The Extent of Green Practices And Their Influence on Green Management Control System
Environmental crises have major negative impacts on environment, social and economy in many countries in the world. The concerns on environmental issues have led people and organizations to adopt sustainability practices specifically green practices. A question arises on the role of Accounting in relating business behaviour towards green practices through its governing, monitoring and regulating mechanisms. Many studies have analysed the green practices and their reporting but very few studies been carried out on how green management control system (GMCS) influenced by the green practices. This paper identifies the extent of green practices and their influence on GMCS in public listed companies in Malaysia. With the study sample of 120 companies, findings show that the green practicesare moderate and the GMCS are close to moderate in practice. Green practices have significantly influenced GMCS. This indicates that the public listed companies in Malaysia do involve their management control system in engaging with green issues to establish their concern on the matters.
Index Termsó Sustainability, Green Practices, Green Management Control System.