Effect of Quantity Environmental Reporting Disclosure on Financial Performance of Manufacturing Firms Listed in the Nairobi Securities Exchange

https://doi.org/10.51867/ajernet.4.2.80

Authors

Keywords:

Environmental Reporting Disclosure, Financial Performance, Manufacturing Firms, Nairobi Securities Exchange

Abstract

Environmental sustainability has become a major pillar of today’s business activities. One of the accounting information goals is to help users predict the returns on their investments. The main purpose of the study was to determine the effects of quantity environmental reporting disclosure on the financial performance of manufacturing firms listed on the Nairobi Securities Exchange. This study employed a survey research design to select manufacturing companies listed on the NSE. The study was carried out on manufacturing companies listed on the Nairobi Securities Exchange (NSE). The target population was 64 respondents. The study employed a census survey to select the 64 respondents including the management and finance heads. The study used questionnaires and a secondary data collection schedule to collect data. Questionnaires captured independent variables, while secondary tools captured dependent variables. Descriptive statistics involved frequencies and percentages, while inferential statistics were based on Pearson correlation and simple linear regression analysis. Tables were used to present data. The findings were that quantity environmental reporting disclosure had a significant effect on financial performance among listed manufacturing firms at NSE (t =9.971, p< 0.05). The study recommended that manufacturing companies should disclose information to enable trust since accountability would easily be achieved through the quantity of information disclosed.

Dimensions

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Published

2023-11-04

How to Cite

Ikapel, G. O., Tibbs, C., & Nelima, M. (2023). Effect of Quantity Environmental Reporting Disclosure on Financial Performance of Manufacturing Firms Listed in the Nairobi Securities Exchange. African Journal of Empirical Research, 4(2), 785–795. https://doi.org/10.51867/ajernet.4.2.80

Issue

Vol. 4 No. 2 (2023): Jul-Dec 2023

Section

Articles
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Copyright (c) 2023 Gilbert Okochet Ikapel, Charles Tibbs, Mary Nelima

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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