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Environmental Accounting Disclosures and Financial Performance of Listed Industrial Firms in Nigeria |
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| รหัสดีโอไอ | |
| Creator | Oluwatimileyin Esther Adenle |
| Title | Environmental Accounting Disclosures and Financial Performance of Listed Industrial Firms in Nigeria |
| Contributor | Jacob Ojewale Ige, Johnson Kolawole Olowookere |
| Publisher | University of the Thai Chamber of Commerce |
| Publication Year | 2569 |
| Journal Title | Journal of Family Business and Management Studies |
| Journal Vol. | 18 |
| Journal No. | 1 |
| Page no. | 15-30 |
| Keyword | Environmental Disclosure, Energy Policy, Waste Management Policy, Return on Assets, Employee Health and Safety |
| URL Website | www.fbmsjournal.com |
| Website title | fbmsjournal |
| ISSN | 2821-9643(online) |
| Abstract | This study investigated the effects of environmental accounting disclosure on the financial performance of quoted Industrial goods firms in Nigeria. Energy Policy (EPY), Employee, health and safety disclosures (EHS), Environmental Pollution and Control Policy (EPCP), Waste Management Policy (WMC), Compliance with environmental law and regulations (CLR) were used to proxy environmental disclosures. The study utilizedex-post facto research design and secondary data from 2012 to 2022. Data were sourced from selected Annual Report and Accounts of sampled 11 quoted industrial goods firms out of the 13 total industrial goods firms listed on the Nigeria Exchange Group. The study utilized Descriptive Statistics and panel regression estimation tools. The results discovered that EPY, EHS, WTP and CLR significantly and positively impacts the ROA of Nigerian industrial firms. The study therefore concludes that environmental accounting disclosure had a noteworthy effect on return on the financial performance of Nigerian industrial goods firms. The study recommended industrial goods firms should provide detailed reports on environmental impact, WTP, EPY, EHS, CLR in other to build investor trust. They should also ensure they make effort towards reducing carbon footprints and promote eco-friendly products. Industrial firms should ensure they continually seek and disclose environmental strategies that reduce costs and improve profitability. |
