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Motivations, barriers, and incentives for adopting environmental management (cost) accounting and related guidelines: a study of the republic of Korea

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  • Ki‐Hoon Lee

Abstract

The purpose of this paper is to present an empirical case for research in environmental management accounting and/or environmental cost accounting. The paper provides an analysis of the current status of environmental management and/or environmental cost accounting at the industry level. The author explores the extent of management research in the field of corporate sustainability management and environmental management accounting. The study employs a survey method for identifying factors to adopt environmental cost accounting and its guidelines within organizations in Korean manufacturing industry contexts. The paper uncovers those manufacturing industries' views on motivations and obstacles to adopt environmental cost accounting and its guidelines, and general perceptions on related issues. It is found that there is a lack of a systematically structured approach to implement environmental cost accounting internally in practice. The study also finds that some difficulties to adopt environmental cost accounting in practice are caused by the existing accounting and information system. The paper suggests where further contributions might be made by future research endeavours engaging with different industry sectors and country levels. Copyright © 2010 John Wiley & Sons, Ltd and ERP Environment.

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  • Ki‐Hoon Lee, 2011. "Motivations, barriers, and incentives for adopting environmental management (cost) accounting and related guidelines: a study of the republic of Korea," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 18(1), pages 39-49, January.
    • Handle: RePEc:wly:corsem:v:18:y:2011:i:1:p:39-49
    DOI: 10.1002/csr.239
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    1. Roger L Burritt, 2004. "Environmental management accounting: roadblocks on the way to the green and pleasant land," Business Strategy and the Environment, Wiley Blackwell, vol. 13(1), pages 13-32, January.
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    Cited by:

    1. Alvaro Plinio Pureza & Ki‐Hoon Lee, 2020. "Corporate social responsibility leadership for sustainable development: An institutional logics perspective in Brazil," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(3), pages 1410-1424, May.
    2. Naveed Iqbal Chaudhry & Muhammad Amir, 2020. "From institutional pressure to the sustainable development of firm: Role of environmental management accounting implementation and environmental proactivity," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3542-3554, December.
    3. Matthew Egan, 2018. "Utilising Accounting and Accountants in the Management of Water Efficiency," Australian Accounting Review, CPA Australia, vol. 28(3), pages 356-373, September.
    4. Eka Ardhani Sisdyani & Bambang Subroto & Erwin Saraswati & Zaki Baridwan, 2020. "Levers of Eco-control and Green Behavior in Medical Waste Management," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 194-204.
    5. Leanne Johnstone, 2018. "Environmental management decisions in CSR‐based accounting research," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(6), pages 1212-1222, November.
    6. Michael Fakoya, 2015. "Adopting material flow cost accounting model for improved waste-reduction decisions in a micro-brewery," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(5), pages 1017-1030, October.
    7. Lee, Ki-Hoon & Farzipoor Saen, Reza, 2012. "Measuring corporate sustainability management: A data envelopment analysis approach," International Journal of Production Economics, Elsevier, vol. 140(1), pages 219-226.
    8. Olaf Weber, 2012. "Environmental Credit Risk Management in Banks and Financial Service Institutions," Business Strategy and the Environment, Wiley Blackwell, vol. 21(4), pages 248-263, May.
    9. A. D. Nuwan Gunarathne & Ki‐Hoon Lee, 2020. "Eco‐control for corporate sustainable management: A sustainability development stage perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2515-2529, November.
    10. Peter Oberhofer & Elmar Fürst, 2013. "Sustainable Development in the Transport Sector: Influencing Environmental Behaviour and Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 22(6), pages 374-389, September.
    11. Huibrecht Margaretha van der Poll, 2022. "The barriers and drivers of environmental management accounting practices' adoption in developed and developing countries for sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1222-1234, October.
    12. Nirman Noor Afiqi Mat Yusoh & Tuan Zainun Tuan Mat, 2020. "Environmental Management Accounting Adoption Barriers Among Malaysian Hotel Companies," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(3), pages 31-42, June.
    13. Carlos Noronha & Si Tou & M. I. Cynthia & Jenny J. Guan, 2013. "Corporate Social Responsibility Reporting in China: An Overview and Comparison with Major Trends," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 20(1), pages 29-42, January.
    14. Ki-Hoon Lee & David M. Herold, 2016. "Cultural relevance in corporate sustainability management: a comparison between Korea and Japan," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 1(1), pages 1-21, December.
    15. Hyeong Joon Kim & Seongjae Mun & Seung Hun Han, 2023. "Corporate social responsibility and the alignment of CEO and shareholders wealth: Does a strong alignment induce or restrain CSR?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 720-741, March.
    16. Alwyn Lim & Shawn Pope, 2022. "What drives companies to do good? A “universal” ordering of corporate social responsibility motivations," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(1), pages 233-255, January.

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