ENVIRONMENTAL MANAGEMENT DISCLOSURE ON ECONOMIC SUSTAINABLE DEVELOPMENT: EMPHASIS FROM LISTED CONSUMER GOODS FIRMS IN NIGERIA

Angela Ngozi Okolo (PhD), Priscilla Uchenna Egolum (PhD), Augustina A. Ezeh

Abstract


This study investigated the effect of environmental management on economic sustainable development with emphasis on listed consumer goods firms in Nigeria. In order to emphatically achieve result, three hypotheses were formulated. Ex-post factor research design was employed. The population of the study comprised all the firms listed under consumer goods sector within the period of study (2015 to 2020) which is 26 and 10 of them were adopted as sample for the study. Secondary data were utilized in the analysis. The result revealed that technologies and strong environmental policies have statistically significant effect on sustainable economic development. Environmental performance award and environmental crisis were statistically insignificant. The study recommends that regulators should examine firms’ annual reports with much emphasis on the amounts spent on processes of environmental management in order to encourage more disclosures as this contributes to the economic sustainability.


Keywords


Environmental Performance Award, Technologies, Environmental Crisis, Environmental Policies, Economic Sustainable Development.

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