Environmental Reporting and Performance of Nigerian Listed Oil and Gas Firms

Jayeola Olabisi (), Rotimi Williams Oladiran (), Solomon Yinka Aransiola () and Damilola Gloria Adenekan ()
Additional contact information
Jayeola Olabisi: Federal University of Agriculture Abeokuta
Rotimi Williams Oladiran: Crawford University Ogun State
Solomon Yinka Aransiola: Crawford University Ogun State
Damilola Gloria Adenekan: Federal University of Agriculture Abeokuta

ACTA VSFS, 2022, vol. 16, issue 2, 99-115

Abstract: The study investigated the environmental reporting and performance of listed oil and gas firms in Nigeria. The study adopted an ex-post facto research design method using existing data from the financials of selected firms. The population of the study consisted of thirteen (13) listed firms as of 2021, out of which ten (10) were purposively selected based on the availability of annual reports and accounts. Secondary data were extracted and the results of the unit-roots test informed the adoption of Auto-Regressive Distributed Lag (ARDL) and Error Correction Techniques. The study found a positive and significant relationship between Environmental Management Cost (EMC) and ROCE (p 0.05). However, there was a negative and significant relationship between Environmental Research and evelopment Cost (ERDC) and ROCE (p

Keywords: environmental reporting; environmental management cost; environmental protection cost; environmental research and development cost; and return on capital employed (search for similar items in EconPapers)
JEL-codes: F6 F64 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vsfs.cz/periodika/acta-2022-2-01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prf:journl:v:16:y:2022:i:2:p:99-115

Access Statistics for this article

More articles in ACTA VSFS from University of Finance and Administration Contact information at EDIRC.
Bibliographic data for series maintained by Magdalena Šebková ().