Open AccessThe Relationship between environmental Financial accounting practices and Financial performance of industrial listed companies in Palestine Stock Exchange
Author(s) -
Nedal Fareed Abdallah
Publication year - 2021
Publication title -
addaiyan journal of arts humanaties and social sciences
Language(s) - English
Resource type - Journals
ISSN - 2581-8783
DOI - 10.36099/ajahss.3.10.2
Subject(s) - stock exchange , palestine , business , accounting , finance , accounting management , accounting information system , ancient history , history
The research aimed to investigate the applicability of environmental financial accounting practices in the industrial listed companies in Palestine Exchange and to examine the relationship between the disclosure level of environmental financial accounting practices on the company’s financial performance. The research adopted the descriptive-analytical approach, and the analysis method involved a content analysis of the annual financial reports data which were collected from Industrial listed firms on the Palestine Stock Exchange for the period from 2015 to 2019, including the firms disclosed and not disclose EFAP. Ordinary least square (OLS), fixed effect model (FEM), and random effect model (REM) were employed for processing the data. The results reveal that there is a relationship between the EFAP and financial performance. In addition, there is a difference in financial performance between the group of firms disclosed and not disclosed EFAP. Based on the findings, some recommendations are given for motivating EFAP in the listed firms for improving financial performance.