Environmental Accounting Information and the Performance of Quoted Companies in Nigeria.
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Date
2015
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Published by Department of Accounting, University of Ilorin.
Abstract
This study provides an insight on companies’ attitude to its environment. The objective of this study is to investigate relationship between the disclosure of environmental information and performance of quoted companies in Nigeria. The data were collected from Audited Annual Financial Report and Accounts of thirty-six randomly selected quoted companies in Nigeria. The data were analyzed using simple regression analysis. The findings of the result show that there is significant negative relationship between environmental accounting and Return on Capital Employed (ROCE) and Asset Turnover; and a significant positive relationship between environmental accounting and Net Profit Margin and Earnings per Share (EPS). Based on these findings, it was recommended that corporate organizations whose operations have impact on their environment should develop Operating Plan and Standard which focuses on their impact on the environment.
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Keywords
Environmental Accounting, Performance, Environmental Cost, Environment Liabilities, Environment
Citation
4. Abogun, S., Fagbemi, T.O. & Fadipe, T.G. (2015): Environmental Accounting Information and the Performance of Quoted Companies in Nigeria. Ilorin Journal of Accounting. 2(1); 1-18, Published by Department of Accounting, University of Ilorin