The Impact of Carbon Emissions on Corporate Financial Performance: Evidence from the South African Firms
Fortune Ganda; K. Milondzo · 2018 · Sustainability
WASTE classifies this as Negative / Null Result Report · AI classification, approximate
The study found no significant effect — useful as a negative control or null benchmark for your own design.
Abstract
The impact of carbon emissions on corporate financial performance within the African corporate setting has remained open and inconclusive, owing primarily to the unavailability of data. However, this paper examines the effect of carbon emissions (Scope 1, Scope 2, and Scope 1 and 2) on the financial performance (ROE, ROI, and ROS) of 63 South African CDP companies for the 2015 fiscal year. Using multiple regression techniques, the paper found overwhelming evidence of a negative relationship between carbon emissions and corporate financial performance. Thus, results indicate that companies whic
Abstract by Fortune Ganda; K. Milondzo, Sustainability (2018) — licensed CC BY 4.0.
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Metadata source: OpenAlex · DOI 10.3390/su10072398