International Journal of Environmental, Sustainability, and Social Science
Vol. 4 No. 2 (2023): International Journal of Environmental, Sustainability, and Social Science (Mar

Environmental Management System and Financial Performance of Environmentally Sensitive Industries in South Africa

Thomas NYAHUNA (University of Kwazulu Natal, South Africa)
Mishelle DOORASAMY (University of Kwazulu Natal, South Africa)



Article Info

Publish Date
31 Mar 2023

Abstract

The influence of environmental management system (EMS) on corporate financial performance within the African corporate context has persistently remained lacking and inconclusive, attributed primarily to the absence of data. However, this study investigates the influence of EMS on corporate financial performance measured by earnings per share (EPS) of 65 Johannesburg Stock Exchange listed environmental sensitive companies from 2014 to 2018. Size was used as a control variable. Using SPPS version 28, this study discover vast evidence of a favourable association between EMS and EPS. The importance of EMA cannot be underestimated. Therefore, this study makes available valuable insights on in what way companies can wholly apply EMS to upsurge corporate financial performance. It was concluded that the government should regulate the implementation of EMS within companies as a source of climate change mitigation and as a strategy to upswing financial and environmental performance.

Copyrights © 2023






Journal Info

Abbrev

ijesss

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Social Sciences

Description

International Journal of Environmental, Sustainability, and Social Science (abbreviated as IJESSS) p-ISSN 2720-9644 and e-ISSN 2721-0871 is a multidisciplinary journal covering all aspects of the environmental impacts of socio-economic development. The International Journal of Environmental, ...