Application Of Environmental Management Accounting Research Articles

AKUNTANSI MANAJEMEN LINGKUNGAN, INOVASI HIJAU, DAN DAMPAKNYA TERHADAP KINERJA MANAJERIAL

Purpose: The study aims to explain how the application of environmental management accounting and green innovation affects managerial performance in manufacturing companies listed in the BEI in 2021. Methodology/approach: Research methods using explanatory methods. Of the 198 manufacturing companies sampled using purposive sampling, 60 companies obtained samples. Findings: Research results show that environmental management accounting has no impact on managerial performance, and product innovation has an impact on management performance. Environmental management accounting has no impact because some companies charge relatively small environmental costs. But in a descriptive analysis test on the mean value, it yields a minus value, which means that the accounting company's operating cash flow value in 2020 is smaller than in 2021, thus yielding a minus. Practical implications: This is because, at the time of the COVID pandemic, the results were in line with the triple bottom line theory, which measures the performance of a company in a comprehensive way by focusing on profit-making, social concerns, and environmental conservation. Originality/value: In Stakeholder Theory, companies determine and determine environmental management strategies and accounting that are able to maintain the interests of stakeholders, which later stakeholders can contribute to the company to improve company performance and value in the future. Green Innovation can also improve managerial performance by applying new technologies (hardware or software) related to production processes that will lead to energy efficiency, pollution reduction, waste recycling, environmentally friendly design and environmental management within the company

Application of Environmental Management Accounting in Increasing Product Innovation in Balado Salsabila Chips

Penelitian ini bertujuan untuk mengetahui Penerapan Akuntansi Manajemen Lingkungan dalam meningkatkan inovasi produk. Penelitian ini termasuk penelitian kualitatif dengan pendekatan deskriptif. Data yang digunakan adalah data primer yang diperoleh dari wawancara dengan Owner Keripik Singkong Salsabila yang beralamatkan di Jalan Bumi Andalas, Kubu Dalam Parak Karakah, Padang Timur . Hasil penelitian ini mengungkapkan bahwa Usaha Keripik Balado Salsabila dalam Penerapan Akuntansi Manajemen Lingkungan dan inovasi produk sudah cukup baik, namun masih ada beberapa hal yang harus diterapkan berkaitan dengan manajemen lingkungan, seperti laporan keuangan dan sistem limbah. Walaupun demikian Owner Keripik Balado Salsabila telah memberikan informasi dengan baik sehingga memberikan kendali terhadap aktivitas lingkungannya.

Analisis penerapan akuntansi manajemen lingkungan pada UD. SUMU di Manado

This study aims to determine the application of environmental management accounting of the UD. Sumu in Manado. The research method used in this research is descriptive qualitative. The results of the research obtained Environmental costs related to waste management are costs that arise from activities related to the management of production waste to prevent environmental pollution. Waste management plays a crucial role in company operations. UD. Sumu has carried out the accounting process for waste management costs. Although UD. Sumu has recorded environmental costs by allocating funds for waste handling, but the reporting of these costs still does not meet the applicable standards. The company, in carrying out its operations, is committed to not producing negative impacts on the environment. So far, UD. Sumu has not specifically recorded its environmental activities as part of environmental costs, especially prevention costs.

Analisis penerapan akuntansi manajemen lingkungan pada perusahaan sub sektor kayu dan pengolahannya di Bursa Efek Indonesia (BEI) dan kesesuaiannya dengan Standard Global Reporting Initiative (GRI)

Poor company environmental management requires an Environmental Management Accounting system as environmental control which is used to identify, assess, measure and present waste management costs from operational activities. This research aims to find out whether the application of environmental management accounting in the reporting of manufacturing companies in the wood and processing sub-sector is in accordance with global reporting initiative standards. The method used in this research is a qualitative descriptive approach, so it can be seen whether the environmental management accounting system and sustainability reports of manufacturing companies in the wood and processing sub-sector have been presented properly and correctly. Based on the research results, it can be concluded that 4 companies in the wood sub-sector manufacturing and processing companies listed on the Indonesia Stock Exchange (BEI) are in accordance with the Global Reporting Initiative (GRI) Standard and only one company provides an internal failure environmental cost report.

Application of environmental management accounting and strategy to company innovation with research and development effort and company size as control variables

The global industrial world is significantly impacted by technological advancements, necessitating the establishment of regulations to enhance organizational implementation inside companies and attain optimal objectives. The norms of management accounting provide the provision of precise information for strategic and tactical decision-making in management. The objective of this study is to analyze the direct and indirect impact of accounting, environmental management, and strategy on company innovation. The study will also consider research and development activities and company size as control factors. Primary data will be used for the analysis. The sample size for this study consisted of 155 employees. The investigation involved collecting 112 samples using the Slovin formula. The analysis approach employed was multiple linear regression analysis. The study findings indicate that all variables exert a favorable impact on firm innovation. Therefore, the utilization of environmental management accounting and the execution of strategies in a reputable company will result in multiple innovations and strategies, including the reduction of product waste pollution, mitigation of global warming impacts, heightened awareness of minimizing environmental costs that may harm the environment, and the creation of new prospects for producing impeccable quality products.

Environmental management accounting model in the hotel industry

The impact of tourism industry activities can cause various environmental problems that are detrimental to various parties. This is a social burden, which must be taken seriously. Environmental Management Accounting is a concept that helps companies contain business impacts in the form of monetary units. The application of Environmental Management Accounting helps companies deal with environmental problems by recording all production activities to be reported in the company's environmental cost report. Although until now there is no standard that requires full environmental accounting disclosure. The research methodology uses case studies. This research aims to develop a model in the form of an accounting policy that contains the concept; emphasize relationship patterns and clarify environmental management accounting practices in the hotel industry. Data analysis was carried out using the Miles and Huberman model. The research results show that environmental management accounting is still considered necessary because it does not affect the business climate. In addition, the relationship between a company's environmental performance presented in the company's accountability report and its financial or economic performance is still doubtful.

Profitability as a Moderator in the Implementation of Environmental Management Accounting for Corporate Sustainability

This study aims to examine the effect of implementing environmental management accounting on corporate sustainability moderated by company profitability in mining and manufacturing companies listed on the Indonesia Stock Exchange from 2019-2022. Environmental management accounting is measured by eco-efficiency, and company sustainability is measured by GRI standards using content analysis with a scoring approach in assessing environmental and social achievements. Profitability is measured by return on equity (ROE). This research uses a panel data method with a fixed effect model approach. The sampling technique was purposive sampling with the criteria of companies that publish annual reports, and disclose sustainability reporting successively during the 2019-2022 period so that a total of 33 companies were obtained. The research results show that there is a positive influence on the application of environmental management accounting on corporate sustainability strengthened by profitability as a moderator. The application of environmental management accounting can increase its influence on corporate sustainability when the company's profitability is high. This condition is expected to have an impact on achieving corporate sustainability by fulfilling economic, environmental, and social aspects by the triple bottom line concept as a pillar that can create a sustainable business.

Factors affecting the application of environment management accounting: Evidence from manufacturing enterprises

This study was conducted to identify and measure the factors affecting the applicability of environmental management accounting (EMA) in Vietnamese manufacturing enterprises. It was based on institution theory, contingency theory, stakeholder theory, and theory of planned behavior. The method used in this research is a mixed research method. The qualitative method was used by consulting 14 experts through a survey to check whether the factors and models established are appropriate in the current context in Vietnam. Then, the quantitative method was used to test the hypotheses developed from the qualitative research results. Data was collected from 238 manufacturing enterprises in Vietnam from July 2022 to November 2022. The results find seven factors affecting the application of EMA in Vietnamese manufacturing enterprises. There are recommendations to help enterprises improve their ability to apply EMA. This study contributes to enriching the previous literature in two ways. First, it extends the strand of research on EMA application in developing countries, such as Vietnam (Alkisher, 2013; Wachira, 2014), highlighting the role of EMA implementation in these countries. Second, it extends the research about the factors affecting the application of EMA in enterprises, especially in manufacturing enterprises (Jalaludin et al., 2011; Nguyen, 2019).

Analysis of Environmental Management Accounting Implementation in RSUD Dr. Saiful Anwar Malang

This review plans to examine the application of environmental management accounting (EMA) in RSUD Dr. Saiful Anwar Malang. It includes an analysis of the performance of RSUD Dr. Saiful Anwar Malang in terms of the environment, monetary information, and physical information of the application of EMA in hospitals. The examination method was descriptive qualitative. Information assortment procedures are perception, interviews, and documented information. The findings indicate that the hospital has implemented EMA based on the EMA framework) and environmental cost classification. In addition, the hospital has carried out waste management so well that there were no external costs. For the application of environmental accounting, the hospital has included environmental costs and general accounting theories and principles.

IMPLEMENTATION OF ENVIRONMNETAL MANAGEMENT ACCOUNTING (EMA) TO ACHIEVE COMPETITIVE ADVANTAGE

Environmental Management Accounting (EMA) is implemented to improve company's environmental performance. In the traditional accounting system, environmental management is always associated with costs that can reduce company profits. Unlike the case with EMA which makes environmental management an investment that is expected to increase profits while developing the company continuously to achieve competitive advantage. This study aims to analyze environmental management accounting in which can create a competitive advantage. The approach model used in this study is a theoretical approach. The results of the study explain that every company that carries out activities using environmentally friendly concepts through the implementation of Environmental Management Accounting (EMA) will have a higher value than other companies, because the implementation of Environmental Management Accounting (EMA) automatically companies have made good innovations on their products, production process and waste treatment. The conclusion of competitive advantage through the application of EMA can be viewed from the management strategy carried out by the company which includes a low cost strategy, differentiation strategy, focus strategy and innovation strategy

THE EFFECT OF ENVIRONMENTAL MANAGEMENT ACCOUNTING ON FIRM VALUE


 
 
 
 This research study aims to examine the effect of implementing environmental management accounting in increasing firm value in Tangerang Raya. This research uses a population of 2,579 manufacturing industrial companies in Banten province spread across Cilegon City, Serang Regency and City, Pandeglang City, Lebak City and Tangerang Raya. The samples were selected using predetermined criteria with quantitative methods. Based on the multiple linear regression testing that has been carried out, the following results are obtained: there is a significant positive effect between the material input aspect and the environmental complaint mechanism aspect on firm value. Furthermore, the results of non-output aspects of products and aspects of compliance have a significant negative effect on firm value. However, there are three aspects of the proxy for the application of environmental management accounting which consist of transportation aspects, other aspects, and supplier assessment aspects that have a positive and insignificant effect on firm value. Simultaneously, the effect of the application of environmental management accounting proxied through material input, environmental complaint mechanism, non-product output, compliance, transportation, supplier assessment and others have a significant effect on firm value.
 
 
 

The application of management accounting practices towards the sustainable development of family businesses: A critical review

The purpose of this study is to comprehensively review the extant literature on the application of management accounting practices (MAPs) to the sustainable development of family businesses (FBs), and to identify future research avenues. Academic interest in the field of MAPs in family businesses as well as the concept of sustainable development has been growing rapidly due to the fast-moving business landscape associated with environmental dynamism, particularly over the past two decades. Consequently, some authors claim that the heterogeneous characteristics of FBs apparently lead to a lower degree of information asymmetry, and that this, in-turn, may weaken the need for MAPs. On the other hand, some studies emphasise that the distinctive conflicts of interest in FBs and some contingent factors (for example, intense competition in the industry) are triggers for the adoption of MAPs by FBs. Given these mixed research outcomes and the absence of a comprehensive study that demonstrates the state-of-the-art in this research stream, this paper aims to review previously reported key works to thoroughly investigate the above mentioned factors with a view to exploring the existing knowledge gap. The holistic conclusion arrived at by the study points to the fact that there seems to have a considerable impact of family involvement on business performance achieved through the application of MAPs. Nonetheless, the impact of certain heterogeneous characteristics of FBs on the application of environmental management accounting (EMA) practices, which is a sub-stream of MAPs, is yet to be explored. • This paper provides a holistic review of the extant literature of MAPs for the sustainable development of FBs. • This paper explores on the economic and environmental aspects of sustainable development. • This is the first review of its kind on the application of MPSs for achieving the sustainable development of FBs. • This review was conducted under three major themes: antecedents, configurations, and outcomes.

Pengaruh Penerapan Environmental Management Accounting Terhadap Firm Value Pada Perusahaan Manufaktur di Tangerang Raya

This research study aims to examine the application of environmental management accounting in increasing firm value in Tangerang Raya. This research consists of a population of 2,579 Banten provincial companies spread across Cilegon City, Serang Regency and City, Pandeglang City, Lebak City and Tangerang Raya. The samples were selected using purposive sampling with quantitative methods. Based on the multiple linear regression testing that has been carried out, the following results are obtained: there is a significant positive effect between the material input aspect and the environmental complaint mechanism aspect on firm value. Furthermore, the results of non-output aspects of products and aspects of compliance have a significant negative effect on firm value. However, there are three aspects of the proxy for the application of environmental management accounting which consist of transportation aspects, other aspects, and supplier assessment aspects that have a positive and insignificant effect on firm value.

Application of environmental management accounting by small and medium enterprises in South Africa

By focusing on environmental management accounting in SMEs, the study helps SME managers to effectively understand and find better ways of improving environmental management. The paper investigates environmental management accounting applications in manufacturing small and medium enterprises in Gauteng province. Small and medium enterprises were chosen based on their exclusion from the mainstream research on environmental management accounting (EMA). To achieve the main aim of the study, 24 in-depth interviews were undertaken among SMEs’ managers, accountants, chief executive officers, and owners. The study found that physical EMA is more common in SMEs than monetary EMA. 77% of SMEs’ respondents confirm using physical environmental information in their operations. Therefore, SMEs prefer EMA practices with little cost or no cost attached and practices that can effectively generate returns in the short term. In addition, the avoidance of monetary EMA is anchored on the premise of avoiding costly projects with no immediate material financial returns. Therefore, EMA is critical for SMEs to achieve sustainability.

Factors Affecting an Application of Environmental Management Accounting: A Case Study of the Automobile Industry in Vietnam

Factors Affecting an Application of Environmental Management Accounting: A Case Study of the Automobile Industry in Vietnam

Pengaruh Penerapan Akuntansi Manajemen Lingkungan Terhadap Nilai Perusahaan di Indonesia

This study aims to analyze the factors of environmental management accounting on firm value in West Java. The phenomenon of companies having high firm values was also found with conditions inversely proportional to the low practice of implementing environmental conservation responsibility. The population of this study were all manufacturing companies located in West Java for the period 2018-2019 and based on the purposive sampling method, a sample of 120 respondents was obtained. By using multiple linear regression analysis as a research method, it is found that there is a significant positive influence between the application of environmental management accounting which is proxied through the aspects of material input, transportation, supplier assessment, and other aspects of firm value. Besides, it is found that the results of a significant negative effect between the application of environmental management accounting are proxied through the aspects of non-product output, compliance, and environmental complaints mechanisms on firm value. Furthermore, based on the simultaneous test results, it was found that the application of environmental management accounting was proxied through the aspects of material input, non-product output, compliance aspects, transportation aspects, other aspects, supplier assessment, and environmental complaint mechanisms simultaneously affected on firm value. Agency theory was successfully applied in this study, this is indicated by the results obtained, namely, the application of environmental management accounting is proven to affect the level of firm value.

PENERAPAN AKUNTANSI MANAJEMEN LINGKUNGAN TERHADAP KINERJA KEUANGAN: KINERJA LINGKUNGAN SEBAGAI PEMEDIASI

This study aims to examine the mediating effect of environmental performance on the link between environmental management accounting and financial performance. The research sample is 29 companies listed in Indonesia Stock Exchange for the period 2017-2018. The data analysis technique used are path analysis and sobel test with Statistical Package for Social Sciences (SPSS) 22 programs. The result of this research show that the application of environmental management accounting has no effect on environmental performance and environmental performance has no effect on financial performance, so it can be conclude that environmental performance cannot mediate the relationship between environmental management accounting and financial performance.

THE USE OF ENVIRONMENTAL MANAGEMENT ACCOUNTING IN CHINA’S MANUFACTURING INDUSTRY

With the increased number of environmental problems in the global scope, the application of environmental management accounting (EMA) in enterprises had attracted constant attention all over the world. Even though EMA has become in the world a new and hot research direction, China’s application of EMA research was relatively small. With the strengthening of environmental protection work in China, the Chinese government and enterprises had tried to accept the use of EMA and gradually caught up with the pace of international environment requirements. Previous studies showed the level of adoption and implementation of EMA was still weak, especially in developing countries. A current paper showed results of a pilot research on manufacturing companies conducted in China. Although some studies questioned the extent of the use of EMA, the findings of the research suggested that the use of EMA had potential for further development in China. However, this study is a pilot study, thus the sample size was considered insufficient but a future study had been suggested to produce more accurate results and findings.

ENVIRONMENTAL MANAGEMENT ACCOUNTING: THE CASE OF THE RUBBER TIRE MANUFACTURING COMPANY IN VIET NAM

In the last decades, the concept of sustainable development has been a popular subject in academic researches and the business community. To be considered as a sustainable business, becoming an environmentally friendly organization is critical. Environmental management accounting is an important tool to help enterprises to reach this goal. However, the application of environmental management accounting in Vietnam is still low in comparison to its role. The paper uses a case-study method that chooses a tire manufacturing company in central Vietnam to identify environmental cost, apply material flow accounting cost, and build criteria for environmental performance evaluation. The suggestion for the improvement of environmental management accounting implementation in Vietnam is also discussed. This study hopes to contribute to the popularization of environmental management accounting in the Vietnam business community.

The Study on Environmental Management Accounting: ISO 14000 in Determining the Preventive Environmental Costs

The objective of this study is to examine the problem of lack of awareness by organizations of the importance of environmental management accounting and its role in determining environmental costs, improving environmental performance and the lack of interest in the environmental management system which is considered environmental management accounting one of its tools, in the words Others, the actual impact of the EMS is somewhat low. Defining the concept of environmental management accounting in general, and environmental costs represented by the costs of environmental protection the costs of treatment emissions treatment and wastewater treatment using the environmental management accounting methodology. The need for environmental management accounting emerged due to the failure of traditional administrative-accounting in accounting. On environmental costs, which are allocated to calculating indirect industrial expenses instead of allocating them directly to the operations, products or activities that generated those costs one of the difficulties facing the application of environmental management accounting is the lack of a unified definition of environmental costs, each company classifies environmental costs according to their circumstances.