Financial performance of environmentally responsible South African listed companies
- 1 April 2001
- journal article
- review article
- Published by Emerald in Meditari Accountancy Research
- Vol. 9 (1), 313-332
- https://doi.org/10.1108/1022252920010017
Abstract
The problem investigated is whether there is a positive relationship between the environmental responsibility and the financial performance of South African listed companies. The financial performance measures ROE, ROA, ROC and EVA were individually correlated with the environmental reporting percentages (i.e. the measure for environmental responsibility) for all the companies. Based on the results of the correlation analyses, it is concluded that there is a positive relationship between the environmental responsibility and the financial performance of South African listed companies; i.e. the higher the level of environmental responsibility of a company, the better its financial performance.Keywords
This publication has 13 references indexed in Scilit:
- Environmental disclosures and public policy pressureJournal of Accounting and Public Policy, 1997
- You've got a great environmental strategy—Now what?Business Horizons, 1996
- Design for environment: An implementation frameworkEnvironmental Quality Management, 1996
- Environmental performance indicators for enhancing environmental managementEnvironmental Quality Management, 1996
- Poll Trends: Environmental Problems and ProtectionPublic Opinion Quarterly, 1991
- Determinants of the Corporate Decision to Disclose Social InformationAccounting, Auditing & Accountability Journal, 1989
- Data in Search of a Theory: A Critical Examination of the Relationships among Social Performance, Social Disclosure, and Economic Performance of U. S. FirmsAcademy of Management Review, 1985
- An evaluation of environmental disclosures made in corporate annual reportsAccounting, Organizations and Society, 1982
- Environmental Performance and Corporate DisclosureJournal of Accounting Research, 1980
- On the Measurement of Corporate Social Responsibility: Self-Reported Disclosures as a Method of Measuring Corporate Social Involvement.The Academy of Management Journal, 1979