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Importance of Environmentally Managerial Accounting to Environmental and Economic Performance

Author

Listed:
  • Quang Linh Huynh

    (Ho Chi Minh City University of Food Industry, Vietnam.)

  • Tran Thi Ngoc Lan

    (Ho Chi Minh City University of Food Industry, Vietnam.)

Abstract

The role of environmentally managerial accounting between environmental performance and economic performance has been investigated in the current project. On the one hand, this project tried to re-examine the causal links among environmentally managerial accounting, environmental performance and economic performance that have been discussed in previous research; on the other hand, it also explored the moderation of environmentally managerial accounting between environmental performance and economic performance that has been overlooked. The data was collected from 298 publicly listed enterprises in Vietnam s three main stock exchanges. To test the causal linkages, multiple regression analyses were employed; whereas to test the moderating effect, hierarchical regression analyses with the interaction were undertaken. The results indicate positive influences of environmentally managerial accounting on economic performance and environmental performance that in turn puts a positive impact on economic performance. The adoption of environmentally managerial accounting in business is revealed as a moderator between economic performance and environmental performance. The causal link from environmental performance to economic performance becomes tougher when enterprises take more environmentally managerial accounting into consideration in business.

Suggested Citation

  • Quang Linh Huynh & Tran Thi Ngoc Lan, 2021. "Importance of Environmentally Managerial Accounting to Environmental and Economic Performance," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 381-388.
    • Handle: RePEc:eco:journ2:2021-05-43
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    References listed on IDEAS

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    More about this item

    Keywords

    Environmentally Managerial Accounting; Environmental Performance; Economic Performance; Vietnam;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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