The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance

<p>Nowadays, carbon and other ozone harming emanations are one of the fundamental drivers of this overshoot. In the light of this discussion, the current examination aims to investigate the relationship between accounting, management and environment in realizing firm performance. In doing so,...

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Main Authors: Debbie Christine, Winwin Yadiati, Nunuy Nur Afiah, Tettet Fitrijanti
Format: Article
Language:English
Published: EconJournals 2019-07-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/8284
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spelling doaj-c5379a829c53464f98bf49e3db9fc7752020-11-25T03:38:18ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532019-07-01954584644019The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic PerformanceDebbie ChristineWinwin YadiatiNunuy Nur AfiahTettet Fitrijanti<p>Nowadays, carbon and other ozone harming emanations are one of the fundamental drivers of this overshoot. In the light of this discussion, the current examination aims to investigate the relationship between accounting, management and environment in realizing firm performance. In doing so, the current examination opted to inspect the critical relationship of environmental management accounting (EMA), environmental strategies (ENS) and managerial commitment (MAC) in driving firm performance. Given the concerns within the literature that environmental processing within organization enhance financial costs, the authors of the study are motivated to analyze the impact of the variables on both environmental and economic performance of SMEs in Indonesia. We apply novel partial least square structural equation modelling by collected the data from 317 respondents of different small and medium size enterprises of Indonesia. The results of SEM confirm that economic performance and environmental performance have significantly and positively impacted by environmental strategy. The outcomes of partial least square structural equation modelling also indicate that economic and environmental performance have also positively and significantly impacted by the environmental management accounting<strong>. </strong>Finally, the results of PLS-SEM also specified that economic performance and environmental performance have significantly and positively affected by managerial commitment<strong>. </strong></p><p><strong>Keywords: </strong>Environmental Strategy, Managerial Commitment, Environmental Management Accounting.</p><p><strong>JEL Classifications:</strong> Q55, Q50</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.8284">https://doi.org/10.32479/ijeep.8284</a></p>https://www.econjournals.com/index.php/ijeep/article/view/8284
collection DOAJ
language English
format Article
sources DOAJ
author Debbie Christine
Winwin Yadiati
Nunuy Nur Afiah
Tettet Fitrijanti
spellingShingle Debbie Christine
Winwin Yadiati
Nunuy Nur Afiah
Tettet Fitrijanti
The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
International Journal of Energy Economics and Policy
author_facet Debbie Christine
Winwin Yadiati
Nunuy Nur Afiah
Tettet Fitrijanti
author_sort Debbie Christine
title The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
title_short The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
title_full The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
title_fullStr The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
title_full_unstemmed The Relationship of Environmental Management Accounting, Environmental Strategy and Managerial Commitment with Environmental Performance and Economic Performance
title_sort relationship of environmental management accounting, environmental strategy and managerial commitment with environmental performance and economic performance
publisher EconJournals
series International Journal of Energy Economics and Policy
issn 2146-4553
publishDate 2019-07-01
description <p>Nowadays, carbon and other ozone harming emanations are one of the fundamental drivers of this overshoot. In the light of this discussion, the current examination aims to investigate the relationship between accounting, management and environment in realizing firm performance. In doing so, the current examination opted to inspect the critical relationship of environmental management accounting (EMA), environmental strategies (ENS) and managerial commitment (MAC) in driving firm performance. Given the concerns within the literature that environmental processing within organization enhance financial costs, the authors of the study are motivated to analyze the impact of the variables on both environmental and economic performance of SMEs in Indonesia. We apply novel partial least square structural equation modelling by collected the data from 317 respondents of different small and medium size enterprises of Indonesia. The results of SEM confirm that economic performance and environmental performance have significantly and positively impacted by environmental strategy. The outcomes of partial least square structural equation modelling also indicate that economic and environmental performance have also positively and significantly impacted by the environmental management accounting<strong>. </strong>Finally, the results of PLS-SEM also specified that economic performance and environmental performance have significantly and positively affected by managerial commitment<strong>. </strong></p><p><strong>Keywords: </strong>Environmental Strategy, Managerial Commitment, Environmental Management Accounting.</p><p><strong>JEL Classifications:</strong> Q55, Q50</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.8284">https://doi.org/10.32479/ijeep.8284</a></p>
url https://www.econjournals.com/index.php/ijeep/article/view/8284
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