Comparative Study on Sustainability Balanced Score Card (Susbsc) and Firm Value

: This work was done to carry a comparative study on the effect of Sustainability Balanced Scorecard (SUSBSC)on Firm Value among manufacturing firms listed on the Stock Exchanges of Nigeria and South Africa. The research design employed was the expo facto method.The study depended wholly on secondary data collected from the annual reports and account of the selected manufacturing companies from the year 2009-2018. Descriptive statistics and correlation matrix were employed alongside the pooled regression to investigate the relationship between Sustainability Balanced Scorecard and Firm Value. The results based on our findings revealed that Balanced Scorecard Financial perspective, measured as Return on Assets (ROA) when regressed as standalone variable with other variables, has a positive effect on firm value of quoted manufacturing firms in both Nigeria and South Africa though it is statistically significant in influencing manufacturing firms in Nigeria, it is not significant in South Africa. The study based on the findings recommends that looking at the statistically significant influence of SUSBSC in Nigeria, managers should take seriously the issue of SUSBSC and that managers who wishes to improve their firm value through sustainability activities should engage on less or moderately cost environmental sustainability activities in Nigeria. This will make such firms to engage on more or a wide spread sustainability activity that will impact lives positively thereby increased their firm values while in South Africa, managers may not put much effort in using sustainability balanced scorecard in increasing their firm values as this has insignificant effect on firm value.