Environmental Management Accounting Research Articles

The Influence of Technological Factors on Environmental Management Accounting Adoption in Libyan Oil Firms

This study investigates the extent influence of technological factors on the environmental management accounting (EMA) adoption. Technological, Organizational and Environmental (TOE) framework with Diffusion of Innovation (DOI) Theory is employed. The data in this study is collected by 44 questionnaires delivered to both of environmental and financial managers in Libyan oil firms. The findings show that most firms have a great intention and willingness to adopt EMA practices. The study found that both of technological characteristics (perceived benefits/ perceived importance) are significant factors for adopting EMA and therefore, more attention for enhancing employees’ awareness towards the importance and benefits of EMA adoption should be increased by top management in Libyan oil firms.

Achieving triple bottom line performance: highlighting the role of social capabilities and environmental management accounting

PurposeThe relationship between the elements of the triple bottom line (TBL) is a controversial area that is constantly debated in the sustainability literature. This study addresses this debate by testing the relationships between these elements, while considering environmental management accounting (EMA) as a mediating influence.Design/methodology/approachThis paper examines survey responses from upper-level managers from ISO 14001-certified manufacturing companies listed on the Indonesian Stock Exchange (IDX). The hypotheses were tested using a partial least squares approach, and bias-corrected and accelerated bootstrap confidence intervals were used to test the significance of the relationships between variables.FindingsThe authors found a direct relationship between the TBL elements and the role of EMA and social performance in mediating the relationship between economic performance and environmental performance.Research limitations/implicationsThis research also provides new insights into the progress of the social resource-based view (SRBV) theory, where the social element missing from the TBL approach can be found.Practical implicationsThe findings of this article imply that it is worthwhile to invest in corporate sustainability because it is thereby possible to simultaneously achieve economic, environmental and social performance, since such elements are truly integrated. In addition, possession of EMA management tools is necessary to enhance the relationships between economic performance and environmental performance. Furthermore, social performance seems to constitute an important bond between both of these, indicating that the social element of the TBL is necessary to achieve truly competitive performance.Originality/valueThis study contributes to the corporate environmental management literature by providing empirical evidence regarding the TBL elements.

Conceptual Model for Integrating Environmental Impact in Managerial Accounting Information Systems.

The main research objective is to develop a conceptual accounting model to reflect the environmental impact generated by the economic activity of Romania’s entities. In order to identify the current stage of the use of environmental accounting by the Romanian economic entities, the questionnaire used was based on a random sample of 377 entities whose economic activity has a significant impact on the environment. The results suggest the need to develop a model for integrating environmental impact into accounting. The model is based on the description of the technological process and determination of the environmental impact on each activity, stage, or procedure of the technological process, which enterprise will integrate its monetary value in the cost of production and will reflect it in the management accounting system, using specific environmental accounting instruments. The model involves five stages, and by combining internal and external information provided by environmental management accounting is a relevant source for substantiating decisions to promote environmental responsibility in Romanian companies.

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.

The Efffect of Environmental Management Accounting, Environmental Strategy on Environmental Performance and Financial Performance Moderated By Managerial Commitment

Environmental management (EMA) has been considered as a successful idea to reduce ecological burdens in the form of energy dependence and carbon footprint. In addition to the company's highest emphasis on EMA, the organization's environmental strategy (ENS) is articulated and implemented with ecological motivation. The role of the ENS strengthens the internal awareness of the organization to improve environmental conditions and thereby helps reduce negative environmental stresses. In addition, with increasing environmental regulations in place, the need for sound environmental policies and strategies of the company is essential to protect future growth and market image. Results There is a significant influence of environmental management accounting to encourage environmental performance, there is a significant effect of environmental management accounting to encourage economic performance, there is a significant influence of environmental strategy to encourage environmental performance, there is a significant influence of environmental strategy to encourage economic performance, commitment to moderate management The significant influence of Environmental Management Accounting to encourage Environmental Performance, Management Commitment Cannot Moderate the Effect of Environmental Management Accounting which encourages Economic Performance, Management Commitment to Moderate the significant influence of Environmental Strategy to encourage Environmental Performance and Management Commitment to Moderate the Impact of Environmental Strategy which is significant to encourage Economic Performance .

Institutional isomorphism, environmental management accounting and environmental accountability: a review

Environmental sustainability has received much attention in recent times by world leaders. This is largely due to the rate at which the natural environment is deteriorating and thus, presenting an urgent need for action to ensure the continuity of the earth ecosystem to sustain life. Consequently, the world has witnessed heightened pressure on firms to engage in environmental accountability practices. This is partly because firms have been implicated as major contributors to environmental degradation, particularly in low-income settings. Extensive research has, therefore, been directed by the academic community to understand the nature and extent to which institutional factors and the firm’s initiatives may predict firm environmental accountability practice. This paper, therefore, aimed at providing a review and synthesis of institutional isomorphism, environmental management accounting and environmental accountability, and to propose a theoretical framework to investigate the nexus among these concepts. We observed that the relationship between the institutional isomorphic factors and environmental accountability practices defies consistency. Based on the findings, we advance a theoretical framework to help focus and understand the complex relationships among institutional isomorphic factors, environmental management accounting implementation and environmental accountability which are paramount to protecting the earth’s ecosystem and sustenance of human life.

Disclosures of the Environmental Management Accounting Practices in the Banking Sector of Bangladesh

The disclosure of environmental management accounting (EMA) practices determine the eco-friendly business activities and helps to measure costs and benefits of environmental preservation of any organizations. The study aims to identify the disclosures status of EMA practices in the in PCBs in Bangladesh. The study also aims to examine the factors (total assets, total investment, profit after tax, ROA, ROE, and EPS) influencing disclosure of the adoption of environmental management accounting in listed PCBs in Bangladesh. This study applied quantitative research method to collect and analyze data. EMA disclosure data is collected from the annual reports of the banks and panel data is used to data analysis of the factors. The collected data is analyzed using descriptive statistics, inferential statistics, correlation, and multiple linear regression analysis. Six hypotheses are developed and tested at 5% significance level. The study concludes that the private banks disclose 71.15% information of EMA practices.

Environmental activity-based costing as an instrument of environmental management accounting

The issue of environmental protection has become increasingly important throughout the world in recent decades. Spreading awareness of the quality of the environment should not be sought only in the application of eco-technologies, but also in environmental ethics, because without it there is no human survival and preservation of the environment. Environmental management accounting plays an important role in the environmental management process, the aim of which is to provide relevant information to all stakeholders. Also, environmental management accounting improves resource efficiency and makes it easier for company managers to make decisions on the project that will help improve environmental performance. The aim of this paper is to point out the importance and need for environmental activity-based costing as an instrument of environmental management accounting

Stakeholders' influence on environmental management accounting practices

This study explores on the roles of different stakeholders in shaping the organisation's environmental management accounting (EMA) practices. By identifying the different salient stakeholders, as well as their demands and influence, the focus of this study is to address the motivations and types of environmental management and EMA practices that are being implemented. A case study of an airport operator is used with data collected from interviews, documentary review and observations at the case organisation. Both the external and internal stakeholders' demand for particular environmental information shaped the implementation of selective environmental management practices including the depth and breadth of these practices. This study also highlights on the utilisation of EMA information in enhancing operational process, profitability as well as the company's reputation.

Eco-oriented management accounting system as a tool for sustainable functioning of an economic entity

Modern challenges of a global nature, as well as dependence on environmental impacts, dictate the need to determine environmental costs for economic entities, as well as account, analyze and control them. In this regard, the system of environmental management accounting is one of the tools that ensure the sustainable functioning of the enterprise. The article examines the categorical apparatus of an eco-oriented management accounting system in order to study the presented topic. The paper propose a system of information support for environmental management accounting for the purpose of improving environmental safety and leveling existing environmental risks. The main objects of environmental management accounting are identified and the reflection of payments in the environmental sphere on a separate account with the necessary level of detail for the effective functioning of the system is justified. The paper also formulates problems for further research of the environmental management accounting system using advanced achievements and practices in the world scientific arena.

Environmental Management Accounting and Financial Competitive Advantage Affecting Corporate Sustainability of Thai Companies

Environmental Management Accounting and Financial Competitive Advantage Affecting Corporate Sustainability of Thai Companies

Environmental Management Accounting Perception and Implementation in the Automobile Industry in Vietnam

This study aims to investigate the factors which impact the possibility of Environmental Management Accounting (EMA) implementation in automobile companies in Vietnam. A survey was carried out with automobile enterprises' managers, getting 198 usable respondents, with data and theoretical model analyzed by using SPSS with EFA method. Results indicated that in Vietnamese automobile enterprises, the possibility of EMA implementation was driven by elements including motivation to reduce production costs, reactions to environmental issues, compliance to legislation, procedures and processes in the working environment which they are in business. The government and professional institutions should play a vital role in promoting EMA practices by issuing specific guidelines and continuous training. Besides, tax authorities should apply the favor policies such as tax incentives to stimulate interest enterprises to implement EMA. However, this study's results only reflect about 63.7% of the impact to the implementation of EMA in Vietnamese automotive enterprises, so there are still some other factors that should be found out in the future researches. This is the first attempt to systematically analyze enterprises' perception and willingness to apply EMA in Vietnamese automobile industry. This study contributes to not only the existing empirical literature of EMA but also enterprises' managers in Vietnam and other transitional economies.

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.

PENGARUH GREEN INNOVATION TERDAHAP ECONOMIC PERFORMANCE DENGAN ENVIRONMENTAL MANAGEMENT ACCOUNTING SEBAGAI VARIABEL MODERASI

This study aims to examine empirically the effect of green innovation on economic performance and environmental management accounting as a moderate variable. This research method uses quantitative research methods. The sample of this study was manufacturing companies listed on the Indonesia Stock Exchange and participated PROPER program in the period 2016-2018. Based on the sampling technique, there were 155 companies. The data analysis technique uses Moderated Regression Analysis with the application of SPSS 25. The independent variable in this study is green innovation, which is green product innovation and green process innovation. The dependent variable in this study is economic performance measured by ROA. The moderating variable in this study is environmental management accounting measured by the eco-efficiency ratio. The results of this study show that green innovation has a positive effect on economic performance and environmental management accounting cannot moderate the relationship between green innovation and economic performance

Impact of institutional and contingent factors on adopting environmental management accounting systems: the case of manufacturing companies in Libya

PurposeEnvironmental management accounting (EMA) has received increasing interest since 2000 and is now regarded as an effective tool to deal with environmental issues and the economic performance of companies and countries. This study aims to examine the impacts of institutional pressures on the adoption of EMA by manufacturing companies operating in Libya. The study examines how such adoption is impacted by four contingent factors, namely, company size, company age, environmental management system adoption and business type.Design/methodology/approachData was collected from a sample of medium- and large-sized manufacturing companies operating in Libya by means of a questionnaire survey. Institutional pressure and contingency factors were tested against the level of EMA adoption via multiple regression analysis and moderator multiple regression.FindingsThe results indicate that the relationship between coercive pressures and EMA adoption varies as a function of company size. This result indicates that when companies face pressures, the way they respond depends on specific circumstances and characteristics of the company such as company size.Originality/valueThe key contribution of this study to the body of knowledge comes from being able to combine contingency and the new institutional sociology perspective of the institutional theory to create a complementary perspective. This was achieved by examining the moderating effect of the four contingent variables on the relationship between institutional pillars and EMA adoption in manufacturing companies in Libya.

Profiling interdisciplinary accounting research: an analysis of publication descriptors in three leading journals

Purpose The aim of this study is to profile interdisciplinary accounting research and the facilitating role played by researchers by probing the characteristics of published articles in three leading interdisciplinary accounting research journals, Accounting, Auditing and Accountability Journal (AAAJ); Accounting, Organizations and Society (AOS); and Critical Perspectives on Accounting (CPA). Design/methodology/approach Profiling analysis is undertaken with a broad scan of publication descriptors in AAAJ, AOS and CPA between 2005 and 2016. Profiling stems from identifying and quantifying the characteristics of interdisciplinary research, and with further analysis, infer generalisations about its content and the community of interdisciplinary researchers. Findings The published output of 1,462 articles is produced by 1,688 authors affiliated with 660 institutions in 52 countries. The two most high-ranking topics are social and environmental accounting and management accounting. The highest-ranked authors are Stephen Walker, Rob Bryer, Lee Parker and Yves Gendron. The most productive universities are the University of London, Cardiff University and the University of Manchester. The countries highly involved in interdisciplinary accounting research are the UK, USA, Australia and Canada. Research limitations/implications The data is restricted by the sample of manuscripts based on three interdisciplinary accounting research journals for the period 2005–2016 and does not consider manuscripts published in other accounting and non-accounting journals. Additionally, the process of analysing publication descriptors to generate categorised lists was a complex process that may not be replicated precisely by other researchers. Practical implications The results reported in this study can assist researchers interested in interdisciplinary research on what they may expect to read and understand. Originality/value The present study profiles interdisciplinary research in accounting to gain a picture of the elements that comprise interdisciplinarity, which, at present, is without empirical investigation.

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.

CONSEQUENCES OF ENVIRONMENTAL MANAGEMENT ACCOUNTING (EMA): THE THEORY BEHIND

The need for Environmental Management Accounting (EMA) can be associated with the major problems of environmental degradation that lead to other concerns, such as legitimacy and competitive issues. EMA is seen as a management accounting innovation whose consequence is a boost to corporate performance. EMA can benefit the competitive position of a firm by directing the attention of its managers towards potential cost reduction or potential areas for differentiation. EMA can also help firms gain resource productivity and process efficiency, which will result in the reduction of waste and improved the financial profitability of the firm. In other words, EMA practically improves both the environmental and economic performance of a firm. However, despite all these success stories, many firms are still reluctant to take a more proactive approach to EMA, perhaps due to a perceived lack of evidence that the benefits exceed the costs of pursuing these initiatives. The findings so far may also not be generalizable since they are based on descriptive statistics rather than rigorous hypothesis testing. There has been little empirical evidence regarding the impact of EMA on the business success of the firm. This is due to prior EMA studies that have made limited use of a theory that attempts to explain the consequences of the practice. Most research has focused on descriptive work and researchers seem to be unwilling to move beyond action-based case studies in further develop the framework of EMA practice and firm performance. This has raised a concern on the need for theoretical explanation on the consequences of EMA. As it is important to gauge the effects of EMA on firm performance, this study provides a discussion of how EMA could help companies in Malaysia to enhance both their economic and environmental performance and by this to encourage firms to put EMA in practice for their sustainable growth.

Environmental management accounting and waste management practices: A case of a manufacturing company

Abstract Purpose: This study examines how Environmental Management Accounting practices are related to waste management practices and how the organization in the case study is influenced in adopting the waste management practices Research methodology: The case study method was used in examining the applicability of Environmental Management Accounting to waste management in one large manufacturing company. Interviews, observations and archival documents were used as data collection methods. Results: The study observed that the company had reinvigorated environmental management and waste management practices due to the influence of the major stakeholders. These motivations can be categorized into three main pillars including coercive, mimetic, and normative isomorphisms. Limitations: As the research is directed towards the selection of in-depth inquiry of specific settings infused with culture, values, beliefs, stories, language, perception, politics and ideology, it might cause to diminish the researcher's analytical objectivity and independence of the research. Contribution: Policies, practices and motivations promote the future development of environmental management accounting and waste management practices in the Sri Lankan context.