Integrating ecological costs into financial accounting: Asian context

\nThis study investigates the role of corporate reputation as a mediator between environmental investments, sustainable supply chain practices, corporate environmental policies, and financial performance. It analyzes data from companies operating in Asian markets, where sustainability concerns are increasingly significant. The research employs a regression analysis to demonstrate that corporate environmental policies, investments, and supply chain practices enhance a firm’s reputation, which then positively impacts financial outcomes. The results reveal that while corporate reputation plays a critical role in financial performance, its direct impact is relatively modest, explaining around 5.9% of financial variability. The study emphasizes that environmental initiatives indirectly boost financial results through reputation building, particularly in markets where consumers value sustainability.\n

Publication Details

Journal
Springer Link (Chiba Institute of Technology)
Published
2024-11-28
DOI
https://doi.org/10.1051/bioconf/202414505013/pdf
Primary Topic
Corporate Social Responsibility Reporting
Type
article
Field-Weighted Citation Impact
0.00
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article

Integrating ecological costs into financial accounting: Asian context

Springer Link (Chiba Institute of Technology)
Corporate Social Responsibility Reporting
article

Integrating ecological costs into financial accounting: Asian context

article en

Abstract

\nThis study investigates the role of corporate reputation as a mediator between environmental investments, sustainable supply chain practices, corporate environmental policies, and financial performance. It analyzes data from companies operating in Asian markets, where sustainability concerns are increasingly significant. The research employs a regression analysis to demonstrate that corporate environmental policies, investments, and supply chain practices enhance a firm’s reputation, which then positively impacts financial outcomes. The results reveal that while corporate reputation plays a critical role in financial performance, its direct impact is relatively modest, explaining around 5.9% of financial variability. The study emphasizes that environmental initiatives indirectly boost financial results through reputation building, particularly in markets where consumers value sustainability.\n

Springer Link (Chiba Institute of Technology)
Life in Land, Responsible consumption and production
Openalex Percentile: Top 37%
Corporate Social Responsibility Reporting
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