Business Sustainability from the Ground Up: The Strategic Role of Green Accounting in SMEs. A Literature Review
DOI:
https://doi.org/10.26867/Keywords:
Business sustainability, Corporate performance, SMEs, Corporate social responsibility, Environmental accountingAbstract
This study examines the role of environmental accounting in sustainability implementation in SMEs in emerging markets. The PRISMA methodology, a set of guidelines for reporting systematic reviews and meta-analyses, was used in Scopus. The focus was on how SMEs can integrate environmental accounting practices in the face of the challenges posed by current economic changes and technological advances. The results indicate that environmental accounting is essential for managing environmental costs and fostering corporate social responsibility, offering companies a strategic tool to improve their sustainability performance. However, its effective adoption requires overcoming significant obstacles, such as the implementation of environmental management systems that align with modern management techniques, including activity-based management and process reengineering. It is concluded that by integrating environmental criteria into accounting processes, organizations can not only improve their accountability and public image but also promote decision-making that aligns economic and environmental objectives.
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