International Journal of Management Studies and Social Science Research 143 www.ijmsssr.org Copyright © 2022 IJMSSSR All rights reserved CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE AND FINANCIAL PERFORMANCEOF LISTED MANUFACTURING FIRMS IN NIGERIA: A HOLISTIC APPROACH OKERE, Wisdom; UDEKA, Philip; RUFAI Oluwatobi Department of Economics, Accounting and Finance, Bells University of Technology Sango-Ota, Ogun State. IJMSSSR 2022 VOLUME 4 ISSUE 2 MARCH - APRIL ISSN: 2582 - 0265 Abstract: The study examined the relationship between Environmental accounting information disclosureand Financial Performance of Listed Manufacturing Firms in Nigeria. The study uses secondary data extracted from the annual reports of the listed manufacturing companies for the period of 2009-2018. The study used a holistic checklist which was prepared by determining certain CSR activities which include Donations, Employee Benefits, Staff Training Costs and Research and Development Costs. Panel ordinary least square regression was used to estimate the model in order to achieve the research objective. The study found that environmental accounting information disclosurehas a negative impact on financial performance of manufacturing firms in Nigeria. In line with the findings of the study, it is recommended that CSR practice should continue to be done by entities as voluntary for profit driven manufacturing firms so it would not have a negative impact on their financial performance. Keywords: Environmental Accounting, Corporate Social Responsibility, Performance, Profitability, Environment Cost. 1.0 Introduction Corporate social responsibility disclosure is an essential concept that is progressively being deliberated and adopted internationally. Scholars and experts have been striving to set up a definite idea of corporate social responsibility for more than 30 years and what should be disclosed in line with expectations of stakeholders. Early research by scholars deliberated on whether CSR should be in existence or not (Shimshack & Kitzmueller, 2010). Following the poor performance of the manufacturing sector in 2016, analysts and researchers are looking beyond the poor statistics to map out the way forward for this sector this is caused by series of challenges such as scarcity of foreign exchange, high interest rate and poor governance strategies by the management of manufacturing firms. Consequently, this has led to the shutdown of about 272 firms reduced capacity utilization, reduced production and cut down in workers remuneration (CBN Statistics, 2017). The economic recession experienced in 2016 as well as other inherent factors affecting the Nigerian economy has greatly limited the financial performance of the manufacturing firms. This creates a need to examine factors that influences the financial performance of manufacturing forms in Nigeria. Mcguire and Schneeweis (1988) set that firms invest in reputation through their active involvement in CSR. Numerous corporations such as banks and manufacturing firms in Nigeria are driven by the need to make profit and that is the sole point of each business. Ponnu and Okoth (2009) provided evidence which proved that firms engaging in CSR seek to improve their corporate image or status which can enable them improve their profits and revenue. Carroll and Shabana (2011) posited that CSR should be adopted so as, to obtain a reputable capital and maintain legitimacy and a good name within the society. Manufacturing firms in Nigeria are relied upon to deal with the effects of their operations on by adopting corporate social responsibility. Regardless of the immense consideration as of late given to environmental accounting information disclosure in Nigeria, an area of concern still remains firms in the manufacturing sector. Researchers were not able to determine why most manufacturing firms still do not fully adopt the corporate social responsibility strategy. Also, there has