Abstract
The present study aims at examining the level of environmental awareness in the management of tourism and hotels companies listed in the Amman Stock Exchange, its role in the application of environmental accounting disclosure, and to examine the impact of investment decisions on environmental accounting disclosure. To achieve this objective, a sample is chosen from two categories: tourism and hotels management category which consists of 12 financial managers and a major accountant in those companies, and the category of investors in these industrial companies which consists of 47 investors are randomly selected. In order to collect the data, a questionnaire is distributed to each of the hospitality companies and investors in these companies. The study shows that there is a good level of environmental awareness among the management of companies. However, there is a fear of applying the environmental accounting disclosure due to the lack of certainty of the importance of application and the benefits of it, and the lack of appropriate qualification of accountants to apply environmental accounting disclosure. The study shows that there is a real presence of environmental legislation, but there is a large deficiency in the activation of such legislation. Keywords: Environmental Accounting, Amman Stock Exchange, environmental awareness , JEL Classifications: Q56,R 50,Q0 DOI: https://doi.org/10.32479/ijeep.8608
Highlights
The issues of environmental accounting and disclosure of environmental accounting information have been a growing issue in recent decades in response to societal pressures stemming from increased environmental awareness of individuals and organizations
The study aims to identify the role of environmental awareness in the application of environmental accounting disclosure and its importance to investors in industrial public shareholding companies
Referring to the analysis of the data and testing hypotheses, the researcher can conclude the most important conclusions: The management of companies has sufficient awareness of the importance of environmental accounting and the application of environmental accounting, but at the same time, this awareness may be accompanied by the lack of appropriate experience and qualification for the application of accounting environment and environmental accounting disclosure
Summary
The issues of environmental accounting and disclosure of environmental accounting information have been a growing issue in recent decades in response to societal pressures stemming from increased environmental awareness of individuals and organizations. As a result of the absence of standards, laws and regulations that require companies to disclose environmental accounting information. This lead to the contrariety of scope and importance of this information.this study explains the effect of this environmental accounting information on an external party about the company (the investor). This study will attempt to measure the environmental awareness and its contribution to the application of environmental accounting disclosure and investor’s decisions in Amman stock exchange. These three dimensions are not available in any previous study (to the best knowledge of the researcher)
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