International Journal of Social Science & Economic Research
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Title:
A COMPARATIVE STUDY OF ENVIRONMENTAL ACCOUNTING PRACTICES BETWEEN MULTINATIONAL COMPANIES AND INDIAN COMPANIES

Authors:
Ramesh L , Prof. J. Madegowda

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Ramesh L1 , Prof. J. Madegowda2
1. Assistant Professor, Department of Commerce, Government First Grade College, Holalkere (Karnataka).
2. Chairman, Department of Commerce, Kuvempu University, JnanaSahyadri, Shankaraghatta-577451(Karnataka).

MLA 8
Nayaka L, Ramesh, and Prof. J. Madegowda. "A COMPARATIVE STUDY OF ENVIRONMENTAL ACCOUNTING PRACTICES BETWEEN MULTINATIONAL COMPANIES AND INDIAN COMPANIES." Int. j. of Social Science and Economic Research, vol. 4, no. 5, May 2019, pp. 3335-3353, ijsser.org/more2019.php?id=250. Accessed May 2019.
APA
Nayaka L, R., & Madegowda, P. (2019, May). A COMPARATIVE STUDY OF ENVIRONMENTAL ACCOUNTING PRACTICES BETWEEN MULTINATIONAL COMPANIES AND INDIAN COMPANIES. Int. j. of Social Science and Economic Research, 4(5), 3335-3353. Retrieved from ijsser.org/more2019.php?id=250
Chicago
Nayaka L, Ramesh, and Prof. J. Madegowda. "A COMPARATIVE STUDY OF ENVIRONMENTAL ACCOUNTING PRACTICES BETWEEN MULTINATIONAL COMPANIES AND INDIAN COMPANIES." Int. j. of Social Science and Economic Research 4, no. 5 (May 2019), 3335-3353. Accessed May, 2019. ijsser.org/more2019.php?id=250.

References

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[1]. PahujaShuchi., "Environmental Accounting and Reporting - Theory, Law and Empirical Evidence", New Century Publications, September 2009.
[2]. Alok Kumar Pramanik., 'Environmental Accounting and Reporting', Deep and Deep Publication Pvt Ltd, 2002.
[3]. K.Aswathappa, "Essentials of Business Environment" Himalaya Publishing House, Eleventh Revised Edition.
[4]. N. Das Gupta: "Environmental Accounting", S.Chand and Company Ltd, 2nd Edition, 2005.
Thesis
[1]. V.S.Jaganathan . "A study of Environmental Accounting and Reporting- An Empirical Analysis"
Websites
[1]. https://www.trendrr.net/1663/best-japanese-companies-india-largest-famous-top-10-list/
[2]. http://www.hitachi.com/csr/environment/2015plan.html
[3]. http://www.mitsubishicorp.com/jp/en/ir/library/ar/
[4]. http://www.mitsubishielectric.com/company/environment/report/index.html
[5]. http://annualreports.com/Company/toshiba-corp
[6]. https://www.toshiba-india.com/
[7]. http://www.canon.co.in/home?languageCode=EN
[8]. http://www.toyotabharat.com/
[9]. https://www.yamaha.com/en/csr/environment/accounting/
[10]. http://www.sony.co.in/
[11]. http://www.panasonic.com/global/corporate/ir/pdf/panasonic_ar2015_e.pdf
[12]. http://yes.honda.co.in/honda-motorcycle-scooter.aspx
[13]. https://honda2wheelersindia.com/about-us/environment
[14]. http://listz.in/top-10-japanese-companies-in-india.html
[15]. https://www.gistindia.org/
[16]. http://pib.nic.in/newsite/PrintRelease.aspx?relid=156182,dt 14.11.2017.
[17]. http://www.indiaenvironmentportal.org.in/content/448308/the-lancet-commission-on-pollution-and-health/
[18]. http://www.legalserviceindia.com/articles/eco_gr.htm, Dt 21/10/2017, 10.20AM.
[19]. https://en.wikipedia.org/wiki/Convention_on_Biological_Diversity
[20]. Used SPSS 20.free trial package.
[21]. http://www.trendingtopmost.com/worlds-popular-list-top-10/2017-2018-2019-2020-2021/business/japanese-companies-india-world-famous-best-largest-revenue-market-cap/#01_Suzuki

Abstract:
An industries are integral part of the society and economy. In fact, they have succeeded in expanding their business worldwide, substantially over the years. Through their contribution to the economic development is commendable, but the growth of these industries leads to many environmental issues by its uncontrolled emission. In fact, Industry's impact on society are not considered while determining financial position of the company and even determining the Gross Domestic Product of a nation, and moreover, it consumes very less space in the annual reports of an Indian company. Against this background, the present study makes an attempt to evaluate the environmental accounting practices of selected Japan origin Indian companies and Indian companies. Samples are drawn from 20 industries (10 Japan Multinational Companies, 10 Indian companies) from various sectors, such as, Automobiles, Electricals, Banking Service, Information Technology and Infrastructure. The study is based on annual reports, sustainability report, environmental report and corporate responsibility report of selected industries for the year 2018. The hypothesis have analyzed with the help of 't' test and it tested at 95% significance level to evaluate the results of environmental accounting, environmental cost, and environmental benefit variables. The result shows there is a significant difference in environmental accounting practice and also shows that environmental issues are found very less in the annual report of the companies.