Abstract
Segment reporting is the process of disclosing details about a company’s core clients, overseas operations and export sales, and operations across several industries. A company that reports in segments gives stakeholders access to more information and enhances the Calibre of decisions they make. Analysts and other financial statement users feel that segment information is crucial for evaluating and forecasting the performance of the company. This study aims to shed light on the specific power sectors’ segment reporting procedures. Starting in 2018 and ending in 2022, the current study spans five years. Secondary data collection methods were employed by the researcher. Websites, periodicals, journals, magazines, and annual reports are the sources of the secondary data. The study employed panel regression and average as statistical methods. The STATA software program has been utilized to conduct statistical analysis. The study’s goal is to examine the power industries segment report in relation to the business segment. The study’s hypothesis is that segment revenues and segment results for the power industries do not significantly differ from one another. Additionally, the Hausman test revealed that the Random Effect Model fits this data the best, thus it should be chosen for the study.
Keywords: Business Segments, Segment Reporting, Segment Result, Segment Revenue