Conceptual Model for Integrating Environmental Impact in Managerial Accounting Information Systems

Abstract

The main research objective is to develop a conceptual accounting model to reflect the environmental impact generated by the economic activity of Romania’s entities. In order to identify the current stage of the use of environmental accounting by the Romanian economic entities, the questionnaire used was based on a random sample of 377 entities whose economic activity has a significant impact on the environment. The results suggest the need to develop a model for integrating environmental impact into accounting. The model is based on the description of the technological process and determination of the environmental impact on each activity, stage, or procedure of the technological process, which enterprise will integrate its monetary value in the cost of production and will reflect it in the management accounting system, using specific environmental accounting instruments. The model involves five stages, and by combining internal and external information provided by environmental management accounting is a relevant source for substantiating decisions to promote environmental responsibility in Romanian companies.

Impact of Digitalization on Customers’ Well-Being in the Pandemic Period: Challenges and Opportunities for the Retail Industry

“…For one, social media channels are particularly popular with younger users as a shopping platform [18,31,32]. At the same time, security, credibility, and trust are essential [7,8,26,33,34]. Companies are storing large amounts of data being worrisome amongst consumers regarding personal privacy [35,36].…”

“…The advancement of mobile connectivity, security issues, and app development has spurred retailers to offer services, products, and payment gateways over the smartphone [8,[11][12][13]. However, m-commerce depends on hardware and software infrastructure for m-commerce [14,28,30,33], which arouses other issues.…”

“…The current health crisis can lead to long-term changes in customer’s behavior and well-being [ 5 ]. The onset of social isolation and distance connected with technological development produces definite changes in customer preferences on shopping and payments [ 6 ], bringing new advantages but also concerns related to trust and privacy [ 7 , 8 ]. Even after COVID-19, there will remain significant changes in daily life and shopping behavior because every crisis offers opportunities, and the COVID-19 pandemic is no exception [ 1 , 2 , 3 ].…”

“…Although the literature surrounding online commerce is extensive [ 6 , 8 , 9 ], m-commerce has lacked academia’s attention, especially in the pandemic period. Mobile commerce (m-commerce) refers to the use of wireless handheld devices to conduct online transactions such as purchasing products or services, online banking, and bill payment [ 4 , 10 , 11 , 12 ].…”

Design and Development of an Eco-Innovation Management Information System to Accelerate Firms’ Digital Transformation Strategy

“…From this juncture, there are two overarching challenges that need addressing. Firstly, the development of accessible eco-innovation and environmental data and information systems for firms to utilize [24]- [26]. Secondly, for firms to transition from identifying and analyzing problems to designing effective system solutions (which remain relatively underexplored) [27].…”