ENVIRONMENTAL ACCOUNTING INFORMATION AND INVESTMENT DECISION MAKING IN THE OIL INDUSTRY (A CASE STUDY OF RAINOIL LIMITED)

ABSTRACT This research project focuses on Environmental Accounting Information and Investment Decision Making in oil industry in Nigeria. The researcher desires to reflect the positive impact which Environmental Accounting can have, when incorporate into information and investment decision making in Nigeria, and to find out if the information is adequate, Relevant and complete enough to aid investment decision making by potential investors. Review of relevant literature was carried so as to get a deeper insight and proper understanding of the subject matter; 100 questionnaires were administered and 80 respondent, hypothesis were tested using binomial (Z) test. The result of the test proved that environmental accounting has a significant relationship between environmental accounting information is inadequate and not complete enough to aid investment decision by potential investors.it is therefore suggested that environmental accounting should be embraced and integrated into the main stream and standardization in Nigeria. It is recommended that environmental accounting be introduced into the curriculum of tertiary institution in Nigeria in order to tap from the opportunities that are abound in choosing environmental accounting as career.