Integrating ecological costs into financial accounting: Asian context

BIO Web of Conferences, 2024

Full text Open access: Gold Metadata (CSL-JSON)
DOI 10.1051/bioconf/202414505013
Data confidence 85 high
How this score is calculated

It is built from checkable properties of the record itself: whether the article has a DOI, how many independent sources confirmed its data, whether the required fields are filled in, and how recent the latest confirmation is. Disagreement between sources and a missing identifier lower it. A value of 80 or above means the record was published without further checking; 60 to 79 means it is published at reduced confidence, with a manual check advisable. A record verified by an editor by hand is never pushed below 90 by a recalculation. This scores our data about the article, not the article itself.

Abstract

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.