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Environmental Operations Review and Stakeholders¡¯ Wealth of Extracting Firms: Evidence From Nigeria

Akabom Ita Asuquo, Nicholas Obun Dan, Innocent Oko Odey, Mkpa Ubuo Linus, Ashishie Peter Uklala and Arzizeh Tiesieh Tapang

International Journal of Financial Research, 2021, vol. 12, issue 3, 172-180

Abstract: The research surveyed environmental operations review and stakeholders¡¯ wealth of extracting firms taking evidence from Nigeria. The purpose was to consider the effect and necessities of environmental evaluation toward enhancement and maximization of the wealth of the stakeholders of extracting firms obtaining facts from Nigeria. The survey methodology and ex-post-facto design were adopted and material pieces of evidence needed for the validation of the propositions made in the exploration were gathered from both primary and secondary sources, and appropriate statistical techniques were applied in examining the raw material pieces of evidence. The domino effect and findings exposed that environmental operations review is greatly connected to the stakeholders¡¯ wealth in the extracting firms. Consequently, the elements of environmental operations review ought to be reflected in making a decision concerning stakeholders¡¯ wealth of extracting firms because it is appropriate that establishments put up with their stakeholders¡¯ wealth in the midst of environmental defies. Finally, as originality/value, it was advocated and backed that extracting firms ought to display facts on environmental costs in their financial statements. This is obligatory in ensuring that environmental overhead besides environmental conservation is guaranteed towards ecological and green nourishment and sustenance.

Keywords: environmental; extracting; firms; operations; review; stakeholders; wealth (search for similar items in EconPapers)
Date: 2021
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DOI: 10.5430/ijfr.v12n3p172

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Handle: RePEc:jfr:ijfr11:v:12:y:2021:i:3:p:172-180