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Influence of Environmental Costs on the Performance of Some Selected Quoted Manufacturing Companies in Nigeria

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Description

– Influence of Environmental Costs on the Performance of Some Selected Quoted Manufacturing Companies in Nigeria –

Download Influence of Environmental Costs on the Performance of Some Selected Quoted Manufacturing Companies in Nigeria. Accounting students who are writing their projects can get this material to aid their research work.

Abstract

Environmental costs comprise both internal and external costs of environmental degradation due to industrial activities.

The internal costs include; pollution costs, costs for prevention and control, waste disposal, effluent control technologies, treatment,

sanitation and clean up expenditure, material purchase value of non-product output, planning, shifting actions and damage repairs that can occur at companies and affect governments or people.

Introduction

Most environmental degradations and emissions are anthropogenic, an advent traceable to the industrial revolution of late 18th century where economic activities in many communities moved from agriculture to manufacturing

(Gray & Babington, 2001) as cited in (Papang, Bassey & Bessong, 2012). Production shifted from its traditional locations in the home and the small workshop to factories.

The overall amount of goods and services produced expanded dramatically, new groups of investors, business people, and managers took financial risks and reaped great rewards (Lamberton, 2005) as cited in (Bassey, Sunday & Okon, 2013).

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