Factors Affecting the Decision to Apply Material Flows Cost Accounting in Thai Nguyen Based Steel Production Enterprises
Main Article Content
Abstract
The material flows cost accounting (MFCA) method applied in steel production enterprises is one of the solutions to improve the production process, the input of materials, and environmental performance, and to fundamentally renovate price calculation. Through a survey of 119 accountants and managers working in 13 steel enterprises in Thai Nguyen, it is indicated that the application of MFCA depends on the legal documents on the environmental accounting, strategy, resources, and accounting system of those enterprises.
Keywords:
Material flow cost accounting (MFCA), steel production enterprises.
References
[1] K. Kokubu, H. Tachikawa, Material Flow Cost Accounting: Significance and Practical Approach, Handbook of Sustainable Engineering, Springer, Dordrecht, 2013.
[2] M. Danida, Viettnam Cleaner production Centre, Manual document Cleaner production in the steel industry by Electric Arc Furnace, version October, 2008 (in Vietnamese).
[3] M. Yagi, K. Kokubu, “Corporate material flow managemet in Thailand: The way to materal flow cost accounting”, https://mpra.ub.uni-muenchen.de/87926/, 2018 (accessed 06 August 2019).
[4] H. Robert, Chenhall, “Management control systems design within its organizational context: Findings from contingencybased research and directions for the future, Accounting”, Organizations and Society, Volume 28 (2003) 127-168. https://maaw.info/ArticleSummaries/ArtSumChenhall2003.htm (accessed 06 August 2019).
[5] B. Barbara, Flynn, B. Huo, X. Zhao, “The impact of supply chain integration on performance: A contingency and configuration approach”, Journal of Operations Management 28 (2010) 58-71.
[6] M.A. Khaled, Salim, A.M. Amir, M. Sulaiman, “Material Flow Cost Accounting, Perceived Ecological Environmental Uncertainty, Supplier Integration and Business Performance: A Study of Manufacturing Sector in Malaysia”, Asian Journal of Accounting and Governance 8 (2017) 107-121.
[7] J. Hyršlová, M. Vágner, J. Palásek, “Material flow cost accounting (MFCA) - Tool for the optimization of corporate production processes”, Business, Management and Education 9(1) (2011) 5-18.
[8] A.O. Alkisher, “Factors influencing Environmental Management Accounting adoption in Oil and Manufacturing firms in Libya”, Doctor of Philosophy Universiti Utara Malaysia, 2013.
[9] Z. Karimi, M. Dastgir, M.A. Saleh, “Analysis of Factors Affecting the Adoption and Use of Environmental Management Accounting to Provide a Conceptual Model”, International Journal of Economics and Financial Issues 7(3) (2017) 555-560.
[10] W.L. Ntalamia, “Factors Influencing Adoption of Environmental Management Accounting (EMA) Practices Among Manufacturing Firms in Nairobi, Kenya”, Researchjournali’s Journal of Finance 5(2) (2017) 1-16.
[11] N.T. Nga, “Environmental cost management accounting in steel production enterprises in Vietnam”, National Economic University Hanoi, 2017 (in Vietnamese).
[12] J. Hair, W. Black, B. Babin, R. Anderson, R. Tatham, Multivariate Data Analysis (6th ed.), Uppersaddle River, N.J.: Pearson Prentice Hall, 2006.
[2] M. Danida, Viettnam Cleaner production Centre, Manual document Cleaner production in the steel industry by Electric Arc Furnace, version October, 2008 (in Vietnamese).
[3] M. Yagi, K. Kokubu, “Corporate material flow managemet in Thailand: The way to materal flow cost accounting”, https://mpra.ub.uni-muenchen.de/87926/, 2018 (accessed 06 August 2019).
[4] H. Robert, Chenhall, “Management control systems design within its organizational context: Findings from contingencybased research and directions for the future, Accounting”, Organizations and Society, Volume 28 (2003) 127-168. https://maaw.info/ArticleSummaries/ArtSumChenhall2003.htm (accessed 06 August 2019).
[5] B. Barbara, Flynn, B. Huo, X. Zhao, “The impact of supply chain integration on performance: A contingency and configuration approach”, Journal of Operations Management 28 (2010) 58-71.
[6] M.A. Khaled, Salim, A.M. Amir, M. Sulaiman, “Material Flow Cost Accounting, Perceived Ecological Environmental Uncertainty, Supplier Integration and Business Performance: A Study of Manufacturing Sector in Malaysia”, Asian Journal of Accounting and Governance 8 (2017) 107-121.
[7] J. Hyršlová, M. Vágner, J. Palásek, “Material flow cost accounting (MFCA) - Tool for the optimization of corporate production processes”, Business, Management and Education 9(1) (2011) 5-18.
[8] A.O. Alkisher, “Factors influencing Environmental Management Accounting adoption in Oil and Manufacturing firms in Libya”, Doctor of Philosophy Universiti Utara Malaysia, 2013.
[9] Z. Karimi, M. Dastgir, M.A. Saleh, “Analysis of Factors Affecting the Adoption and Use of Environmental Management Accounting to Provide a Conceptual Model”, International Journal of Economics and Financial Issues 7(3) (2017) 555-560.
[10] W.L. Ntalamia, “Factors Influencing Adoption of Environmental Management Accounting (EMA) Practices Among Manufacturing Firms in Nairobi, Kenya”, Researchjournali’s Journal of Finance 5(2) (2017) 1-16.
[11] N.T. Nga, “Environmental cost management accounting in steel production enterprises in Vietnam”, National Economic University Hanoi, 2017 (in Vietnamese).
[12] J. Hair, W. Black, B. Babin, R. Anderson, R. Tatham, Multivariate Data Analysis (6th ed.), Uppersaddle River, N.J.: Pearson Prentice Hall, 2006.