Please use this identifier to cite or link to this item:
https://hdl.handle.net/10321/5175
DC Field | Value | Language |
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dc.contributor.author | Mgilane, Nolwando L. | en_US |
dc.contributor.author | Maama, Haruna | en_US |
dc.contributor.author | Marimuthu, Ferina | en_US |
dc.date.accessioned | 2024-03-05T07:07:56Z | - |
dc.date.available | 2024-03-05T07:07:56Z | - |
dc.date.issued | 2023-01 | - |
dc.identifier.citation | Mgilane, 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/s2-03 | en_US |
dc.identifier.issn | 2460-6081 | - |
dc.identifier.uri | https://hdl.handle.net/10321/5175 | - |
dc.description.abstract | The 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.extent | 13 p | en_US |
dc.language.iso | en | en_US |
dc.publisher | International Institute for Science, Technology and Education | en_US |
dc.relation.ispartof | Issues in Social and Environmental Accounting | en_US |
dc.subject | 1501 Accounting, Auditing and Accountability | en_US |
dc.subject | Environmental reporting | en_US |
dc.subject | Social reporting | en_US |
dc.subject | Financial performance | en_US |
dc.subject | Firm value | en_US |
dc.title | The role of environmental disclosures in enhancing firm value : evidence from listed manufacturing firms | en_US |
dc.type | Article | en_US |
dc.date.updated | 2024-03-01T14:47:25Z | - |
dc.identifier.doi | 10.7176/isea/s2-03 | - |
item.grantfulltext | open | - |
item.cerifentitytype | Publications | - |
item.fulltext | With Fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.languageiso639-1 | en | - |
item.openairetype | Article | - |
Appears in Collections: | Research Publications (Accounting and Informatics) |
Files in This Item:
File | Description | Size | Format | |
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ISEA Copyright clearance.docx | Copyrighti clearance | 140.54 kB | Microsoft Word XML | View/Open |
Mgilane_Maama_Marimuthu_2023.pdf | 1.18 MB | Adobe PDF | View/Open |
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