HUMAN CAPITAL DIVERSITY AND FAITHFUL REPRESENTATION OF ACCOUNTING INFORMATION OF QUOTED MANUFACTURING COMPANIES IN NIGERIA – International Journal of Social Sciences and Management Review

HUMAN CAPITAL DIVERSITY AND FAITHFUL REPRESENTATION OF ACCOUNTING INFORMATION OF QUOTED MANUFACTURING COMPANIES IN NIGERIA

Authors: Akinlade, Olayinka Odunayo, Kuye, Jamiu. A & Olugbade Julius Ade

ABSTRACT

Studies of the economic consequences of accounting information comparability mainly focus on the level of the individual firm prevalent in the quoted manufacturing companies in nigeria which incidentally affect various human capital diversities. on the other hand, most financial reports do not indicate comparability that will improve the performance of the entity and components of human capital diversity the study investigated the effect of human capital diversity on the comparability of accounting information of quoted manufacturing companies in nigeria.

The study employed a survey research design. the population of the study was two thousand nine hundred and seventy employees of quoted manufacturing companies on the nigerian stock exchange (nse). stratified and purposive sampling techniques were used and a total of six hundred and seventy (670) were distributed out of which 600 copies were properly filled and returned representing an 89.55% success rate. the cronbach alpha reliability coefficient ranged between 0.710 and 0.972. the data were analyzed using descriptive and inferential (multiple regression) l statistics. the study found that human capital diversity has a significant effect on the faithful representation of accounting information adjusted r2 = 0.370; (f4, 449) = 56.6, p < 0.05). the study concluded that human capital diversity has a significant effect on the faithful representation of accounting information of quoted manufacturing companies in nigeria. the study recommended that the policymaker should encourage and create a conducive atmosphere for human assets to showcase their political influence, religious influence, social influence, and intellectual influence for organizations to attain high-quality reporting through comparability of financial reports.

Keywords: accounting information, comparability, human capital diversity, manufacturing companies, and non-financial information.

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