Determinants of Corporate Environmental Disclosures: A case of selected Listed Manufacturing Firms in Tanzania
Loading...
Date
2022-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
African Journal of Accounting and Social Science Studies (AJASSS)
Abstract
This study looks into the factors that influence corporate environmental
disclosure on the Tanzanian listed manufacturing frms. The study employs
legitimacy theory as a theoretical foundation. For this study, the explanatory
variables were proftability, frm size, fnancial leverage, and board size. From
2013 to 2020, data were extracted from the annual reports of fve listed
manufacturing frms for eight years totalling 40 data points. A regression
analysis model was used to analyse data from all of the listed manufacturing
frms. According to legitimacy theory, proftability and board size are
signifcant parameters that positively influence environmental disclosure.
Other factors, such as fnancial leverage and frm size, appear to positively
influence environmental disclosure, though the impact is insignifcant. The
study recommends that listed manufacturing frms should improve their
levels of environmental disclosure, participate in environmental activities, and
ensure that more environmental information is disclosed for all users to assess.
The study recommends for public traded manufacturing frms to improve their
levels of environmental disclosure, participate in environmental activities,
and ensure that more environmental information is disclosed for all users to
access.
Description
Keywords
Corporate Environmental Disclosure, Listed Manufacturing frms, legitimacy theory, Tanzania