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

摘要

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.