Abstract
Environmental Accounting is an emerging concept in Iraq. Therefore, this study examines the theoretical framework for the concept and aimed to investigate the impact of environmental cost accounting on the financial performance of oil companies in Iraq. The research used only secondary data over a ten-year period (2010-2020). The time-series data were collected from the financial statements of selected oil companies that are operating in Iraq under licences granted by the Ministry of Oil in Baghdad. The statistical tool used for data analysis is the EViews version 10. and analyzed using regression analysis. The statistical analysis results indicate that the three environmental cost variables have an impact on the financial performance of oil companies which was measured by ROA. The study recommended that the environmental performance of the firms should be considered one of the important axes in evaluating their performance. Thus, work to issue laws, regulations and instructions that require firms to abide by international standards related to the protection of the environment and society from pollution.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
