ISSN: 2222-6990
Open access
Environmental accounting is one of current issues under Corporate Social Responsibility (CSR) in Nigeria that focuses on cost implications for management of emission, greenhouse gasses and pollution created in the cause of achieving organizational objectives. It is essential to consider cost and benefits analysis. The objective of this study is to establish effects of corporate performance on environmental accounting disclosure and examine kind of significant relationship that subsists between environmental accounting and corporate performance of firms in Nigeria.
The data for the study were collected from annual reports and accounts of 18 randomly selected quoted firms in the Nigerian stock exchange. The data were analyzed with the panel regression analysis method.
The key findings of the study show that there are statistically significant positive relationships between Environmental Accounting (EA) and Return on Asset (ROA); and Net profit Margin (NPM) as well as a statistically significant negative relationship between Environmental Accounting (EA) and Earnings per Share (EPS).
Based on this the study is recommended that government should give tax credit to organizations that comply with its environmental laws and that environmental reporting should be made compulsory in Nigeria in order for other stake-holders to be properly informed and have sense of being in the right place.
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In-Text Citation: (Fasua, and Osifo, 2020)
To Cite this Article: Fasua, H. K., and Osifo, O. I. U.(2020). Environmental Accounting and Corporate Performance. International Journal of Academic Research in Business and Social Sciences. 10(9), 142-154.
Copyright: © 2020 The Author(s)
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