ENVIRONMENTAL ACCOUNTING AS A FACTOR OF LOCAL BUSINESS COMPETITIVENESS STIMULATION (THE CASE OF THAILAND)

  • Prateep Wajeetongratana Suan Sunandha Rajabhat University, Bangkok

Abstract

Today’s system of accounting does not contain sufficient volumes of information about environmental incomes and losses of organizations, therefore, it is nearly impossible to evaluate precisely the efficiency of environmental actions taken and environmental protection systems being implemented in order to maintain and/or increase the environmental balance. One of the key elements in the mechanism increasing the quality of economic performance is the system of environmental accounting.

This study explains both theory and methodology of environmental accounting and also determines its role and place within the system of existing types of accounting and reporting in accordance with the IFRS requirements and also Kyoto Protocol. The presented here organizational economic mechanism of environmental accounting allows implementing the latter at concrete enterprises so that to promote and support more efficient managerial decision-making.

Downloads

Download data is not yet available.

Author Biography

Prateep Wajeetongratana, Suan Sunandha Rajabhat University, Bangkok

PhD., Assistant Professor, dean of Faculty of management science at Suan Sunandha Rajabhat University, Bangkok, Thailand, member of organizational board of “Actual economicsts” society, reviewer of 5 International journals. His scientific interests are modern marketing and alternative management theories, sufficient economy and sustainable corporative management. He published more than 40 papers in Thai and International journals, organized more than 15 conferences, prepared 5 training manuals for students.

References

Boghean, F. (2007). Environment Accounting For Sustainable Development. Theoretical and Applied Economics, 6 (511), 257-264.

Deaconu, A. & Buiga, A. (2011). Accounting and the Environmental Factors - an Empirical Investigation in Post-Communist Romania. Journal of Accounting and Management Information Systems, 10 (2), 135-168.

Environmental Performance Index Reveals Dire State of Fisheries, Worsening Air Pollution. http://environment.yale.edu/news/article/2016-yale-environmental-performance-index-released/

Kaneda, I. (2001). Conceptual Issues Including Environmental, Natural Resources, And Ecological Accounting. Encyclopedia of Life Support Systems.

Kouřilová, J. (2003). Agro environment and accounting. Acta Universitatis Bohemiae Meridionales, 6(1), 37-40.

Maria Tilea, D. (2016). Environmental Accounting - Essential Tool for Decision Making. Knowledge Horizons - Economics, . 8(1), 154-156.

Sendroiu, C. & Roman, A. (2007). The Environmental Accounting: an Instrument for Promoting the Environmental Management, Theoretical and Applied Economics. Asociatia Generala a Economistilor din Romania - AGER, 8 (513), 45-48.

Social and Ecological Accounting Matrix: an Empirical Study for China. (2000). Xiaoming PAN Institute of Systems Science Chinese Academy of Sciences (Academia Sinica) Beijing 100080, P.R. China January.

Stanciu I.C. et al. (2011) Accounting Policies Regarding Environmental Costs. Ovidius University Annals, Economic Sciences, XI (1), 1986-1991.

Tamborra, M. & Pavan, M. (2005). Environmental Expenditures. In: Green Accounting in Europe. Edward Elgar Publishing.

Tanc, A. & Gokoglan, K. (2015). The Impact of Environmental Accounting on Strategic Management Accounting: A Research on Manufacturing Companies. International Journal of Economics and Financial Issues, 5(2), 566-573.

Zefinescu, C. (2015). Green Costs in the Context Of Sustainable Development Trends. Constatin Brancusi University of Targu Jiu Annals - Economy Series, 118-122.


Abstract views: 177
PDF Downloads: 201
Published
2020-06-02
How to Cite
Wajeetongratana, P. (2020). ENVIRONMENTAL ACCOUNTING AS A FACTOR OF LOCAL BUSINESS COMPETITIVENESS STIMULATION (THE CASE OF THAILAND). The EUrASEANs: Journal on Global Socio-Economic Dynamics, (3(22), 31-42. https://doi.org/10.35678/2539-5645.3(22).2020.31-42