Social and Environmental Accounting Effect on Companies' Profit (An empirical study of some companies in Erbil)

Environmental Accounting, Firm Profitability, Environmental reporting, company financial performance

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July 14, 2018

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In the past two decades, the relations among environmental accountings information and company performances have pulled in critical research consideration. The effect of economic logical appears to be particularly inside the setting of deliberate accounting revelation and powerless state control experienced in creating economies. Therefore, the influence of environmental accounting on market execution has inspired a crucial number of empirical examines (Bowman and Haire, 1975; Vance, 1975; and Abbot and Monsen, 1979) done as ahead of timetable in the 1970s. Apparently, administration has an essential duty to stockholders, furthermore, their continuousness with pertinence depends on their capacity to create profound fortune.

The purpose of this study is to know whether (SEA), a company organization in Erbil, Kurdistan Region has an influence on profit.

This study, based on 50 local and international firms located in Erbil, KRG, were given a questionnaire, which was answered, by either the CFO or the accountant of the firm. This in an attempt to find out to what extent they care about the environment and society and if there are any governmental regulations and policies that needs to be followed and what affects this policy has on profits annually particularly in 2017.