Tantua, Bralayefa and Agbalaiko, Ebimotimi G. and Etale, Lyndon M. (2023) Green Accounting and Corporate Viability of Selected Oil Industry Firms in Nigeria. European Journal of Accounting, Auditing and Finance Research, 11 (7). pp. 16-29. ISSN 2053-4086(Print), 2053-4094(Online)
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Abstract
The study was carried out to examine the relationship between green accounting practices and corporate viability of selected oil industry firms in Nigeria. Components of green accounting practices used include restoration cost, redemption cost and compensation cost, while return on investment was used to represent corporate viability. The study adopted the ex-post facto research design using secondary data collected from published annual reports of sampled firms (Oando, Shell, Agip, Conoil, and Alcon Oil) from 2010 to 2022. Data gathered was analyzed using the Ordinary Least Square (OLS) methods with the aid of E-views version 9 computer software. The results of the empirical analysis showed that restoration cost, redemption cost and compensation cost all had positive but not statistically significant association with return on investment (the measure of corporate viability) of selected oil industry firms in Nigeria. The study concluded that green accounting has positive influence on corporate viability of the selected oil industry firms in Nigeria. It was recommended that publicly quoted firms should adopt uniform green accounting reporting and disclosure standards for the purpose of control and measurement of viability.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Depositing User: | Professor Mark T. Owen |
| Date Deposited: | 24 Jun 2023 18:38 |
| Last Modified: | 24 Jun 2023 18:38 |
| URI: | https://tudr.org/id/eprint/1910 |
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