Strategic Management and Environmental Disclosure of Listed Consumer Goods Companies in Nigeria

Author

Chikwelu Maduabuchi Mbonu; Nestor Ndubuisi Amahalu


Abstract

This study sought to ascertain the nexus between Strategic Management and Environmental Disclosure of consumer goods companies listed on Nigeria Stock Exchange between 2011 and 2022. Benchmarking, Total Quality Management, Activity-Based Costing and Outsourcing served as proxies for Strategic Management, while Waste Management Cost Disclosure was used to measure Environmental Cost Disclosure. Both primary and secondary data were used in this study. Correlational survey design and ex-post facto research design were adopted. Purposively and simple random sampling techniques were used to select a sample eleven (11) consumer goods firms and 36 staff of the sampled firms. Pearson Correlation Coefficient and Ordinary Least Square Regression (OLS) analysis via STATA 13 statistical software were used to test the hypotheses of the study. The result of this study showed that Benchmarking, Total Quality Management, Activity-Based Costing and Outsourcing have a significant positive effect on Waste Management Cost Disclosure at 5% level of significance respectively. This study therefore recommends inter alia that manufacturing firms should fully adopt strategic management techniques since it decreases environmental costs significantly and improve environmental performance.


Keywords

Back Flush Accounting, Just-In-Time Procurement, Activity Based Costing, Environmental Disclosure



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References


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