in enhancing transparency and credibility of reports in Nigerian manufacturing firms. The study recommends that manufacturing firms should strengthen internal controls and governance mechanisms to ensure full regulatory compliance and enhance reporting quality.
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