ABSTRACT

This study sought to examine the influence of social responsibility accounting on corporate performance. The objectives of the study were to establish the extent to which waste management, pollution abatement, fines and penalty, and social costs affect corporate performance, using profitability as the proxy. A survey research design was used and data collected through questionnaire and analyzed using the ordinary least square technique. Results of the study showed that waste management, pollution abatement, fines and penalties and social costs were all positively related to organizational performance, as measured by return on capital employed. Arising from these findings, it was recommended that firms should institute proactive waste management systems and structures that ensure that the disposals of the harmful by-products in every aspect of their operations are properly handled. It was also recommended that measures should be in place by firms to reduce the nuisance of environmental pollution through abatement, as expenditures made on pollution abatement are normally off-set in the long run by the firm's enjoyment of a health and sustainable operating environment. It was further recommended that firms should provide corporate social responsibility projects especially in the areas of education, health and physical infrastructure support.