Date of Publication

2019

Document Type

Master's Thesis

Degree Name

Master of Science in Accountancy

Subject Categories

Accounting

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Adviser

Rodiel C. Ferrer

Defense Panel Chair

Marck Vincent Bendo

Defense Panel Member

Jerwin Tubay
Moses Manalang

Abstract/Summary

The increasing global environmental problems brought by economic, social and technological advancements have led to growing interest of stakeholders in the firms’ adoption and application of green accounting. Environmental awareness has caused various stakeholders to become more concerned with the firms environmental performance. The effect of green accounting decisions on market perception has encourage firms to invest on green activities and improve their corporate environmental performance. Existing literatures provided empirical evidence against the conventional thoughts on green investments being a financial burden, as it entails additional costs on the firm. Prior studies showed that by improving the firm’s environmental performance, economic and financial performance can also be attained. The main objective of this paper is to study the moderating effect of board independence, firm size, location, industry type, and company age on the effect of green accounting on financial ratios, abnormal returns, and firm value of selected publicly-listed companies in the Philippines from 2013-2017. Specifically, the paper intended to identify 1) the direct effects of green accounting on a) financial ratios, b) abnormal returns, and c) firm value, and 2) the moderating effects of a) board independence, b) firm size, c) location, d) industry type, and e) company age on the effects of green accounting on financial ratios, abnormal returns, and firm value.

Abstract Format

html

Language

English

Accession Number

CDTG007416

Keywords

Environmental auditing

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Embargo Period

9-21-2022

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