Is Ownership structure really Influence Environmental Accounting and Disclosure Practices

Abstract

The rapid increase in economic activities in the world, more specifically the manufacturing firms use various natural resources for different kinds of manufacturing process. at the same time these manufacturing activities are accountable for pollution of environment, early times these manufacturing units have ignored the various waste treatment measures and regulatory norms stipulated by government were not followed this resulted in various types of pollution like soil, water, sound, air. Different legislations were made global, national and at regional levels. the main aim of the study is to know the whether ownership structure really influence the environmental accounting and disclosure practices or not. NIFTY has taken as a sample size for the study and in order to test the hypothesis various statistical tools like Annova, Levens Test and T test have been applied. The study found that there is no statistically significant difference between the environmental disclosure over two forms of ownership. Whether public ownership companies or private sector ownership companies there is no differences in their disclosure practices.