FIRM ATTRIBUTES AND VOLUNTARY ACCOUNTING DISCLOSURE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA.

ABSTRACT This study examined effect of firm attributes on voluntary accounting disclosure of listed Deposit Money Banks (DMBs) in Nigeria. Explanatory research design was used. Secondary data were gathered from annual report and accounts of the banks for a period of five years, from 2019-2024. The data were analyzed using multiple regression analysis. Results from the study revealed that profitability, liquidity, and firm size have positive and significant effect on voluntary accounting disclosure of listed DMBs in Nigeria. The results also showed that leverage has negative and significant effect on voluntary accounting disclosure of listed DMBs in Nigeria. On the contrary, firm age has negative and insignificant effect on voluntary accounting disclosure of listed DMBs in Nigeria. The study thus recommended that the management of listed DMBs in Nigeria should improve on the voluntary accounting disclosure in their annual reports. This will enhance the confidence of their investors and satisfying their customers, thereby improving the profitability of the banks. Furthermore, management of listed DMBs in Nigeria should maintained minimum liquid to reduce extra cost attached to holding unnecessary liquid assets. Similarly, it is recommended that management of listed DMBs should not maintain high proportion of debt, but should ensure that firms assets are judiciously utilized and replace as and when due.