Browsing by Author "Awe, Richard Akin"

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    Effect of Environmental Cost Disclosure on Financial Performance of Listed Industrial Goods Firms in Nigeria
    (Department of Accounting, Nasarawa State University, Keffi., 2022-10-14) Daniel, Emmanuel Kayode; Ameh, Jacob Ojobo; Awe, Richard Akin
    The problem of lack of adequate disclosures among pollution prone companies in Nigeria in their annual reports today is a thing of concerned to stakeholders. This study examines effect of environmental cost disclosure on financial performance of listed industrial goods firms in Nigeria. The expo-facto research design with specific focus on the longitudinal Panel was adopted with the use of secondary data from annual report of listed industrial firms. The convenient sampling technique was employed in selecting the 11 firms out of 13 industrial goods firms in Nigeria for 2012-2021 financial year. Panel regression analysis was used to analyse result with the aid of E-views 10. The finding revealed that waste management has negative significant effect on net profit margin while employee health and safety cost has positive significant effect on net profit margin. The study concludes that environmental cost disclosures have significant influence on firms ’ financial performance. The study recommend that industrials goods firm should continue to make adequate provisions for employee health and safety in order to motivate workers for sustainable optimal productivity that will lead to enhanced financial performance.