Integrating ecological costs into financial accounting: Asian context
This 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 inc...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2024-01-01
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| Series: | BIO Web of Conferences |
| Online Access: | https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05013.pdf |
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| _version_ | 1846139549043916800 |
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| author | Cordova Wilson Onyusheva Irina Voronina Alexandra |
| author_facet | Cordova Wilson Onyusheva Irina Voronina Alexandra |
| author_sort | Cordova Wilson |
| collection | DOAJ |
| description | This 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. |
| format | Article |
| id | doaj-art-4ea4fe67bf4d4e42af2536a80484db8b |
| institution | Kabale University |
| issn | 2117-4458 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | BIO Web of Conferences |
| spelling | doaj-art-4ea4fe67bf4d4e42af2536a80484db8b2024-12-06T09:33:14ZengEDP SciencesBIO Web of Conferences2117-44582024-01-011450501310.1051/bioconf/202414505013bioconf_ForestryForum2024_05013Integrating ecological costs into financial accounting: Asian contextCordova Wilson0Onyusheva Irina1Voronina Alexandra2De La Salle UniversityTuran UniversityRostov State Transport UniversityThis 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.https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05013.pdf |
| spellingShingle | Cordova Wilson Onyusheva Irina Voronina Alexandra Integrating ecological costs into financial accounting: Asian context BIO Web of Conferences |
| title | Integrating ecological costs into financial accounting: Asian context |
| title_full | Integrating ecological costs into financial accounting: Asian context |
| title_fullStr | Integrating ecological costs into financial accounting: Asian context |
| title_full_unstemmed | Integrating ecological costs into financial accounting: Asian context |
| title_short | Integrating ecological costs into financial accounting: Asian context |
| title_sort | integrating ecological costs into financial accounting asian context |
| url | https://www.bio-conferences.org/articles/bioconf/pdf/2024/64/bioconf_ForestryForum2024_05013.pdf |
| work_keys_str_mv | AT cordovawilson integratingecologicalcostsintofinancialaccountingasiancontext AT onyushevairina integratingecologicalcostsintofinancialaccountingasiancontext AT voroninaalexandra integratingecologicalcostsintofinancialaccountingasiancontext |