Effect Of Environmental Accounting On Financial Performances Of Listed Firms In Nigeria:- Ndulue Chukwuma C

ABSTRACT

The study investigated effect ofenvironmental accounting onfinancialperformance oflistedfirms in Nigeria. The study used expostfactorresearch design andextractedsecondary datafrom cross section oflistedfirmsfrom 2009-2018. To ascertain the relationship ofthe variables it employed Return on asset(ROA), Return on Capital Employed (ROCE) and Net profit margin (NPM) as collective proxiesfor environmental accounting. The study engages panel leastsquare method of estimated to ascertain the relationship ofthe variables. The findings shows that there is positive significant relationship of the variables. The finding shows that there is positive significant relationship between environmental costsprofit after tax oflisted breweryfirms, it wasfound that 85.5% ofthe total variation in profit after tax attributable to changes in environmental costs, Environmental costs have significant effect on return on asset and profit after tax. The study recommends that management oflistedfirms should ensure that they are environmentalfriendly for potential investors to invest in theirfirms.