SOURCE:

Faculty: Management Sciences
Department: Accountancy

CONTRIBUTORS:

Ebubechukwu, J. O.
Okoye, E. I.

ABSTRACT:

This study is aimed at determining the effect of green accounting characteristics on Profit performance of selected firms in Nigeria. Specifically, the study aimed at determining the effect of environmental pollution prevention cost, environmental protection cost, costs of resource recycling, environmental restoration costs, corporate social responsibility costs, research and development costs on firm's profitability. Six research questions and six hypotheses were formulated to guide the study. The study adopted ex-Post Facto research design to address the problem under investigation. It sampled four cement firms and nine oil and gas firms list -ed in Nigeria stock exchange for the period of 2010 to 2015 through simple random sampling technique. The study used content analysis of corporate annual reports as method of data collection. The data were analyzed using multiple linear regression and the hypotheses were tested using analysis of variances. It was found that pollution prevention cost does not have significant effect on firms’ profitability while environmental protection cost, resource recycling cost, environmental restoration cost, corporate social responsibility cost, research and development cost have significant effect on firm's profitability. Based on these findings, the researcher recommended among others that firms should improve on research and development cost in order to widen their scope and innovation despite all odds.