ABSTRACT
This research work seeks to know if social and
environmental audit is a tool for enhancing corporate financial performance
with a particular reference to few selected Banks in Nigeria. The data
collected for t11is study was analyzed using descriptive statistics,
correlation and regression analysis. A ten years financial statement was use to
ascertain the values of the corporate financial performance proxy (EPS,
ROE,ROA) and a questionnaire was drafted to know the level of participation of
these Banks in SEA using the KLD index method. The result of the analysis
clearly showed that the null hypotheses should be rejected at a significant
level of 0.05 and 0.01, meaning that social and environmental audit has a
significant relationship as well as appositive effect on corporate financial
performance. Hence involvement in social and environmental audit enhances
corporate financial performance. The following recommendations were made,
Corporation should ensure effective and efficient social and environmental
audit engagement, And ensure an adequate and up to date social and environmental
accounting and records. Government and other regulatory in accounting
profession should come up with standards on social and environmental audit
procedures and disclosures. Corporation should embrace an all inclusive social
and environmental responsibility that ensure the benefit of all it's stakeholders.
OZOANI, N (2021). Social And Environmental Audit: A Tool For Enhancing Corporate Financial Performance A Study Of Selected Banks In Nigeria . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/social-and-environmental-audit-a-tool-for-enhancing-corporate-financial-performance-a-study-of-selected-banks-in-nigeria-7-2
NNEAMAKA, OZOANI. "Social And Environmental Audit: A Tool For Enhancing Corporate Financial Performance A Study Of Selected Banks In Nigeria " Mouau.afribary.org. Mouau.afribary.org, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/social-and-environmental-audit-a-tool-for-enhancing-corporate-financial-performance-a-study-of-selected-banks-in-nigeria-7-2. Accessed 01 Nov. 2024.
NNEAMAKA, OZOANI. "Social And Environmental Audit: A Tool For Enhancing Corporate Financial Performance A Study Of Selected Banks In Nigeria ". Mouau.afribary.org, Mouau.afribary.org, 02 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/social-and-environmental-audit-a-tool-for-enhancing-corporate-financial-performance-a-study-of-selected-banks-in-nigeria-7-2 >.
NNEAMAKA, OZOANI. "Social And Environmental Audit: A Tool For Enhancing Corporate Financial Performance A Study Of Selected Banks In Nigeria " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/social-and-environmental-audit-a-tool-for-enhancing-corporate-financial-performance-a-study-of-selected-banks-in-nigeria-7-2