The Association Between Environmental Strategies and Sustainability Performance in The Context of Environmental Management Accounting

Year 2020, Volume: 20 Issue: 1, 21 - 41, 30.01.2020

Metin Uyar

https://doi.org/10.21121/eab.590348

Cited By: 1

Abstract

The study aims to explain the relationship
between environmental strategies and sustainability performance in the context
of sustainability accounting.  It
explains modeling the transformation process and outlining why and how
strategies affect sustainability performance through accounting information
which is focused on environmental priorities. The hypotheses were tested using
the partial least squares approach and additional analyses were conducted for
more details. The analysis suggests that environmental strategies have a
positive association with sustainability performance and the proposed framework
obtains adequate goodness-of-fit statistics. 
It also finds that the effect of strategy on sustainable development was
enhanced by environmental accounting data. The paper suggests that
environmental strategies are associated with sustainability performance that
could serve as a specific knowledge for decision making at companies to improve
their organizational performance. It also has important implications for
managerial processes by illustrating the potential of environmental accounting
to improve sustainable development.

Keywords

Sustainability performance, environmental strategies, environmental management accounting, accounting approach, partial least squares

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