Environmental management system, environmental management accounting, and firm performance in China’s manufacturing companies
List of Authors
  • Dai Mengzhuo , Raman Noordin

Keyword
  • EMS, EMA, FP

Abstract
  • The aim of this study is to propose the relationship between environmental management system (EMS), environmental management accounting (EMA) and firm performance (FP) based on the Chinese manufacturing industry. Although the previous literature has already explored the effect of EMS adoption on FP, findings are inconclusive. Since there is also evidence that both EMS and EMA could potentially influence FP, it is worth considering the role of EMA as an intervening variable in this relationship. The survey of the study involved 131 manufacturing companies conducted in China. The data are analyzed using Smart Partial Least Square (SmartPLS) version 3 to evaluate the hypotheses of the study. The results showed that EMA mediates the relationship between EMS and firm performance. Therefore, this study contributes to the growing body of knowledge on EMS, EMA and firm performance, especially in the relatively new topic in China.

Reference
  • 1. Campos-Rodriguez, F., Martinez-Garcia, M. A., de la Cruz-Moron, I., Almeida-Gonzalez, C., Catalan-Serra, P., & Montserrat, J. M. (2012). Cardiovascular mortality in women with obstructive sleep apnea with or without continuous positive airway pressure treatment: a cohort study. Annals of internal medicine, 156(2), 115-122.

    2. Cassells, S., Lewis, K., & Findlater, A. (2011). SMEs and ISO 14001 adoption: A New Zealand perspective. Small Enterprise Research, 18(1), 19-32.

    3. Cheng, C. C., Lee, D., Wang, C. H., Lin, S. F., Chang, H. P., & Fang, S. T. (2015). The development of cloud energy management. Energies, 8(5), 4357-4377.

    4. Feng, T., & Wang, D. (2016). The influence of environmental management systems on financial performance: A moderated-mediation analysis. Journal of Business Ethics, 135(2), 265-278.

    5. Pearce, D. W. (1996). Economics of the Environment. In A Guide to Modern Economics (pp. 163-184). Routledge.

    6. Ferreira, A., Moulang, C., & Hendro, B. (2010). Environmental management accounting and innovation: an exploratory analysis. Accounting, Auditing & Accountability Journal.

    7. Harrington, A. (2005). Modern Social Theory. 1-13.

    8. Harris, A. L., Lang, M., Yates, D., & Kruck, S. E. (2008). Incorporating Ethics and Social Responsibility in IS Education. Journal of Information Systems Education, 22(3), 183-189.

    9. Harun, R., Hock, L. K., & Othman, F. (2011). Environmental Knowledge and Attitude among Students in Sabah. World Applied Sciences Journal, 14, 83-87.

    10. Iraldo, F., Testa, F., & Frey, M. (2009). Is an environmental management system able to influence environmental and competitive performance? The case of the eco-management and audit scheme (EMAS) in the European union. Journal of Cleaner Production, 17(16), 1444-1452.

    11. Lo, C. M. (2003). Complications and long-term outcome of living liver donors: a survey of 1,508 cases in five Asian centers. Transplantation, 75(3), S12-S15.

    12. Proto, M., & Supino, S. (2000). Ecomanagement quality system: ISO 14000. The state of the art in Italy. Total Quality Management, 11(4-6), 767-772.

    13. Rezaee, Z., & Elam, R. (2000). Emerging ISO 14000 environmental standards: a step‐by‐step implementation guide. Managerial Auditing Journal.

    14. Selvam, M., Gayathri, J., Vasanth, V., Lingaraja, K., & Marxiaoli, S. (2016). Determinants of firm performance: A subjective model. Int'l J. Soc. Sci. Stud., 4, 90.

    15. Taouab, O., & Issor, Z. (2019). Firm performance: Definition and measurement models. European Scientific Journal, 15(1), 93-106.

    16. Xiying, H., Sihua, Z., & Bozhi, L. (1997). COMPREHENSIVE EXPLOITATION AND RENOVATIONOF THE WATER RESOURCES IN POYANG LAKE DISRICT [J]. Journal of Lake Science, 3.

    17. Yang, M. G. M., Hong, P., & Modi, S. B. (2011). Impact of lean manufacturing and environmental management on business performance: An empirical study of manufacturing firms. International Journal of Production Economics, 129(2), 251-261.

    18. Yang, M. G., Chen, Z. Q., & Hua, X. G. (2011). An experimental study on using MR damper to mitigate longitudinal seismic response of a suspension bridge. Soil Dynamics and Earthquake Engineering, 31(8), 1171-1181.