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Articles

Vol. 13 No. 1 (2024): ESUT Journal of Accountancy (EJA)

Effect of Green Accounting on Firm’s Profitability Among Manufacturing Industries In Nigeria

Submitted
April 23, 2024
Published
2024-04-23

Abstract

Research purpose: The study examined the effect of green accounting on firms profitability among manufacturing industries in Nigeria. 

Methodology: Ex Post-facto research design was used for the study. The secondary data used in the study covered different manufacturing Companies and was sourced from the Nigeria Exchange Group for the period of 2012-2021. The data were analyzed using multiple linear regression. 

Findings: From the analysis of the data and test of hypothesis result H01 shows that there is no impact of environmental domestic products on growth of an enterprise while in H02. The study also accepts the null hypothesis and rejects the alternative to show that the independent variable “net accumulation of enterprise product of  economic assets does have an insignificant impact on the growth of an enterprise and finally in H03. 

Conclusion: It concludes that there is a significant impact of the Independent variable “net accumulation of non-produced natural asset” on the dependent variable “growth of the enterprise”. 

Recommendations: It is on this account that the study recommends that that enterprise should make sure they have appropriate and well-designed green accounting design to be able to stand that test of time, while  following the new trends in terms of technological advancement and globalization. Management and Staff should be well trained as to seeing the importance of developing green accounting in the organization.

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