SUSTAINABILITY INTEGRATION IN CORPORATE GOVERNANCE IN NIGERIA: IMPACTS ON PERFORMANCE

Abstract

This research explores the impact of sustainability integration within corporate governance on firm Performance in Nigeria, focusing on financial outcomes such as Return on Assets (ROA), Tobin's Q, and EBITDA. Data were collected from publicly traded Nigerian companies, and the study utilizes regression analysis to examine the relationship between sustainability practices, governance structures, and financial Performance. The findings suggest that firms with robust sustainability strategies and effective governance frameworks tend to perform better financially. Additionally, the study highlights the negative impact of financial constraints on firm Performance, particularly in firms with higher debt ratios. The research also reveals that the integration of sustainability does not significantly affect earnings quality, contradicting prior studies that suggest a positive relationship between sustainability and earnings transparency. This study contributes to the growing literature on sustainability in emerging markets, emphasizing the importance of corporate governance, financial flexibility, and sustainable practices in achieving long-term corporate success