Environment Management Accounting and Financial Performance in Uganda; A Case of Hima Cement Limited
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Date
2019-07
Authors
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Journal ISSN
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Publisher
Kampala International University, College of Economics and Management.
Abstract
The study sought to examine environmental management accounting and financial
performance in Uganda: A case study of Hima Cement Limited. The study objectives were;
to determine the relationship between environmental accounting information and the
perceived financial performance of Hima Cement Limited, to determine the relationship
between compliance of environmental reporting laws and perceived financial performance of
Hima Cement Limited and to determine the relationship between tracking of environmental
cost saving and perceived financial performance of Hima Cement Limited. The study adopted
correlational research design. The qualitative approach was used to collect and analyze data on
the study topic. This design was used because it brought out clearly the relationship between
the two variables, the study was specifically non-experimental because the researcher
wanted to describe and make observations of what the real results would be for purposes of
making decisions based on the facts to improve the situation. The target population was 100
and it comprised of staff and members of Hima Cement Ltd. These included 5 Accounting
officers, 4 Marketing officers, 8 Operations staff, 10 Field officers, 2 Business Development
officers, 3 Top authorities of Hima Cement Ltd and 68 Clients of Hima Cement Ltd. The
rational was that all the above are stakeholders. The sample size of the study consists of 80 of
target population and was determined through purposive and random sampling methods. Data
was collected from primary and secondary sources using questionnaires and interviews. After
collecting data, the researcher organized well-answered questionnaire, data was edited and
sorted for the next stage. The data was presented in tabular form, pie charts and bar graphs
with frequencies and percentages. The study found out that the responses show that 52
(77.6%) respondents were male and the 15 (22.4%) were females. This shows that the
number of males were higher than that of females. This shows that there is gender
discrimination in the study area. It was concluded that there is a positive significant
relationship between environmental accounting information and financial performance of
Hima Cement Ltd. (r=0.465, p<O.OS). This indicated by Pearson correlation of 0.465 and
significance of 0.000 and this rejects hypothesis and thus positive significant relationship.
The study recommends that it is necessary that all the stakeholders (including investors and
other interest groups like research students) are provided with all information regarding the
activities of the company. This can be by way of weekly bulletins, worker education,
stakeholder seminars and company management participation in public talk shows.
Description
A Research Report Submitted to The College of Economics and Management in Partial Fulfillment of The Requirements for The Award of a Degree of Bachelor of Business Administration (Accounting and Finance) Of Kampala International University
Keywords
Environment Management, Financial Performance