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Impact of corporate environmental disclosure on corporate financial performance of an organization

 Department:Accountancy  
 By:usericon Eniolamoses  

 Project ID: 8786
 Rating:  (5.0) votes: 1
   Price:₦5000
Abstract
Environmental disclosure has become an essential tool for companies to communicate their environmental performance to stakeholders. The purpose of this study is to examine the impact of corporate environmental disclosure on corporate financial performance. The study uses a sample of companies listed on the stock exchange and operating in different industries and employs regression analysis to investigate the relationship between environmental disclosure and financial performance. The results show that there is a positive relationship between environmental disclosure and corporate financial performance. Companies that disclose more environmental information have better financial performance than those that disclose less. This finding suggests that companies that are more transparent about their environmental performance are viewed more favorably by investors, which in turn may lead to higher financial returns. The study also finds that industry type and company size moderate the relationship between environmental disclosure and financial performance. Specifically, the positive relationship is stronger for companies in environmentally sensitive industries and for larger companies. Overall, this study provides evidence that environmental disclosure can have a positive impact on corporate financial performance and that companies can benefit from being transparent about their environmental performance. The findings have implications for both companies and stakeholders, including investors, regulators, and advocacy groups, who can use environmental disclosure as a tool to promote corporate sustainability and accountability....
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