Green Accounting Disclosures and Performance of Listed Manufacturing Firms in Ghana

Abstract

The main objective of the study was to examine empirically the green accounting disclosures and performance of listed manufacturing firms in Ghana. Its specific objectives were to determine the firms size and performance of listed manufacturing firms in Ghana; to assess the profitability of the organization and performance of listed manufacturing firms in Ghana; to determine the leverage and performance of listed manufacturing firms in Ghana and to assess the total sales of the organization and performance of listed manufacturing firms in Ghana. The study used five (5) manufacturing firms for the analysis. The study adopted descriptive survey design and quantitative research approach. Based on the findings shows positive and statistically significant relationship between firm size and performance of the manufacturing companies in Ghana. This implies that the higher the firm size the more profitable firms become. Listed manufacturing companies with higher firm size have high profitability. The study recommends that the manufacturing firms should increase in the amount of money spent on the environment. Secondly, it is advised that there should be measurement of the impact of organization activities on the environment to enable the government formulate policies and programmes to regulate the activities of the organization which may have effect on the environment. Thirdly, the financial statements of the manufacturing firms should also be published to keep the general public and the government agencies to be abreast with the happenings in their environment. Finally, intensive education initiative should be undertaken to stimulate environmental awareness.