Evaluating the Model of Corporate Sustainability Improvement Based on Modern Management Accounting Methods
Keywords:
Management Accounting, Corporate Sustainability, Sustainable Development, Modern Management Accounting Methods.Abstract
The sustainable development approach emphasizes the balance between environmental, social, and economic dimensions, aiming to enhance the quality of life. Given the neglect of these dimensions in traditional management accounting systems, assessing the effective components of management accounting for improving corporate sustainability is essential. This study evaluates the model of corporate sustainability improvement based on modern management accounting methods, which was discovered using the qualitative research method of grounded theory. To this end, a quantitative survey method employing a questionnaire was utilized. The statistical population of the research was selected during the year 2024 through purposeful sampling from among professors and professional members. Analysis was conducted based on structural equation modeling using Smart_Pls and SPSS software. The findings indicate that the sustainable management accounting model based on modern methods assists companies in achieving environmental and social goals while maintaining financial productivity. This leads to the creation of sustainable values and the improvement of societal quality of life. The added knowledge of this research, beyond expanding the management accounting literature for enhancing sustainable development, is that continuous monitoring of goals and the use of appropriate reporting contribute to optimizing strategic decision-making and resource management in companies.
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Copyright (c) 2025 Fateme Malchi (Author); Mehran Hossein Afshari (Corresponding author); Mehdi Rezaei (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
