Main Article Content
The objective of this research was to study on the casual relationship model of the feature factors influencing environmental management report of companies listed on the Stock Exchange of Thailand. The research was conducted by studying data from the Annual Report (Form 56-1), annual financial statements and 2015 Financial Statements notes with a sample population from 362 companies. Data of the structural equation model were analyzed by a statistical program called Multiple Indicators and Multiple Causes (MIMIC) Model.
The results of consistency test of the causal relationship model of corporate feature factors (CHA) influencing the Environmental Management (EVM) report found that the model by assumptions was consistent with empirical data, with the following statistical test; 16.22 Chi Square, 0.062 statistical probability (p), 9 degrees of freedom (df), 1.80 for 2/2 value, 0.047 RMSEA, 0.033 SRMR, 0.99 GFI, 0.98 CFI, and 0.96 AGFI. In addition, the latent feature variable of the company (CHA) had a direct positive influence on the environmental management (EVM) report at a statistical significance of 0.01, with influence coefficient of 0.26.
Keywords: Environmental Management, Report, Casual Relationship Model
Burritt, R.L And Saka, C. (2006). Environmental Management Accounting Applications Andeco-Efficiency: Case Studies from Japan. Journal of Cleaner Production (14) : 1262 - 1275.
Deegan, D. (2003). Introduction:The Legitimizing Effect of Social and Environmental Disclosures: A Theoretical Foundation. Accountability Auditing & Accountability, 5 : 282-311.
Gorton, Gary B., Lixin Huang and Qiang Kang (2010). The Limitations of Stock Marketefficiency: Price Informativeness and CEO Turnover. Working Paper, Yale University
Gustavo Tanaka Nakasone (2015). Environmental Accounting in Peru: A Proposal Based on Thesustainability Reporting in The Mining, Oil And Gas Industries. Contabilidad Y Negocios, 10 (19), Pp. 6 – 26.
Hair, J. F., Anderson, R. E., Tatham, R. L., & Black, W. C. (1998). Multivariate Data Analysis (5th Ed.). Upper Saddle River, NJ: Prentice Hall.
Jalaludin, D., Sulaiman, M., & Ahmad, N. N. N. (2011). Understanding Environmental Management Accounting (EMA) Adoption: A New Institutional Sociology Perspective. Social Responsibility Journal, 7(4), Pp. 540 − 557.
Katherine Christ And Roger Leonard Burritt (2013).Critical Environmental Concerns In Wine Production: An Integrative Review. Journal Of Cleaner Production, 53, PP. 232 – 242.
Masanet Llodra, M. J. (2006). Environmental Management Accounting: A Case Studyresearch On Innovative Strategy. Journal Of Business Ethics, 68: 393 – 408
Neelam Singh, Suresh Jain And Prateek Sharma (2015). Motivations For Implementing Environmental Management Practices In Indian Industries. Ecological Economics, 109 : 1 – 8.
Staniskis, K. And Stasiskiene, Z (2006). Environmental Management Accounting In Lithuania: Exploratory Study Of Current Practices, Opportunities And Strategic Intents. Journal Of Cleaner Production, 14 :1252 -1261.
Stock Exchange Of Thailand , Corporate Social Responsibility Institute (CSRI), Thaipat Institute. (2012). Guidelines For The Preparation Of Sustainability Reports, Bangkok: Edition 1.
Sukcharoensin, S. (2003). Essays On Corporate Governance, Outside Directors, And Firmperformance. Unpublished Dissertation, The JDBA, Bangkok.