Paper Contents
Abstract
This study is to ascertain the imperative of triple bottom line accounting and the performance of listed manufacturing companies in Nigeria. The study adopts a cross-sectional and ex-post facto research design. We examined the inter-relationship among variables using data obtained from Nigeria Stock Exchange on a cross section of listed manufacturing companies in specific periods of 2015 to 2019. The total of two hypothesis formulated, were analyzed using panel least square regression and multiple regression with the adoption of fixed effect or least square dummy variable (LSDV) model. From our findings, Triple Bottom Line Accounting jointly has significant influence on Financial Performance of Listed Manufacturing companies in Nigeria. It was established that Economic Cost (EC) and Environmental Cost (EVC) have a positive and significant effect on the variables of performance of listed manufacturing companies in Nigeria while Social Cost has positive and non-significant effect on the variable of performance of manufacturing companies in Nigeria. Recommendations are made, that government, as the custodian and protector of the society, and the environment, should help put in place some guidelines, for manufacturers to contribute to their environment and the society at large. managers should adopt triple bottom line as a guide to report to stakeholder on the allocation of benefits not only to shareholders but to other stake holders.
Copyright
Copyright © 2022 ODOGU, LAIME ISAAC. This is an open access article distributed under the Creative Commons Attribution License.
