Manuscript Number : SHISRRJ22583

A Stakeholder Engagement Model for Strengthening Transparency in Corporate Financial Performance Reporting

Authors(3) :-Wasiu Eyinade, Onyinye Jacqueline Ezeilo, Ibidapo Abiodun Ogundeji

This paper presents a comprehensive stakeholder engagement model aimed at enhancing transparency in corporate financial performance reporting. Recognizing the increasing demand for clear, reliable, and accessible financial disclosures, the study integrates stakeholder theory with transparency principles to address gaps in current reporting practices. The proposed model systematically identifies key stakeholders, employs tailored engagement mechanisms, and incorporates stakeholder feedback into the corporate reporting cycle. By embedding engagement within financial reporting processes, the model fosters two-way communication, inclusiveness, and responsiveness, which collectively strengthen the credibility and accountability of financial disclosures. The paper further discusses the practical and policy implications of adopting such a model, emphasizing its potential to improve corporate governance and stakeholder trust. Finally, it highlights directions for future research to empirically validate the model and explore technological innovations in stakeholder engagement. This work contributes to advancing transparent corporate reporting and sustainable stakeholder relationships in an increasingly complex business environment.

Authors and Affiliations

Wasiu Eyinade
APM Terminals, Apapa Lagos Nigeria (A member of Maersk Group)
Onyinye Jacqueline Ezeilo
Independent Researcher, Abuja, Nigeria
Ibidapo Abiodun Ogundeji
Trustfund Pensions Limited, Abuja, Nigeria

Stakeholder Engagement, Financial Transparency, Corporate Reporting, Accountability, Stakeholder Theory, Corporate Governance

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Publication Details

Published in : Volume 5 | Issue 6 | November-December 2022
Date of Publication : 2022-12-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 236-251
Manuscript Number : SHISRRJ22583
Publisher : Shauryam Research Institute

ISSN : 2581-6306

Cite This Article :

Wasiu Eyinade, Onyinye Jacqueline Ezeilo, Ibidapo Abiodun Ogundeji, "A Stakeholder Engagement Model for Strengthening Transparency in Corporate Financial Performance Reporting", Shodhshauryam, International Scientific Refereed Research Journal (SHISRRJ), ISSN : 2581-6306, Volume 5, Issue 6, pp.236-251, November-December.2022
URL : https://shisrrj.com/SHISRRJ22583

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