Author(s)

Md. Nazrul Islam¹, Md. Minhaj Uddin^1*, Syed Zabid Hossain²

¹Department of Accounting and Information Systems, Jatiya Kabi Kazi Nazrul Islam University, Trishal, Bangladesh.
²Department of Accounting and Information Systems, Rajshahi University, Rajshahi, Bangladesh.

The study investigates how environmental reporting impacts the performance of the Dhaka Stock Exchange (DSE) listed firms in Bangladesh. Data for the study was obtained using a random sampling technique from the annual reports of 177 companies listed on the DSE till the end of 2021. The results obtained from the multiple regression analysis show that environmental disclosers positively and significantly impact the market performance measured by the market performance tool, Tobin’s Q (TQ). However, the findings also imply that environmental disclosures are insignificant to impact on the firm financial performance assessed by return on equity (ROE) and earnings per share (EPS). The results show critical insights that can be used by DSE-listed firms, marketers, policymakers, shareholders, and stakeholders to maximize the advantages of environmental reporting.

Environmental Reporting, Return on Equity, Return on Assets, Tobin’s Q, Firm Performance, Bangladesh

Islam, M. , Uddin, M. and Hossain, S. (2024) Do Environmental Reporting Practices Impact Firm Performance in Bangladesh? An Empirical Perspective. Open Journal of Accounting, 13, 15-31. doi: 10.4236/ojacct.2024.132002.