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2018, vol. 20, br. 1, str. 17-26
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Da li je ekološko računovodstvo važno za profitabilnost preduzeća? Kanonička procena
Does green accounting matter to the profitability of firms? A canonical assessment
Sažetak
Veliki broj autora u svojim studijama zastupa stav da je ekološko računovodstvo važno za profitabilnost preduzeća. Međutim, malo se zna o nigerijskim preduzećima. Da bismo razmotrili ovaj jaz, u ovom radu želimo da istražimo da li je ekološko računovodstvo važno za profitabilnost nigerijskih preduzeća. U tom smislu, usvojili smo expo facto model istraživanja i odabrali deset preduzeća koja se ne bave proizvodnjom robe široke potrošnje, a koja se kotiraju na Nigerijskoj berzi u periodu 2012-2016. Godišnji izveštaji i računi odabranih preduzeća koja se ne bave proizvodnjom robe široke potrošnje bili su naši izvori podataka. Podaci su se sastojali od indikatora ekološkog računovodstva (troškovi uključivanja zajednice i visina sredstava potrošenih na zaštitu životne sredine) i profitabilnosti (povraćaj na kapital i TobinQ). Dobijeni podaci analizirani su upotrebom kanoničkih korelacija. Ova studija otkriva da ne postoji značajna veza između ekološkog računovodstva i mera profitabilnosti među preduzećima koja se ne bave proizvodnjom robe široke potrošnje. Bez obzira na to da li preduzeća pribegavaju ekološkog računovodstvu ili ne, implicitno se može zaključiti da nivo profitabilnosti tih preduzeća ostaje nepromenjen. Pored toga, na osnovu istraživanja, pokazali smo da je praksa ekološkog računovodstva među preduzećima koja se ne bave proizvodnjom robe široke potrošnje u Nigeriji još uvek u ad hoc fazi. Na osnovu formulisanih stavova, smatramo celishodnim da se Veće za finansijsko izveštavanje Nigerije i korporativni subjektima prilagode rastućoj svesti o potrebi uvođenja ekološkog računovodstva i da formulišu zahteve za saopštavanje podataka u cilju poboljšanja profitabilnosti preduzeća. To će, nesumnjivo, poboljšati računovodstvene prakse među preduzećima, kao i opšte politike, u cilju povećanja konkurentnosti tih preduzeća u industriji u kojoj posluju.
Abstract
Quite a few studies have argued that green accounting does matter to the profitability of a firm; however, little is known about Nigerian firms. To address this gap, this paper seeks to investigate whether green accounting matters to the profitability of Nigerian firms or not. Towards achieving this, an expo-facto research design was adopted and ten non- consumer goods firms listed on the Nigerian Stock Exchange were selected during 2012-2016. The data were sourced from the annual reports and accounts of the selected non-consumer goods firms. The data comprised of green accounting (expenses of community involvement and the amount spent on environmental protection) and profitability (return on equity and Tobin Q) indicators. The data obtained were analyzed by using canonical correlations. The study revealed that there was no significant relationship between green accounting and profitability measures among the non-consumer goods firms. The implication is that whether or not firms engage in green accounting, their profitability level remains unchanged. In addition, this provides evidence that the practice of green accounting among non-consumer goods firms in Nigeria is still at its ad-hoc stage. On the basis of the above findings, we proposed that the Financial Reporting Council of Nigeria and corporate entities should, as a matter of fact, accommodate the growing awareness in green accounting and formulate a disclosure requirement aimed at improving the profitability of firms. This will no doubt enhance green accounting practices among firms and in general policies aimed at enhancing their competitiveness in the industry in which they are domiciled.
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