Environmental accounting disclosures and financial performance of listed multi-national firms Department:Accountancy By: SIRJOSEPH Project ID: 7807 Rating: (5.0) votes: 1 Price:₦4000 Get the Complete MaterialAbstractThis study investigated environmental accounting disclosure and financial performance of listed multinational companies in Nigeria. The study was conducted by first assessing the level of compliance and then exploring the effect of environmental disclosure on financial performance with a focus on multinational companies in the face of continued environmental abuse witnessed in the Nigerian business space owing to the non-availability of sustainability reporting legal framework. The study adopted an ex-post factor research design. The study population consisted of 40 listed multinational firms in the consumer goods, industrial goods and oil sectors in the Nigeria Stock Exchange Group as at 31st December, 2022. The study used secondary data obtained from the published annual reports of the companies from 2012 to 2022. Data collected (Environmental disclosure index, return on asset, earnings per share), were analyzed using descriptive statistics and panel regression analysis. Sequel to the analyses the study found that in assessing the level of compliance, out of the three sectors assessed, oil and gas firms were the least compliant. Also, further findings reveal that environmental accounting disclosure had a significant and positive effect on earnings per share (EPS) but a negative and insignificant effect on return on asset (ROA). Based on the findings, the study, therefore, concluded that the extent of responsiveness of companies to environmental accounting disclosure influences how the company is valued. In line with the conclusion drawn above, the study, therefore, recommended that multinational companies and other Nigerian firms should make an effort to disclose their environmental-related activities even though it is not required by law, as it has shown evidence of its influence on earnings on shares of companies. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )