Chew Yee Meng
ABSTRACT
The increasing concern on the environmental issues has led to the increasing importance of green accounting. Therefore, this study aims to raise awareness on the importance of green accounting by looking into the effects that it has on the financial performance of companies. Also, this study aims to provide a view on the relationship between green accounting and the financial performance of plantation's companies in Malaysia. This study conducted in the nature of explanatory to investigate the relationship between the quality of green accounting and financial performance of plantation companies in Malaysia. The outcome of this work showed that EDQL has positive significant relationship with Tobin's Q only. Thus, the hypothesis, H1 and H2, which hypothesized that EDQL has an effect on ROA of listed plantation company in Malaysia and EDQL has an effect on ROE of listed plantation company respectively are rejected. H3 which hypothesized that EDQL has an effect on the Tobin's Q of listed plantation company in Malaysia is accepted.
- Miroshnychenko, I., Barontini, R., & Testa, F. (2017). Green practices and financial performance: a global outlook. Journal of Cleaner Production, 147, 340--351.Google Scholar
Cross Ref
- Brink, P. (2017). Voluntary Environmental Agreements: Process, Practice and Future Use. Taylor & Francis.Google Scholar
- Ayres, R. U. (2008). Sustainability economics: Where do we stand?. Ecological economics, 67(2), 281--310.Google Scholar
- Othman, R., & Ameer, R. (2010). Environmental disclosures of palm oil plantation companies in Malaysia: a tool for stakeholder engagement. Corporate Social Responsibility and Environmental Management, 17(1), 52--62.Google Scholar
- Moroney, R., Windsor, C., & Aw, Y. T. (2012). Evidence of assurance enhancing the quality of voluntary environmental disclosures: an empirical analysis. Accounting & Finance, 52(3), 903--939.Google ScholarCross Ref
- Schaltegger, S., & Burritt, R. (2017). Contemporary environmental accounting: issues, concepts and practice. Routledge.Google Scholar
- Ong, T. S., Soh, W. N., Teh, B. H., & Ng, S. H. (2015). Influence of Environmental Disclosures on the Financial Performance of Public Listed Malaysian Manufacturing Companies. Asia-Pacific Management Accounting Journal, 10(1), 107--140.Google Scholar
- Qi, G. Y., Zeng, S. X., Shi, J. J., Meng, X. H., Lin, H., & Yang, Q. X. (2014). Revisiting the relationship between environmental and financial performance in Chinese industry. Journal of environmental management, 145, 349--356.Google ScholarCross Ref
- Ong, T. S., Tho, H. S., Goh, H. H., Thai, S. B., & Teh, B. H.(2016). The relationship between environmental disclosures and financial performance of public listed companies in Malaysia. International Business Management, 10(4), 461--467.Google Scholar
- Nor, N. M., Bahari, N. A. S., Adnan, N. A., Kamal, S. M. Q.A. S., & Ali, I. M. (2016). The effects of environmental disclosure on financial performance in malaysia. Procedia Economics and Finance, 35, 117--126.Google ScholarCross Ref
- Chen, L., Tang, O., & Feldmann, A. (2015). Applying GRI reports for the investigation of environmental management practices and company performance in Sweden, China and India. Journal of Cleaner Production, 98, 36--46.Google ScholarCross Ref
- Perry, M., & Singh, S. (2011). Corporate environmental responsibility in Singapore and Malaysia: The potential and limits of voluntary initiatives. Technology, Business and Society Programme Paper, 3.Google Scholar
- Shariful Amran, bin A. R., Ruslaina, binti Y., & Wan Nazihah, binti W. M. (2009). Environmental disclosure and financial performance: An empirical study of Malaysia, Thailand and Singapore. Social and Environmental Accountability Journal, 29(2), 46--58Google ScholarCross Ref
- Ding, W. and Marchionini, G. 1997. A Study on Video Browsing Strategies. Technical Report. University of Maryland at College Park.Google Scholar
- Akbas, H. E., & Canikli, S. (2014). Corporate environmental disclosures in a developing country: An investigation on Turkish listed companies. International Journal of Economics and Finance, 6(2), 50.Google ScholarCross Ref
- Sulaiman, M., Abdullah, N., & Fatima, A. H. (2014). Determinants of environmental reporting quality in Malaysia. International Journal of Economics, Management and Accounting, 22(1), 63--90.Google Scholar
- San Ong, T., Teh, B. H., & Ang, Y. W. (2014). The impact of environmental improvements on the financial performance of leading companies listed in Bursa Malaysia. International Journal of Trade, Economics and Finance, 5(5), 386.Google ScholarCross Ref
- Wang, K. T., & Shailer, G. (2017). Family ownership and financial performance relations in emerging markets. International Review of Economics & Finance, 51, 82--98.Google ScholarCross Ref
Index Terms
- The Impacts of the Quality of Green Accounting On the Financial Performance of Plantation Companies Listed On Bursa Malaysia
Recommendations
Financial Performance Analysis of Listed Pharmaceutical Companies
IC4E '21: Proceedings of the 2021 12th International Conference on E-Education, E-Business, E-Management, and E-LearningThe development of the pharmaceutical industry has always attracted wide attention from all walks of life because it is related to the health needs of the people and is closely related to the problems of our national livelihood. In recent years, China's ...
Hedging with derivatives by Taiwanese listed non-financial companies
This study treated 624 listed companies of non-finance and non-insurance industries in Taiwan from 2006 to 2007 as the samples. It probed into the financial derivatives undertaking of listed companies in Taiwan, and analysed the relation between ...
Determinants of Audit Fees in Malaysia's Top 100 Listed Companies: An Empirical Study
This paper examines the determinants of audit fees in a sample of top 100 companies listed in Bursa Stock Exchange in Malaysia; market capitalization of these companies is about 85% of the total market capitalization at the end of 2012. The authors ...
Comments