DOI: 10.36347/sjebm.2018.v05i09.006

Pages: 854-863

This study examined the effect of firm characteristics on corporate environmental performance of quoted industrial goods firms in Nigeria. Specifically, the study examined the effect of firm size, profitability and firm age on waste management cost of the industrial goods firms. The study adopted the ex-post facto research design. Population and sample size of the study is made up of eleven industrial goods firms quoted on the Nigerian stock exchange as at the year, 2017. This study utilized secondary data sourced from annual reports and accounts of the sampled firms for the study period, 2008-2017. Data analysis was done using Pearson correlation coefficient and Multivariate regression analysis. Findings of the study revealed that firm attributes (firm size, profitability and firm age) have a significant and positive effect on environmental performance (measured by waste management cost) at 5% significant level. Based on this, it was recommended that considering the need to gain competitive advantage and boost firm value, industrial goods firms should address issues partaking to environmental management by developing business models and strategies that will ensure environmental sustainability.