IMPACT OF ENVIRONMENTAL ACCOUNTING SUSTAINABILITY ON THE PERFORMANCE OF SELECTED FOOD AND DRUG MANUFACTURING COMPANIES IN NIGERIA.

Abstract

This research work examined the impact of environmental sustainability accounting. This

study's objective includes determining that environmental sustainability accounting has

impacted the market valuation of food and drug manufacturing companies. This study adopts a

survey design. Copy of questionnaires was administered. ANOVA was used to analyse data

collected statistically at 5% or 0.05 level of significance to determine the perception of

environmental sustainability accounting on manufacturing companies. In testing the

hypotheses, regression analysis was used. The discussion of the study shows that

environmental sustainability accounting has helped food and drug manufacturing companies

get better market valuation which has made them enjoy benefits such as accessibility to loans,

improved community relation, easy product market perpetuation and other areas. Based on

these discussions, recommendations amidst which are that manufacturing companies should

adopt environmental accounting practices to enhance the better market valuation of their

products and services.