Effects of Environmental Accounting Practices and Sustainable Development on the Performance of Nigerian Listed Manufacturing Companies

Abstract

This study provides an insight into the effect of accounting for the environment and companies' attitude towards the sustainability of the environment. The objective of this study is to examine the relevance of environmental accounting practices to sustainable development and performance of listed manufacturing companies in Nigeria. Data was collected from annual reports and accounts of thirty-six randomly selected quoted companies in Nigeria. The data were analysed using panel data regression analysis. Results revealed that there is significant positive relationship between sustainable development and return on equity (ROE) and return on assets (ROA); a significant positive relationship between environmental accounting and return on equity (ROE)...