The Impact of Managerial Perception of Environmental Accounting on Sustainable Performance: Evidence from LISCO
DOI:
https://doi.org/10.58987/dujhss.v4i8.308Keywords:
Environmental accounting, Managerial perception, Sustainable performance, LISCO, LibyaAbstract
In this study, the influence of managerial perception of environmental accounting on sustainable performance in the Libyan Iron and Steel Company (LISCO) was investigated. It is designed to measure how much managers’ environmental accounting awareness can influence the improvement of environmental, social, and economic performance. A descriptive analytical approach was taken, while primary data were gathered using a structured questionnaire for the managers in the selected departments in the sample using purposive sampling. The total number of questionnaires distributed was 65, of which 54 questionnaires were returned and analyzed by using the Statistical Package for the Social Sciences (SPSS). The findings reveal that managerial perception of environmental accounting is at a high level and has a statistically significant positive effect on sustainable performance overall, as well as on each of its three dimensions: environmental, social and economic performance. The results validate that managerial awareness plays an important role in the outcomes of sustainability in an industrial context of a developing economy. This study is one of the scarce empirical studies in the Libyan context that explores the strategic importance of environmental accounting to improve organizational performance, especially in developing and institutionally evolving environments.
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