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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Does Green Accounting Impact Sustainability Development in Africa?

Does Green Accounting Impact Sustainability Development in Africa?

Muritala, Taiwo

Paperback

Management

ISBN10: 6208418941
ISBN13: 9786208418946
Publisher: LAP Lambert Academic Publishing
Published: Dec 27 2024
Pages: 52
Weight: 0.18
Height: 0.12 Width: 6.00 Depth: 9.00
Language: English
This study investigates the impact of green accounting on the sustainable development of listed multinational oil and gas companies in Africa, analyzing data from audited reports of six firms over 18 years (2005-2022). Using an ex post-facto research design and panel autoregressive distributed lag technique, green accounting was assessed through pollution prevention, waste management, and remediation control costs, while sustainable development was evaluated using financial, social, and environmental performance (triple bottom line). The findings reveal that there is a positive and significant relationship between green accounting and sustainable development in both the short and long run. Also, green accounting simultaneously improves financial, social, and environmental outcomes. However, green accounting disclosure practices are not yet fully adopted by multinational oil and gas companies in Africa. However, the study recommends that these companies should prioritize environmental responsibility by reducing negative environmental impacts through green policies, strategies, and operations, and by being more socially accountable.

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