Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/5175
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dc.contributor.authorMgilane, Nolwando L.en_US
dc.contributor.authorMaama, Harunaen_US
dc.contributor.authorMarimuthu, Ferinaen_US
dc.date.accessioned2024-03-05T07:07:56Z-
dc.date.available2024-03-05T07:07:56Z-
dc.date.issued2023-01-
dc.identifier.citationMgilane, N.L., Maama, H. and Marimuthu, F. 2023. The role of environmental disclosures in enhancing firm value: evidence from listed manufacturing firms. Issues in Social and Environmental Accounting. doi:10.7176/isea/s2-03en_US
dc.identifier.issn2460-6081-
dc.identifier.urihttps://hdl.handle.net/10321/5175-
dc.description.abstractThe traditional approach to financial performance reporting has experienced a significant shift as stakeholders increasingly demand greater transparency regarding firms' environmental and social impact. This has elevated the importance of environmental reporting due to its potential influence on firms' financial strength. This study investigates the relationship between environmental reporting and the value of manufacturing firms listed on the Johannesburg Stock Exchange (JSE) in South Africa. The study conducted a content analysis on 250 annual integrated reports from 50 manufacturing firms listed on the JSE between 2016 and 2020 and utilized a multiple regression analysis. The findings revealed a negative relationship between environmental reporting and firm value, suggesting that adopting environmental reporting may involve additional financial resources, which are perceived as an outflow of funds in an economic context. Consequently, this study recommends that manufacturing companies analyse their stakeholders' characteristics and information needs to present relevant environmental reporting in their annual integrated reports. By doing so, companies can enhance their legitimacy with stakeholders, maximise shareholder value, and ultimately increase firm value. This research contributes to the existing literature on environmental, social, and financial reporting, particularly in South Africa, by focusing specifically on manufacturing firms listed on the JSE.en_US
dc.format.extent13 pen_US
dc.language.isoenen_US
dc.publisherInternational Institute for Science, Technology and Educationen_US
dc.relation.ispartofIssues in Social and Environmental Accountingen_US
dc.subject1501 Accounting, Auditing and Accountabilityen_US
dc.subjectEnvironmental reportingen_US
dc.subjectSocial reportingen_US
dc.subjectFinancial performanceen_US
dc.subjectFirm valueen_US
dc.titleThe role of environmental disclosures in enhancing firm value : evidence from listed manufacturing firmsen_US
dc.typeArticleen_US
dc.date.updated2024-03-01T14:47:25Z-
dc.identifier.doi10.7176/isea/s2-03-
item.grantfulltextopen-
item.cerifentitytypePublications-
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.languageiso639-1en-
item.openairetypeArticle-
Appears in Collections:Research Publications (Accounting and Informatics)
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