Environmental Accounting Practices and Investment Decisions. Decision of Quoted Food and Beverage Companies in Nigeria

Bachelor Thesis from the year 2019 in the subject Business economics - Accounting and Taxes, grade: 87, Babcock University (babcock university), course: Acounting, language: English, abstract: This study examines the effect of environmental accounting practices on investment decision of quoted food and beverage companies in Nigeria. The study employed the ex post facto research design. The population consisted of 23 quoted food and beverage companies in Nigeria as at 31st December 2018 according to Nigeria Stock Exchange (NSE). The sample size consisted of 10 food and beverages companies in Nigeria. It employed the convenience sampling technique in selection of the sampled companies under investigation. Data from the research were obtained from financial statements and annual reports of the sampled companies. Validity and Reliability were premised on statutory audit of the financial statements. Data were analysed through descriptive and inferential statistics. Investment decisions are as old as man and is now veiled in the mystery of antiquity. The choice is born out of a desire to make way for the future or to plan for rainy days. Under traditional financial theory, investors are called cautious wealth maximizers, adopting basic financial rules and basing their investment decisions solely on risk-return considerations. Studies further revealed that factors are not necessary to influence investment decisions.