Augustine Badii*
The study examined green accounting practices and firm’s performance. The relationship between green accounting and return on capital employed, return on assets and dividend per share of listed manufacturing firms on Ghana stock exchange were explored. The quantitative research approach and longitudinal research design were adopted for the study. The population of the study comprised all listed manufacturing firms on the Ghana stock exchange, of which eight were purposively sampled. Data for the study was obtained from 160 published financial reports of the selected firms. The panel regression model was used to establish a relationship between the variables. The revealed that green accounting significantly affect return on capital employed. However, green accounting does not significantly affect return on assets and dividend per share. Also, a positive connection was observed for green accounting and return on capital employed and return on assets whilst negative association was observed for green accounting and dividend per share. It is recommended that management of manufacturing firms should take matters of green accounting serious in other to protect the immediate environment. The government of Ghana should pass legislation to make green reporting mandatory for companies and also, green reporting should be made a mandatory requirement for listing status on the Ghana stock exchange.
PDFShare this article
