IDEAS home Printed from https://ideas.repec.org/a/bjc/journl/v12y2025i8p746-757.html
   My bibliography  Save this article

Assessment of the Impact of Environmental Operating Costs on Return on Assets: Evidence from Listed Breweries in Nigeria

Author

Listed:
  • Ogundipe Francis Bamidele

    (Department of Accounting, Ekiti State University. Ado Ekiti, Ekiti State)

  • Olatunji Opefolu Francis

    (Department of Accounting, Ekiti State University. Ado Ekiti, Ekiti State)

  • Omodara Busuyi Emmanuel

    (Department of Accounting and Finance, Ajayi Crowther University. Oyo, Oyo State)

  • Bamidele Vincent Olawale

    (Department of Accounting, Federal College of Education (Technical), Gusau. Zamfara State)

Abstract

This study examines the effect of environmental operating costs on the return on assets of consumer goods firms: evidence from listed breweries industries in Nigeria. Specifically, the study sought to evaluate the effect of prevention costs, appraisal costs and external failure costs on the return on assets of the selected manufacturing firms. The population for this study consists of 21 Consumer goods listed on Nigeria exchange group (NGX). The study made use of purposive sampling to select four (4) breweries companies operating in Nigeria spanning for 10 years (2014-2023). A panel data regression approach was utilized to scrutinize the information collected from four selected businesses. Both descriptive and inferential methodologies were employed in the analysis. The regression analysis indicated a regression coefficient of PC at -0.9376, accompanied by a t-value of -5.2179 and a significance level (p-value) of 0.0000 (p

Suggested Citation

  • Ogundipe Francis Bamidele & Olatunji Opefolu Francis & Omodara Busuyi Emmanuel & Bamidele Vincent Olawale, 2025. "Assessment of the Impact of Environmental Operating Costs on Return on Assets: Evidence from Listed Breweries in Nigeria," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 12(8), pages 746-757, August.
    • Handle: RePEc:bjc:journl:v:12:y:2025:i:8:p:746-757
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijrsi/uploads/vol12-iss8-pg746-757-202509_pdf.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijrsi/article.php?id=68
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjc:journl:v:12:y:2025:i:8:p:746-757. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Renu Malsaria (email available below). General contact details of provider: https://rsisinternational.org/journals/ijrsi/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.