Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 207

Article in Press

Social and environmental disclosures and holistic growth in the positive accounting theory (pat) view

Fasua Henry Kehinde

  •  Received: 29 January 2017
  •  Accepted: 07 April 2017
This study examines firm social and environmental disclosure, and holistic growth using the Positive Accounting Theory. Specifically, the study investigates the relationship that exists between firm social responsibility and return on asset, leverage, as well as firm size. The data for this study were collected from secondary source which were obtained from the audited financial statements as well as accounts of the listed Deposit Money Banks in Nigeria. The study is descriptive, and highly empirical as it embraces the use of panel regression technique as tool of analysis. The result of regression analysis reveals that company social and environmental disclosure is related to: return on assets (ROA), firm size, as well as leverage. Therefore, the outcomes confirm positive relationship between the political cost hypothesis, and bonus plan hypothesis while association with debt/equity proposition is negative. The study recommends effective disclosure of firm social responsibility which is capable of bringing about holistic growth.

Keywords: Firm social and environmental disclosure, bonus plan hypothesis, political cost hypothesis, debt/equity hypothesis, positive accounting theory.