The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019

A multitude of literature has been dedicated to researching the relationship between firms’ environmental impact and profitability. While there are numerous means to study this phenomenon, this paper aims to utilize eco-efficiency as a basis to measure the sustainability of entities and its impact o...

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Main Authors: Abad, Angelica Sarah E., Geniebla, Alexandra Uniss Q., Ma, Sabina Allen C., Olaño, Allen Joshua F.
Format: text
Language:English
Published: Animo Repository 2022
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Online Access:https://animorepository.dlsu.edu.ph/etdb_acc/16
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1048&context=etdb_acc
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etdb_acc-10482022-08-30T03:26:46Z The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019 Abad, Angelica Sarah E. Geniebla, Alexandra Uniss Q. Ma, Sabina Allen C. Olaño, Allen Joshua F. A multitude of literature has been dedicated to researching the relationship between firms’ environmental impact and profitability. While there are numerous means to study this phenomenon, this paper aims to utilize eco-efficiency as a basis to measure the sustainability of entities and its impact on the following financial ratios: return on assets (ROA), return on equity (ROE), and return on investment (ROI). Through the use of the Refinitiv Eikon database, this study collected data on these organizations' eco-efficiency indicators and matched their impact on the previously mentioned financial ratios. The research included large ASEAN-5 companies in the Refinitiv Eikon due to the significant impact of large firms on environmental issues as well as the scarcity of studies on the matter with regard to its applicability and relevance in the Southeast Asian region. The results of this study indicate that there is no significant relationship between eco-efficiency and firm profitability; however, in ASEAN-5 countries, the prevalence of the said relationship is very weak, which can be attributed to events with multi-sectoral impacts and investors’ uncertainty towards the concept of eco-efficiency. This leaves much room for ASEAN-5 countries to revisit their current policies on sustainability disclosures to encourage more firms to disclose this information and possibly even position themselves at the forefront of the global sustainability accounting movement. 2022-02-21T08:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/etdb_acc/16 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1048&context=etdb_acc Accountancy Bachelor's Thesis English Animo Repository Sustainable development Sustainability Ratio analysis Accounting
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Sustainable development
Sustainability
Ratio analysis
Accounting
spellingShingle Sustainable development
Sustainability
Ratio analysis
Accounting
Abad, Angelica Sarah E.
Geniebla, Alexandra Uniss Q.
Ma, Sabina Allen C.
Olaño, Allen Joshua F.
The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
description A multitude of literature has been dedicated to researching the relationship between firms’ environmental impact and profitability. While there are numerous means to study this phenomenon, this paper aims to utilize eco-efficiency as a basis to measure the sustainability of entities and its impact on the following financial ratios: return on assets (ROA), return on equity (ROE), and return on investment (ROI). Through the use of the Refinitiv Eikon database, this study collected data on these organizations' eco-efficiency indicators and matched their impact on the previously mentioned financial ratios. The research included large ASEAN-5 companies in the Refinitiv Eikon due to the significant impact of large firms on environmental issues as well as the scarcity of studies on the matter with regard to its applicability and relevance in the Southeast Asian region. The results of this study indicate that there is no significant relationship between eco-efficiency and firm profitability; however, in ASEAN-5 countries, the prevalence of the said relationship is very weak, which can be attributed to events with multi-sectoral impacts and investors’ uncertainty towards the concept of eco-efficiency. This leaves much room for ASEAN-5 countries to revisit their current policies on sustainability disclosures to encourage more firms to disclose this information and possibly even position themselves at the forefront of the global sustainability accounting movement.
format text
author Abad, Angelica Sarah E.
Geniebla, Alexandra Uniss Q.
Ma, Sabina Allen C.
Olaño, Allen Joshua F.
author_facet Abad, Angelica Sarah E.
Geniebla, Alexandra Uniss Q.
Ma, Sabina Allen C.
Olaño, Allen Joshua F.
author_sort Abad, Angelica Sarah E.
title The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
title_short The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
title_full The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
title_fullStr The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
title_full_unstemmed The effects of eco-efficiency on the profitability of ASEAN-5 companies from 2017-2019
title_sort effects of eco-efficiency on the profitability of asean-5 companies from 2017-2019
publisher Animo Repository
publishDate 2022
url https://animorepository.dlsu.edu.ph/etdb_acc/16
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1048&context=etdb_acc
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