Financial performance of environmentally responsible South African listed companies

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 percen...

Full description

Published in: Meditari accountancy research Vol. 9; no. 1; p. 313
Main Authors: H.C. Wingard, Q. Vorster
Format: Journal Article
Language: Afrikaans
English
Published: Pretoria Emerald Group Publishing Limited 01-01-2001
Subjects:
Online Access: Get full text
Summary: 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. [PUBLICATION ABSTRACT]
ISSN: 2049-372X
2049-3738
DOI: 10.1108/1022252920010017