http://hdl.handle.net/10386/1940 Theses and Dissertations (Accounting & Auditing) Tue, 07 Apr 2026 07:16:04 GMT 2026-04-07T07:16:04Z http://hdl.handle.net/10386/5411 A framework for eco-efficiency and financial performance in food and beverage companies listed in the Johannesburg Stock Exchange Malapa, Dimakatso Hellen The manufacturing sector is generally seen as the greatest polluter, and as a result, there is a growing concern about environmental problems caused by their manufacturing processes. In spite of the global call for industries to engage in eco-efficient practices due to the sector being rated the greatest contributor to environmental pollution, manufacturing companies continue to emit carbon, consume water, energy, and available natural resources excessively, causing a serious peril to the globe. Given that manufacturing industries can benefit financially from eco-efficiency practices, this study therefore examined the relationship between eco-efficiency and financial performance of selected JSE listed food and beverage manufacturing companies. The study employed the multiple linear regression analysis (MLRA) to analyse secondary data from annual integrated reports and the ordinary least square (OLS) method to analyse quantitative primary data from CFOs and EOs of the 14 food and beverage manufacturing companies listed in the Johannesburg Stock Exchange (JSE) in South Africa for 10 years (2012- 2021). MLRA results showed a positive yet insignificant relationship between energy conservation and financial performance variables and a positive yet insignificant relationship between water conservation and financial performance variables. In addition, OLS results showed a positive yet insignificant relationship between waste reduction and financial performance variables. The study recommends future research on a broader industrial study. The study further recommends future research on the effect of ecoefficiency variables on other corporate financial and non-financial success indicators. In addition, future researchers can extend the panel years to a period more than 10 years to check if the investments in eco-efficiency might significantly affect financial performance. Lastly, the researcher recommends that the survey be extended to the executive members and the company managers and that other analysis methods be used as an extension to the analysis used in this study. Thesis (Ph.D.Com. (Accounting)) -- University of Limpopo, 2024 Mon, 01 Jan 2024 00:00:00 GMT http://hdl.handle.net/10386/5411 2024-01-01T00:00:00Z http://hdl.handle.net/10386/5024 A framework for corporate sustainability investment, resource efficiency and profitability of companies listed in FTSE/JSE responsible investment index Nakeng, Mancheleng Vanessa Corporate sustainability rank among leading factors in the agenda for many companies, given that they are compelled to report on it. Thus, companies make investments in activities that concern corporate sustainability to enforce compliance but make profits. Therefore, this study evaluated the effect of corporate sustainability investment (environmental investment and social investment) on resource efficiency (water and energy consumption) and profitability (net profit and asset return) of companies listed in the FTSE/JSE Responsible Investment Index. The study adopted quantitative and qualitative methods to generate primary data and secondary data. The primary data was collected through questionnaires while the secondary data was collected from annual integrated reports of participant companies. The secondary data was analysed through multiple regression statistics, and primary data was analysed through thematic analysis. Findings from this study indicate that environmental sustainability investment (renewable energy investment, water investment and recycling investment) negatively affected resource efficiency (water consumption and energy consumption). Also, there existed a positive relationship between corporate social investment and resource efficiency, a positive impact of corporate environmental investment on profitability, and a positive influence of corporate social investment on profitability. Moreover, corporate profitability and eco-efficiency motivated investment in sustainability. Based on these findings, the study contributes to knowledge by developing a new framework of corporate sustainability investment, resource efficiency and profitability. The study recommends that companies should intensify their investment in corporate sustainability to assist in environmental resource conservation and increase in profitability. Furthermore, this study recommend that other research apply the developed framework in wider research across other industries. Thesis (Ph. D. (Accounting)) -- University of Limpopo, 2025 Wed, 01 Jan 2025 00:00:00 GMT http://hdl.handle.net/10386/5024 2025-01-01T00:00:00Z http://hdl.handle.net/10386/4281 The effect of corporate environmental investments on shareholder value in selected JSE SRI listed mining companies Chitepo, Kevin Tinashe Corporate environmental investments have traditionally been deemed to be an unnecessary cost to companies because of perceived or no significant return on investment. However, recent literature is highlighting financial benefits accruing from environmental investments. This study investigates the relationship between corporate environmental investment and shareholder value. The study uses the stakeholder and legitimacy theory to define the company‟s engagement with its external society and environment. From that perspective, the study examines the effect of corporate environmental investment on carbon emissions, hazardous solid waste disposal and company share price. Panel data multiple regression was used to investigate the relationship between the variables under study. Findings show a significant positive relationship between investment in carbon emissions and share price while there is an insignificant negative relationship between investment in hazardous solid waste and share price. The study contributes to the notion that reducing the environmental footprint generates positive shareholder gains by bringing new evidence from the South African mining industry. Further studies can be performed with company profitability as a measure of financial performance and further in a different sector such as manufacturing. Thesis (M.COM. (Accounting)) -- University of Limpopo, 2017 Sun, 01 Jan 2017 00:00:00 GMT http://hdl.handle.net/10386/4281 2017-01-01T00:00:00Z http://hdl.handle.net/10386/4219 Sustainability performance and financial performance in selected Johannesburg Stock Exchange listed companies Moswatsi, Kgorompe Michael The corporate sustainability performance (CSP) journey is coupled with many complex issues which have subsequently eliminated the boundary between legal and discretionary social practices. In South African JSE SRI listed organisations, sustainability performance programmes are regarded as tools for redressing socio-economic disparities. However, the influence of sustainability performance on organisations‟ financial performance becomes a vital notion in contemporary sustainable development debates as evidenced by extensive inconclusive literature that has its long roots in the research field. The aim of the study is to examine how corporate sustainability performance influences organisations‟ financial performance which is return on assets (ROA). Through content analysis, secondary data were extracted from annual integrated reports of 175 purposively sampled South African organisations registered on the Johannesburg Stock Exchange (JSE SRI Index) for the years 2009-2019. The study employs cross-sectional time series feasible generalised least regression (FGLS) to test the correlation between the dimensions of corporate sustainability performance and return on assets as a proxy for organisational financial performance. The study results confirm that employees‟ health and safety sustainability performance programmes have a significant and positive impact on return on assets, whereas CSP programmes in community social activities have a positive and significant influence on return on assets. An insignificant relationship exists between Eco-investments (socially responsible investments) and return on assets (ROA). The study concluded that there is a significant association between CSP and ROA. The findings further confirm that control variables (leverage ratio, current ratio, total assets turnover, operating profit margin and price earnings ratio) have an effect on the correlation between CSP and ROA. The results have potential implications for corporate sustainability performance policy makers in South Africa, and contribute to corporate sustainability performance/organisations‟ financial performance debate. The study further stresses that continuous review of CSP policies is imperative to ensure that sustainable business practices are achieved. Thesis (M.Com. (Accounting)) -- University of Limpopo, 2022 Sat, 01 Jan 2022 00:00:00 GMT http://hdl.handle.net/10386/4219 2022-01-01T00:00:00Z