Abstract
Over the years, firms have often neglected the stewardship accounting relating to cost incurred in
environmental development activities. This research tried to research on the implication of such
cost. Thus, this work dwelt on examining the effect qfenvironinental accounting on the profitability
of firms in Nigeria. Guinness Nigeria plc was adopted as the case study for this work. An ex-posi
facto research design was adopted in this work as the financial statement of Nigeria breweries for
5years (2011-2015) was analyzed. The methodology adopted a case study and cx post jcio data.
It was discovered that Guinness Nigeria plc do not incur environmental cost and as such, there
was no relationship between the profit of Guinness Nigeria and environmental cost. However,
environmental was shown to be related with the profit profile of Guinness plc as an increase in
Net profit, return on asset and return on equity occasioned an increase cost. In a contrast, an
increased social cost reduced the reported profit of Nigeria Breweries. The research concluded
that there are two sided relationships between social cost and profit profile of Nigeria breweries
in that an increase in the profit of Nigeria breweries will occasion an increase the social cost but
an increase in environmental cost will occasion a decrease in profit reported. Thus, this work
concluded environmental cost has an impact on the profit profile of firms in Nigeria. The
recommendations of this research are that firms should monitor and control their social cost thai
government should set up a mechanism to foster the reporting of environmental cost by firms
appropriately as well as make environmental cost compulsory for other firms other than oilfirms.
OGIDI, I (2021). Effect Of Environmental On The Performance Of Manufacturing Company In Nigeria (A Study Of Guinness PLC). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-environmental-on-the-performance-of-manufacturing-company-in-nigeria-a-study-of-guinness-plc-7-2
ISRAEL, OGIDI. "Effect Of Environmental On The Performance Of Manufacturing Company In Nigeria (A Study Of Guinness PLC)" Mouau.afribary.org. Mouau.afribary.org, 10 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-environmental-on-the-performance-of-manufacturing-company-in-nigeria-a-study-of-guinness-plc-7-2. Accessed 31 Oct. 2024.
ISRAEL, OGIDI. "Effect Of Environmental On The Performance Of Manufacturing Company In Nigeria (A Study Of Guinness PLC)". Mouau.afribary.org, Mouau.afribary.org, 10 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-environmental-on-the-performance-of-manufacturing-company-in-nigeria-a-study-of-guinness-plc-7-2 >.
ISRAEL, OGIDI. "Effect Of Environmental On The Performance Of Manufacturing Company In Nigeria (A Study Of Guinness PLC)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-environmental-on-the-performance-of-manufacturing-company-in-nigeria-a-study-of-guinness-plc-7-2