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Implementation of Environmental Management Accounting and Energy Efficiency for Green Economy Achievements in the Textile Industry in Indonesia

Author

Listed:
  • Lely Kumalawati

    (Politeknik Negeri Madiun, and PhD Student University of Brawijaya, Indonesia,)

  • Made Sudarma

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

  • Aulia Fuad Rahman

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

  • Syaiful Iqbal

    (Faculty of Economics and Business, University of Brawijaya, Indonesia.)

Abstract

This paper aims to examine the conceptual framework that describes the relationship between environmental management accounting, energy efficiency and green economy outcomes. In this paper, the authors argue that environmental management accounting and energy efficiency can directly influence the achievement of a green economy. This paper examines survey responses of top management in an East Java textile company registered with the Indonesian Central Bureau of Statistics. The time horizon for data collection is cross-sectional. The hypothesis was tested using a multiple linear regression analysis approach, by interpreting the regression model through the significance coefficient value to see the partial effect. In general, the proposed framework obtains adequate fit statistical results. Furthermore, the results support the argument that there is a positive and significant effect of environmental management accounting and energy efficiency on achieving a company's green economy. The limitations of this study relate to the small sample size, because environmental results and energy use are still considered confidential by many companies in Indonesia. These results can be a specific reference for policy making in companies to continue to support the achievement of green economy goals in Indonesia. This study contributes to the accounting literature, particularly in the mechanism of environmental management accounting information through empirical evidence.

Suggested Citation

  • Lely Kumalawati & Made Sudarma & Aulia Fuad Rahman & Syaiful Iqbal, 2023. "Implementation of Environmental Management Accounting and Energy Efficiency for Green Economy Achievements in the Textile Industry in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 149-156, March.
    • Handle: RePEc:eco:journ2:2023-02-15
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    References listed on IDEAS

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    4. Pablo Archel & Javier Husillos & Carlos Larrinaga & Crawford Spence, 2009. "Social disclosure, legitimacy theory and the role of the state," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 22(8), pages 1284-1307, October.
    5. Edward Tello & James Hazelton & Lorne Cummings, 2016. "Potential users’ perceptions of general purpose water accounting reports," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 29(1), pages 80-110, January.
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    Citations

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    Cited by:

    1. Silas Mukwarami & Huibrecht M. Poll, 2024. "Critical environmental management accounting practices influencing service delivery of growing cities in a developing economy: a review and conceptual framework," Environment Systems and Decisions, Springer, vol. 44(3), pages 710-739, September.

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    More about this item

    Keywords

    environmental management accounting; energy efficiency; green economy; energy saving;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment

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