Environmental Cost Accounting: Implications on Profitability of Consumer Goods Companies in Nigeria

Ifi Chibuzor Christy

doi:10.56201/jbae.vol.11.no1.2025.pg68.78

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Environmental Cost Accounting: Implications on Profitability of Consumer Goods Companies in Nigeria

Ifi Chibuzor Christy

Abstract

The primary aim of business enterprises is to make profit but they ought to be accountable for the effect of their activities on the environment. The study investigated the effect of environmental cost accounting on the profitability of consumer goods companies in Nigeria. Two research questions guided the study and two null hypotheses were tested at 0.05 level significance. The study covered a period of ten years 2013-2022. The study adopted an ex post facto research design. Sixteen consumer goods companies participated in the study. The findings of the study indicated that environmental cost had a positive effect on net profit margin and returns on capital employed.

Keywords

Environmental cost accountingprofitabilitynet profit marginreturn on capital

References

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Environmental Cost Accounting: Implications on Profitability of Consumer Goods Companies in Nigeria

Abstract

Keywords

References

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