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Responsible Business in a Changing World pp 171–182Cite as

The Impact of Environmental Management Accounting Practices on Organizational Sustainability of the ISO 14001 Companies in Thailand

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Part of the book series: CSR, Sustainability, Ethics & Governance ((CSEG))

Abstract

The conducted study aimed at indicating the impact of environmental management accounting practices on organizational sustainability of the certified ISO 14001 companies in Thailand. This study adopted a questionnaire survey of 400 samples and analysed data through Multiple Indicators and Multiple Causes Model (MIMIC).

The results showed that the driving force of stakeholders (SDP) and environmental CSR (CSR) possessed a negative impact on environmental management accounting practices (EAP) with coefficient values at 0.38∗∗ and 0.42∗∗, respectively at the significance level of 0.01. On the contrary, accountant expertise (ACE) and account policy on environmental aspect from leaders (POL) possessed a positive impact on environmental management accounting practices (EAP)with coefficient values at 1.14∗∗and 1.33, respectively at the significance level of 0.01. Also, environmental management accounting practices (EAP) and competitive financial advantage (CAF) possessed a positive impact on organizational sustainability (OST) with coefficient values at 0.63∗∗ and 0.70∗∗, respectively at the significance level of 0.01.

The findings of this research were aimed at increasing an opportunity of the certified ISO 14001 companies in Thailand in organizational sustainability improvement through the use of environmental management accounting practices.

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Author information

Authors and Affiliations

  1. Faculty of Management Science, Kanchanaburi Rajabhat University, Kanchanaburi, Thailand

    Kwannaree Klaprabchone

  2. School of Accountancy, Sripatum University, Bangkok, Thailand

    Kwannaree Klaprabchone & Montree Chuaychoo

  3. Vorakorn and Suchada Auditing Co., Ltd., Bangkok, Thailand

    Worakorn Chaemmuangpak

Authors
  1. Kwannaree Klaprabchone
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  2. Montree Chuaychoo
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  3. Worakorn Chaemmuangpak
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Editor information

Editors and Affiliations

  1. Faculty of Economics and Business, University of Cantabria, Santander, Spain

    Belén Díaz Díaz

  2. Faculty of Economics and Business, Loyola University New Orleans, New Orleans, USA

    Nicholas Capaldi

  3. London Metropolitan University, London Guildhall Faculty Business & Law, London, UK

    Samuel O. Idowu

  4. Cologne Business School, Cologne, Germany

    René Schmidpeter

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Klaprabchone, K., Chuaychoo, M., Chaemmuangpak, W. (2020). The Impact of Environmental Management Accounting Practices on Organizational Sustainability of the ISO 14001 Companies in Thailand. In: Díaz Díaz, B., Capaldi, N., Idowu, S.O., Schmidpeter, R. (eds) Responsible Business in a Changing World. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-030-36970-5_10

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