Evaluation of the relationship between environmental accounting and business performance: the case of Istanbul province

Abstract

Abstract: Today, as a result of economic growth; The increase in technological developments, industrialization and population ratio brought environmental problems with it. With the increase in environmental problems, environmental awareness and the importance of the environment have improved. With the increase in environmental awareness, important developments have occurred in environmental costs and environmental accounting. At this point, businesses have had to integrate environmental accounting into their accounting systems, either voluntarily or compulsorily. Environmental accounting can be defined as the whole of the activities of determining, collecting, analyzing and reporting environmental cost information to relevant persons. The purpose of this study is to evaluate the impact of environmental accounting approaches of businesses on the overall performance of businesses. In addition, it is intended to determine the activities of the businesses being within the scope of the research on environmental issues. For this purpose, a study was carried out on businesses at Beylikdüzü Organized Industrial Zone. Multiple linear regression analysis was conducted for evaluating the relationship between the environmental accounting approaches of businesses, and the overall performance of businesses. In the analysis, the sub-dimensions of environmental accounting were addressed as independent variables, and business performance was addressed as dependent variable. The data, obtained by random sampling method, was analyzed in the SPSS 20 software package. As the result of the study, it was determined that there is a mutually significant relationship between environmental accounting, and performance. However, the environmental accounting approaches of the companies covered by the study were found to be at low level.