Policy Instruments, Administrative Expenses and Environmental Sustainability Accounting: An Analysis of BUA Cement Sokoto
Keywords:Environmental policy instruments, administrative expenses, environmental sustainability accounting
Environmental policy instruments are measures put in place by the government to public or private organizations regarding the effects of human activities on the environment, particularly those measures that are designed to prevent or reduce harmful effects of human activities on ecosystems. This paper empirically examined the interaction effect of environmental policy instruments and administrative expenses on environmental sustainability accounting in BUA Cement Sokoto Plant. The paper used secondary sources of data from annual reports of BUA Cement Sokoto Plant, covering a period of 10 years (2012 to 2021). Auto regressive Distributive Lag (ARDL) Model was employed as the techniques of analysis using Eviews. The findings of the paper revealed that environmental regulation has negative and insignificant effect on environmental sustainability accounting in both the long run and short run with p-values of (0.1806 and 0.9541) respectively at 10% level of significance. A Decreased use of regulations effect the regulatory compliance on environmental sustainability accounting. The paper contributes to the literature on environmental regulations on environmental accounting. The study therefore recommends that environmental regulation should appropriately enforce in order to make polluters pay environmental damaged they might have caused.
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