ABSTRACT
This study examined The Effect of Triple
Bottom Line Accounting on the Performance of Listed Manufacturing Firms in
Nigeria. The sample comprises 40 manufacturing firms listed on the Nigerian
Stock Exchange (NSE), covering the period of 2015 to 2019. The combination of
40 firms for a five year period provides a balanced panel of observation, which
were analyzed using
a cross-sectional and ex-post facto research design.
Triple Bottom Line Accounting
measures proxies are, economic cost, social cost, and environmental cost. Performance measures proxies are, Earnings
Per Share, Market Value Per Share, Tobins Q Ratio, Net Asset Value Per Share,
and Economic Value Added. The postulated hypotheses were tested,
using panel least square method of Multiple Regression Analysis. Multiple
regression analysis 1 shows F-Statistics outcome of 0.626473. Multiple
regression analysis 2 shows
r-squared outcome of 0.000151. Multiple regression analysis 3
shows R-square of 0.025613 Multiple regression analysis 4 shows Adj(R2)
of 0.124100, Multiple regression analysis 5 shows f-statistics is
0.589283, all supporting the credibility of regression equation and powers of
the independent variables in predicting changes that occur in the Performance
of manufacturing firms in Nigeria.
Based
on this, we accept that the various indicators of Triple Bottom Line
Accounting, in this research work, jointly have significant influence on the
Performance of Listed Manufacturing Firms in Nigeria since the residual
statistics indicate that the regression model is properly fitted. We recommended that government
should help to put in place some guidelines for manufacturers to contribute to
their environment and the society at large. Business management and managers
should adopt triple bottom line as a guide to report to stakeholders on the
allocation of benefits not only to shareholders but to other stakeholders.
-- (2023). Effect Of Triple Bottom Line Accounting On The Performance Of Listed Manufacturing Firms In Nigeria. Repository.mouau.edu.ng: Retrieved Sep 08, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-triple-bottom-line-accounting-on-the-performance-of-listed-manufacturing-firms-in-nigeria-7-2
--. "Effect Of Triple Bottom Line Accounting On The Performance Of Listed Manufacturing Firms In Nigeria" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 20 Jun. 2023, https://repository.mouau.edu.ng/work/view/effect-of-triple-bottom-line-accounting-on-the-performance-of-listed-manufacturing-firms-in-nigeria-7-2. Accessed 08 Sep. 2024.
--. "Effect Of Triple Bottom Line Accounting On The Performance Of Listed Manufacturing Firms In Nigeria". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 20 Jun. 2023. Web. 08 Sep. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-triple-bottom-line-accounting-on-the-performance-of-listed-manufacturing-firms-in-nigeria-7-2 >.
--. "Effect Of Triple Bottom Line Accounting On The Performance Of Listed Manufacturing Firms In Nigeria" Repository.mouau.edu.ng (2023). Accessed 08 Sep. 2024. https://repository.mouau.edu.ng/work/view/effect-of-triple-bottom-line-accounting-on-the-performance-of-listed-manufacturing-firms-in-nigeria-7-2