A Study on Impact of Environmental Accounting on Profitability of Companies listed in Bombay Stock Exchange

Nandini E. S, Sudharani R and Suresh N

Papers from arXiv.org

Abstract: The study focuses on the Impact of Environmental Accounting on the Profitability of Companies listed on the Bombay Stock Exchange. The study has considered the Amount spent on Environmental protection as an Independent variable and Return on Capital Employed, Return on Assets, Return on Net worth/equity, Net Profit Margin, and Dividend per Share as the Dependent variable. The present study is to analyses the relationship between Amounts spent on Environmental protection costs and Return on Capital Employed, Return on Assets, Return on Net worth/equity, Net Profit Margin, and Dividend per Share. The data is collected from 18 companies listed on the Bombay Stock Exchange for 10 years from the Annual reports of companies. The data collected were analysed using Panel data Regression in E-Views. Results revealed that there is a significant Relationship between Environmental protection Cost and Return on Capital Employed, Return on Assets, Return on Net worth/equity, Net Profit Margin, and Dividend per Share. The study shows that Environmental accounting impact positively on Firms profitability.

Date: 2022-07
New Economics Papers: this item is included in nep-cfn, nep-eff and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Bulletin Monumental 21 2020 46 51

Downloads: (external link)
http://arxiv.org/pdf/2207.00716 Latest version (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:arx:papers:2207.00716

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().