Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal International Journal of Environmental, Sustainability, and Social Science
Thomas NYAHUNA
University of Kwazulu-Natal, South Africa
Economics, Econometrics & Finance Environmental Science Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
The Effect of Mandatory Carbon Disclosure on Financial Performance: Evidence From South African Listed Carbon-Intensive Companies Thomas NYAHUNA; Mishelle DOORASAMY
International Journal of Environmental, Sustainability, and Social Science Vol. 4 No. 3 (2023): International Journal of Environmental, Sustainability, and Social Science (May
Publisher : Indonesia Strategic Sustainability

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/ijesss.v4i3.378

Abstract

By concentrating on determining the effect of mandatory carbon disclosure on financial performance, the study assists corporate managers in effectively understanding the significance of carbon information disclosure and searching for enhanced ways of amplifying carbon disclosure. The paper examines the impact of mandatory carbon disclosure on the corporate financial performance of 45 Johannesburg Stock Exchange-listed cement and mining companies considered carbon-intensive entities from 2014 to 2021. This examination is based on the legitimacy theory. To attain the critical aim of the study, panel regression analysis is conducted with the assistance of SPSS 28. Financial performance was measured by return on assets, return on equity and net profit margin. Carbon disclosure was measured by carbon disclosure scores developed by Carbon Disclosure Project (CDP). The study reports that all financial performance proxies are positively and significantly related to carbon disclosure. To upsurge financial performance, the sampled companies must keep extensively disclosing carbon information in their annual reports per the mandatory expectations. Therefore, this paper provides evidence that mandatory carbon disclosure is a source of better financial performance and critical for the corporate sector to accomplish sustainability.
Do Environmental Costs Impact Financial Sustainability? An Emerging Market’s Perspective. Thomas NYAHUNA; Mishelle DOORASAMY
International Journal of Environmental, Sustainability, and Social Science Vol. 4 No. 3 (2023): International Journal of Environmental, Sustainability, and Social Science (May
Publisher : Indonesia Strategic Sustainability

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/ijesss.v4i3.379

Abstract

The importance of properly managing environmental costs cannot be underestimated. This paper investigated the relationship between environmental costs and financial performance of 45 cement and mining listed on the Johannesburg Stock Exchange from 2014 to 2021. Financial performance is measured by return on equity whilst environmental cost is proxied by carbon management costs, recycling costs and pollution prevention costs. Control variables such as growth, leverage, size and debt ratio are used in this study. The study applied a quantitative research approach using an ex-post facto research design. The researchers adopted a panel regression analysis. The result of the study indicates a negative and significant association between environmental costs and return on equity. It was concluded that environmental costs reduce profitability in form of return of equity of the sampled companies. This study has practical implications of motivating corporate managers to proactively manage environmental costs in order to improve corporate financial performance. Additionally, it helps to practically shape environmental policies that intend to augment environmental performance.
Co-Authors Mishelle DOORASAMY