The Relationship between environmental activities and firms performance in the Philippine Industrial sector

• Main Author: Augustinus, Emilio P.
• Format: text
• Language: English
• Published: Animo Repository 2014
• Online Access: https://animorepository.dlsu.edu.ph/etd_masteral/4637
• Institution: De La Salle University

This study intended to determine the relationship between environmental activities and firms financial performance in the publicly listed industrial sector. Environmental activities were properly coded according to their disclosure and used as independent variables. Financial performance was measured in terms of return on equity, return on assets and earnings per share. A total of 60 companies were used and their annual reports and audited financial Statements including the Osiris database. The study made used of both descriptive and correlation analyses to determine whether a significant relationship exists between environmental activities and firms financial performance. Based on the study findings, there is negligible no significance between the variables. The p-values in the study exceeded the 0.05, this indicate that the correlation coefficients are not significant, which means that they do not contribute any evidence that a relationship exists between environmental activities and firms financial performance.