The Effect of Accounting Disclosure of Environmental Sustainability on The Company's Profitability:An Applied Study On Libyan Companies

Abstract

The research aims to study and test the impact of the relationship between the disclosure of the Environmental Sustainability of Libyan companies with its dimensions (Environmental Sustainability towards society, Environmental Sustainability towards employees, Environmental Sustainability towards the environment, Environmental Sustainability towards shareholders) and the profitability of the company. The recent changes facing the environmental Sustainability have contributed to the increasing interest of researchers and regulatory bodies in environmental issues and companies' disclosure of information. Environmental disclosure is an important component, but there are few studies on environmental disclosure. The researcher used the questionnaire for the purpose of achieving the goal of the research, and the research community consisted of all the employees of the Libyan companies, and a random sample was chosen from the study community, as (250) questionnaires were distributed, and the number of retrieved questionnaires reached (221) at a rate of (88.4%), and thus the number of questionnaires became The valid questionnaires that were subjected to statistical analysis are (221) questionnaires from the total number of distributed questionnaires. The results of the research showed that there is an effect of disclosing corporate Environmental Sustainability in its dimensions (Environmental Sustainability towards society, Environmental Sustainability towards employees, Environmental Sustainability towards the environment, Environmental Sustainability towards shareholders) on corporate profitability, and there is a statistically significant effect at a significant level (α≤0.05). For the disclosure of Environmental Sustainability towards society on the profitability of Libyan companies, and the existence of a statistically significant effect at the level of significance (α≤0.05) for the disclosure of Environmental Sustainability towards employees on the profitability of Libyan companies, And there is a statistically significant effect at a significant level (α≤0.05) for disclosing Environmental Sustainability towards the environment on the profitability of Libyan companies, and there is a statistically significant effect at a significant level (α≤0.05) for disclosing Environmental Sustainability towards shareholders on the profitability of Libyan companies