MODERATING ROLE OF ACCOUNTING CONSERVATISM ON BOARD ATTRIBUTES AND GOING CONCERN OF LISTED OIL AND GAS COMPANIES IN NIGERIA

Abstract

The study examines the moderating role of accounting conservatism on the relationship between board attributes and going concern of listed oil and gas firms in Nigeria. The study adopts ex-post factor and census research design. The population of the study covers ten (10) oil and gas companies listed in the Nigerian Exchange Group as at 31^st December, 2022. The study utilised the data extracted from annual report and account of fifteen years from 2008-2022. The study revealed that accounting conservatism to have positive significant moderating role on the nexus between board expertise and going concern of listed oil and gas in Nigeria. The findings also revealed a positive but insignificant moderating effect of accounting conservatism on the nexus between board gender diversity and going concern. The study concludes that board attributes (board expertise, board remuneration and board independence) good and strong in determination of going concern in listed oil and gas firms in Nigeria. Based on the findings, it is recommended that oil and gas firms in Nigeria should ensure prudent and strict compliance with the accounting conservatism principle so as to have a successful, hitch-free perpetual existence (going concern) for the listed oil and gas companies in Nigeria.