Environmental Accounting Research Articles

Accountability for Environmental Human Rights Responsibilities of MNEs: The Case of Enterprises in China

In recent years, the role of MNEs in China's economic development has been significant, yet their activities have also led to environmental degradation and human rights abuses. This paper delves into the intricate issue of environmental human rights accountability of multinational enterprises (MNEs) operating in China and examines the theoretical underpinnings and practical challenges in holding MNEs accountable for their environmental human rights impacts. It begins by outlining the basic concepts of MNEs' environmental human rights responsibilities, drawing upon international and domestic legal frameworks. Subsequently, it analyzes the common areas of environmental degradation and human rights violations committed by MNEs in China, highlighting the complexities of jurisdiction and enforcement. The article further explores the difficulties in determining accountability and selecting appropriate jurisdictions for legal redress. Through a comparative analysis of existing legal mechanisms and international practices, the paper proposes recommendations for China and the international community to strengthen accountability mechanisms and enhance regulatory frameworks. Ultimately, the paper aims to contribute to the discourse on ensuring that MNEs operating in China fulfill their environmental human rights responsibilities.

Costos en la gestión ambiental: camino necesario a la sostenibilidad

Around the world, the importance of preserving the natural environment has been recognized, which has led to an increase in the expectations of various stakeholders involved. This process has driven the orientation that prioritizes sustainability. In this situation, the objective of this article is to promote environmental accounting as a necessary tool for environmental management, both in the business environment and on a global scale. The study consists of an exhaustive systematic review with a qualitative approach at a descriptive level through the review of scientific articles, consulted in databases such as: Scopus, Google academic, Scielo, Mendeley, among others. It is concluded that environmental management together with environmental accounting as a necessary tool to achieve sustainable development benefit society, the environment and the company in terms of promoting sustainability, corporate social responsibility, decision making, efficiency and competitive advantage.

GREEN ACCOUNTING PRACTICES AND VALUE OF LISTED FIRMS IN NIGERIA

Objective: The purpose of this research was to analyze the effect of green accounting practices on the value of publicly traded Nigerian companies. Theoretical Framework: In this topic, the main concepts and theories that underpin the research are environmental accounting and stakeholder theory, providing a solid basis for understanding the context of the investigation. Method: The methodology adopted for this research was the ex-post facto research design. Data collection was carried out through stratified sampling, employing secondary data from the annual report of 18 listed firms on the Nigerian stock exchange. Secondary data from 2012 to 2021 period were collected from the annual report of listed firms on the Nigerian stock market. The panel Generalized Method of Moments was used in this investigation as well as other econometric tests. Results and Discussion: The results demonstrated that green accounting practices (waste management disclosure (WMD)) is not significantly related to Tobin's Q (TQ), but was positively and significantly related to price earnings ratio (PE). Research Implications: These findings indicate that while green accounting is essential for ensuring long-term sustainability, its present adoption and acknowledgement in Nigeria may need further progress in order to fully achieve its projected advantages. In conclusion, policymakers should do the following: promote stakeholder engagement, embed green accounting methods into business systems and support environmental preservation. Originality/Value: The present study enhances the current body of knowledge by offering an in-depth examination of the influence of green accounting practices on the value of companies in Nigeria. While there has been research on green accounting practices, there seems to be a gap in the African setting as most studies are focused on developed nations and not emerging economies.

State of the World's Rivers

In this review, we thoroughly analyze the state of global rivers, focusing on their physical and ecological characteristics as well as management strategies. The review results have helped us generate four recommendations. Firstly, rivers should be managed under a legally binding global accord at the basin level. Secondly, challenges related to river pollution and inappropriate project implementation can be mitigated by adopting newly defined strategic environmental assessments and the United Nations System of Environmental Economic Accounting. Thirdly, we need data from the latest scientific sources, such as geospatial sources, to better understand rivers at different scales as composite systems. The last recommendation calls for taking into account climate change concerns in river management approaches. We also outline a proposition for developing a river monitoring and assessment program in order to perform comprehensive and planet-wide river assessment. The article elaborates on the strategies for achieving these recommendations.

Environmental Management Accounting: A Tool for Better Management Practice

Environmental Management Accounting: A Tool for Better Management Practice

Identifying Prospective Factors Affecting Environmental Management Accounting in Oil, Gas and Petrochemical Industry

Identifying Prospective Factors Affecting Environmental Management Accounting in Oil, Gas and Petrochemical Industry

Green accounting and reporting in Bangladesh's pharmaceutical and textile industries: A holistic perspective.

This study examined the factors influencing green accounting and reporting practices (GARPs) in Bangladesh's pharmaceutical and textile industries. Hence, it draws upon disclosure theory to disclose relevant information in the context of environmental accounting and encourages them to boost their environmental performance. It utilized content analysis from 13 pharmaceuticals and 22 textiles data from Dhaka stock exchange (DSE) listed companies of Bangladesh and applied quantitative methods for comparative analysis. The findings showed that GARPs are influenced by firm characteristics and external factors rather than organizational performance, and eleven environmental indicators (separately) have a lower mean of less than 0.50 in both industries. Firms' general characteristics (FFGC) are noteworthy factors that exhibit a negative coefficient for both the pharmaceutical and textile sectors but hold a robust impact on the GARPs, with P = 0.007 and 0.003, respectively. The statistical significance of environmental factors (EFs) applies to the textile sector p = 0.000. Implementing GARPs in the pharmaceutical industry proved more effective than in the textile sector, offering valuable support to managers in expediting environmental practices in Bangladesh's textile industry.

Knowledge equity as social justice in academic publishing and why it matters for accounting research

Purpose The current academic publishing model, in which researchers rely significantly on multinational publishing companies to disseminate their work, has implications for knowledge enterprise both in terms of knowledge production and distribution. This study aims to provide a critical reflection on the academic publishing model and how it works, particularly in light of the rise of open access publishing and the growing analytics focus of publishing companies and discusses the impact on knowledge equity. Design/methodology/approach This exploratory essay offers a critical analysis of the impact of the current academic publishing model on research practices. The discussion provides a foundation for the argument that knowledge equity is essential to social justice. Findings To effectively fulfil the transformative aims of the interdisciplinary research community within social and environmental accounting, it is imperative to establish equitable access to published research. Originality/value This essay opens space for discussion of the current publishing model, given its dominance of the knowledge enterprise. It outlines some of the implications of this model for knowledge equity and suggests strategies for fostering a more inclusive and accessible dissemination of scholarly work.

The Influence of University Social Responsibility on Accounting Disclosure Environment with Entrepreneur Value as a Moderating Variable in College High in Asean

This study analyzes the effect of university social responsibility on environmental accounting disclosure with entrepreneur value as a moderating variable in Asean universities with the population in this study are all universities that are categorized as having a top 10 ranking based on World Class University and publish their reports with the period 2018-2021. The analysis technique used is quantitative with panel data regression analysis tools. The results of the research are (1) Enviromental Awarenes and Enterprenuer Value have a positive and significant effect on Environmental Accounting Disclosures (2) Enviromental Involvement and Enviromental Reporting have a negative and significant effect on Environmental Accounting Disclosures (3) Enterprenuer Value is proven to significantly moderate the effect of university social responsibility on environmental accounting disclosures.

Ecosystem Accounting for Marine-Based Tourism provided by Posidonia oceanica in Italy

This work presents the first ecosystem accounts for Marine-Based Tourism (MBT) in Italy. We develop a methodological approach to connect biophysical and economic information required to fill ecosystem accounting supply and use tables. Coherent with the System of Environmental Economic Accounting – Ecosystem Accounting (SEEA EA) framework, this approach starts by estimating the extent and the condition of marine ecosystems, showing the urgency in improving the availability, organisation and accessibility of biophysical data. This work provides valuable insights into understanding MBT from an ecosystem accounting perspective. We focus on the Posidonia oceanica and its role in the MBT sector in Italy, providing a physical quantification of such contribution and converting this flow into monetary terms. Our findings show that such habitat significantly contributes to the tourism sector, resulting in exchange values of MBT of €6 million in 2019 and €3.7 million in 2021.

Pengaruh Environmental Performance dan Material Flow Cost Accounting Terhadap Sustainable Development: pada Perusahaan Sektor Industri Dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia Tahun 2020-2022

The increase in industrial activities has impacts on the environment, as many companies still fail to fulfill their environmental responsibilities adequately. The purpose of this study is to examine the influence of Environmental Evaluation and Material Flow Cost Accounting on Sustainable Development. The approach adopted focuses on numerical aspects, with the research concentrating on companies in the basic and chemical industries listed on the Indonesia Stock Exchange during the period 2020-2022. The sampling method used is purposive sampling, resulting in a sample size of 75 (25 companies over 3 years). SmartPLS 3 is employed as the analytical tool. The research findings indicate that environmental evaluation has no significant impact, whereas material flow cost accounting has a substantial impact on sustainable development. These findings bear important implications for further research to enrich the investigated factors and consider more representative samples to enhance their impact on Sustainable Development, requiring more effective approaches to be considered.

Unveiling How Internal Control Foster Sustainable Green Innovation Ecosystem: Mediating Role of Environment Management Accounting Data Analytics

This study constructs and validates a theoretical framework that focuses on the correlation between internal control systems (ICS) and the sustainable green innovation ecosystem (SGIE). Furthermore, it aims to investigate the role of environmental management accounting data analytics (EMADA) as a mediator in the relationship between ICS and SGIE. The current study utilized a methodological approach consisting of three components namely a literature review, expert interviews, and a self-administered survey. The study used structural equation modeling to analyze the proposed model, which was constructed using statistical data gathered from a cross-sectional survey of 583 accountants working in public sector organizations (PSOs). The acquired observations underscored the interdependence and mutual reinforcement of the proposed dimensions. These observations provided guidance for PSO leaders to recognize and take advantage of chances to enhance their effectiveness in the green innovation implementation journey. They also helped in developing strong strategies to efficiently steer their digital transformation process. The work's detailed findings were crucial in enabling policymakers to establish rules and regulations linked to digitalization and green innovation.

The Impact of Environmental Management Accounting Adoption on The Shipping Industry's Environmental Performance, Influenced by Green Shipping and Regulatory Pressure

The Impact of Environmental Management Accounting Adoption on The Shipping Industry's Environmental Performance, Influenced by Green Shipping and Regulatory Pressure

PENGARUH RELIGIUSITAS, LINGKUNGAN KERJA, DAN PENGETAHUAN AKUNTANSI SYARIAH TERHADAP MINAT BERKARIR DI SEKTOR PERBANKAN SYARIAH

The purpose of this study was to determine and analyze how religiosity, work environment, and islamic accounting knowledge influence career interest in the islamic banking sector. The data sources used in this study are primary data, questionnaires were distributed to active students of the Accounting Study Program, State University of Jakarta using Google Form. Data analysis in this study used a multiple linear regression analysis model. The results of the study showed that religiosity and work environment have an influence on students' interest in a career in the islamic banking sector. While islamic accounting knowledge does not affect students' interest in a career in the islamic banking sector

The moderating role of technological innovation on ownership structure, financing decisions and environmental accounting disclosure

The moderating role of technological innovation on ownership structure, financing decisions and environmental accounting disclosure

The Role of Environmental Management Accounting in Sustainability

This research explores the importance of environmental management accounting practices in businesses. It examines how market competition, environmental unpredictability, organizational size, and corporate governance influence the adoption of environmental management accounting tools and environmental performance. Data were collected from a survey of 397 individuals across various industries in Vietnam. The study found that greater environmental unpredictability, more intense market competition, larger organizational scale, and more effective corporate governance promote the use of environmental management accounting, leading to improved environmental performance. Additionally, environmental management accounting methods mediate the relationships among market competition, environmental uncertainty, organizational size, corporate governance, and environmental performance. This study contributes to the literature by highlighting the significance of environmental management accounting practices in Vietnam and offers practical insights for corporate leaders in developing countries. Overall, the findings suggest that businesses in competitive and unpredictable environments should prioritize the implementation of environmental management accounting practices to improve their environmental performance. This has practical implications for corporate leaders in developing countries like Vietnam, emphasizing the need for robust accounting practices to navigate environmental challenges.

Synergies and complementarities between ecosystem accounting and the Red List of Ecosystems.

Safeguarding biodiversity and human well-being depends on sustaining ecosystems. Two global standards for quantifying ecosystem change, the International Union for Conservation of Nature Red List of Ecosystems (RLE) and the United Nations System of Environmental-Economic Accounting Ecosystem Accounting (EA), underpin headline indicators for the Kunming-Montreal Global Biodiversity Framework. We analyse similarities and differences between the standards to understand their complementary roles in environmental policy and decision-making. The standards share key concepts, definitions of ecosystems and spatial data needs, meaning that similar data can be used in both. Their complementarities stem from their differing purposes and thus how data are analysed and interpreted. Although both record changes in ecosystem extent and condition, the RLE analyses the magnitude of change in terms of risk of ecosystem collapse and biodiversity loss, whereas EA links ecosystem change with the ecosystem's contributions to people and the economy. We recommend that the RLE and EA should not be treated as unrelated nor undertaken in isolation. Developing them in concert can exploit their complementarities while ensuring consistency in foundational data, in particular ecosystem classifications, maps and condition variables. Finding pathways for co-investment in foundational data, and for knowledge-sharing between people and organizations who undertake RLE assessments and accounting, will improve both processes and outcomes for biodiversity, ecosystems and people.

Urgensi kolaborasi stakeholder dalam mewujudkan akuntansi lingkungan

Background: This study aims to reveal the implementation of environmental accounting at PT Huadi Nickel-Alloy Indonesia, analyze stakeholder collaboration in the implementation of environmental accounting at PT Huadi Nickel-Alloy Indonesia, and explore the urgency of stakeholder collaboration in the implementation of environmental accounting at PT Huadi Nickel-Alloy Indonesia. Methods: This type of research is classified as qualitative research with a case study approach. The data source for this study is primary data obtained through observation and interviews with internal and external stakeholders of PT Huadi Nickel-Alloy Indonesia. In addition, this study also uses secondary data obtained from the company profile, the company's AMDAL document, the company's RKL-RPL document, the company's environmental permit document and related articles. The data analysis technique in this study was carried out through three stages, namely: data reduction, data presentation and drawing conclusions. Findings: The results of this study found that PT HNAI in implementing its environmental accounting does not yet have a special environmental cost report. The environmental costs incurred are only recorded in the environmental cost account in the company's financial statements. The financial statements of PT HNAI cannot be accessed by researchers. In addition, the effects of environmental costs incurred by PT HNAI have not been able to significantly minimize the environmental impacts felt by residents. Conclusion: Stakeholder collaboration in the implementation of environmental accounting at PT HNAI has not fully met the requirements for collaboration. Because ideally, of the 8 components used in this study as a measure of the success of a collaboration, PT HNAI stakeholder collaboration can only meet 3 components of collaboration. PT HNAI and its external stakeholders have different interests. However, even so, both PT HNAI and its external stakeholders have the same needs for the sustainability of their environment. Therefore, it is very important to collaborate between stakeholders in the process of achieving common goals in terms of maintaining environmental sustainability as a source of livelihood for all creatures.

Analysis of The Implementation of Environmental Costs Case Study at Banjarmasin Islamic Hospital

This study aims to uncover waste management activities and environmental costs of environmental cost reporting at the Islamic Hospital of Banjarmasin. This researcher uses a qualitative paradigm with a case study design. The research scope is the Unit of Environmental Health Sanitation with the accounting process of environmental management, hospital waste management's data focus, and expenditures for waste costs. Primary data were collected through in-depth interviews and observations; secondary data, through documentation. The results revealed that environmental management accounting systems in 2019 and 2020 found hidden environmental costs from waste management cost reports in the Financial Statements. For example, the environmental cost report applied to the SKL Unit revealed Rp. 677,646,500 and Rp. 459,521,600 not presented as an environmental cost in 2019 and 2020. The implementation of environmental cost accounting through environmental cost reporting at the Islamic Hospital of Banjarmasin revealed that special reports in environmental management accounting could be used as information by the management of the Islamic Hospital of Banjarmasin in planning and controlling environmental responsibility activities. The study results also revealed that the environmental cost report facilitated the direction of the Islamic Hospital of Banjarmasin in making decisions related to environmental costs and provided information for stakeholders that the hospital had been responsible for maintaining environmental health.

Integrating Sustainability into Accounting Practices: A Review of Social and Environmental Accounting

Integrating Sustainability into Accounting Practices: A Review of Social and Environmental Accounting