Abstract:
This research focused on the Environmental Accounting practices (disclosures) and
the firm financial performance of the selected listed Construction and Manufacturing
companies in Sri Lanka. The main objective of this research is to investigate the
present state of environmental reporting practice of Sri Lankan listed companies and
to show the relationship between EA disclosure level and financial performance of
the selected companies.
Environmental Accounting disclosures and financial performance are being the main
variable. GRI Guidelines were used as independent variable and also financial
performance as dependent variable. Material, Energy, Water, Biodiversity and
Emissions are used as environmental accounting disclosure aspects. All the
companies listed in Colombo Stock Exchange under Manufacturing and Construction
sectors were considered in this research. As well as the methodology follows the
content analysis. The target population was 04 listed construction companies and 45
listed manufacturing companies. Both qualitative and quantitative data were collected
using annual reports.
The findings of this research indicate that the environmental disclosure practice of
listed Manufacturing and Construction companies in Sri Lanka is not at a satisfactory
level. But there is a significant relationship between EA disclosure level and firm
financial performance
