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Drawing on signaling and proprietary cost theories, this paper explores the drivers of voluntary human capital information disclosure. Using content analysis of the five year (From 2012 to 2016) annual reports of 12 Deposit Money Banks(DMBs)in Nigeria, a data set was collected. The data set collected was analyzed by means of Panel Corrected Standard Error (PCSE) model estimation method. The results of the analysis indicate that whereas corporate size and human capital performance have significant positive effects on the extent of human capital information disclosure, corporate profitability has insignificant positive effect on it. The study results provide an insight that would serve as a robust empirical basis for policy makers and regulators to develop human capital reporting guidelines for corporates.
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In-Text Citation: (Onuoha & Okoye, 2022)
To Cite this Article: Onuoha, N. E., & Okoye, G. O. (2022). Determinants of Voluntary Human Capital Information Disclosure: Evidence from Deposit Money Banks in Nigeria. International Journal of Academic Research in Accounting Finance and Management Sciences, 12(1), 144–154.
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