THE IMPACT OF MANAGERIAL OWNERSHIP ON OCCUPATIONAL EMPLOYEE HEALTH AND SAFETY DISCLOSURE OF LISTED OIL AND GAS SECTOR

ABSTRACT The study examines the effect of Managerial Ownership on Occupational Employee Health and Safety Disclosure on Oil and Gas Sector in Nigeria, South Africa and Ghana. The study used correlational research design. The source of data was secondary data which were collected from annual reports and accounts of studied Oil and Gas Sector. The sample size was sixteen (16) Oil and Gas Sector in Nigeria Ghana and South Africa. The secondary data collected were analyzed using multiple regression analysis which is carried out using STATA software. Findings from the analysis shows that Managerial ownership has no effect on occupational employee health and safety Disclosure, Board size has a positive significant effect on Occupational Employee Health and Safety Disclosure, Board Independence has a positive insignificant effect on Occupational Employee Health and Safety Disclosure and Board Diligence has a positive significant effect on Occupational Employee Health and Safety Disclosure in Nigeria, South Africa and Ghana. The study recommended that the sector should implement health and safety performance metrics by developing specific health and safety performance metrics that are reported regularly to the board. These metrics should cover areas such as accident rates, near-miss incidents, training programs, and safety culture assessments. Monitoring these metrics can enable the board to evaluate the effectiveness of health and safety initiatives and take necessary actions to improve disclosure.