Sustainability Management and Business Strategy in Asia
Katsuhiko Kokubu, Yoshiyuki Nagasaka
Sustainability is a concept that unifies the environment, economy, and society, and has spread as a key concept in enterprise management. The United Nations adopted the Sustainable Development Goals (SDGs) in 2015, which require worldwide efforts to reach a sustainable society, and also applies to private enterprises.
Sustainability should be developed in connection with management strategy, and Asia's role, including that of Japan, is important to improve global sustainability. This book addresses how sustainability management in the Asian context is currently practised and proposes practices for the future.
Investigation of the effect of business domain characteristics on the integration of sustainability and management, and elucidation of the process and features of EMCS (Environmental Management Control System) inside and outside of companies have been indicated. The book points that companies need to use and design Sustainability Management Control Systems in order to implement a CSR (Corporate Social Responsibility) strategy and match employees' behavior to CSR activities.
MFCA (Material Flow Cost Accounting) has started to expand rapidly into other Asian industries from Japan as a method of Environmental Management Control. The fundamental idea and procedure of MFCA and many case examples of Japanese MFCA have been reported. These findings help us to consider a policy for continuous use of MFCA. Moreover, the relationship between Toyota Production System and MFCA has been explained and 'Material Flow Time Costing' as a new management accounting concept is proposed.
Based on the literature review, the study has made recommendations for Asian companies' strategic management and governmental policy-making to improve both quality and quantity of sustainability disclosure in Asia. One of the papers has identified the development and implementation of social and environmental accounting by Indonesian state-owned enterprises and their determining factors. In a Japanese manufacture, the effect of smoothed production has been analyzed as an example of environmental management. This led to an increase in production quality without additional capital spending.Contents:
- Japanese Sustainability Management and Disclosure:
- The Role of Indicators in Integrating Process of Sustainability into Corporate Activities: Case Studies of Japanese Companies (Hirotsugu Kitada and Katsuhiko Kokubu)
- Two Way Processes of Environmental Management Control Systems — Attention to Inside and Outside of Companies (Takashi Ando)
- Do Sustainability Management Control Systems Mediate the Relationship between Corporate Governance and CSR Performance? Evidence from Japan (Jaehong Kim and Katsuhiko Kokubu)
- Legitimacy through Corporate Social Responsibility Rhetoric: An Analysis of Institutional Context and Language (Yuriko Nakao and Katsuhiko Kokubu)
- MFCA Development:
- Development and Possibilities of MFCA as a Tool of Sustainability Management: In View of Japanese, German, and some Asian Experiences (Michiyasu Nakajima)
- How Does Material Flow Cost Accounting Continue in Practice?: The Effective Policy from a Questionnaire Survey (Tatsumasa Tennojiya, Akira Higashida, Hirotsugu Kitada and Jaehong Kim)
- Toward Sustainable Production: The Role of Emotion in Material Flow Cost Accounting Practices (Kana Okada, Naoko Komori and Katsuhiko Kokubu)
- Material Flow Time Costing: New Management Accounting Concept Consistent with Toyota Production System and Material Flow Cost Accounting (Noriyuki Imai)
- Sustainability Management in Asia:
- Comprehensive Environmental Management Control System and Stakeholder Influences: Evidence from Thailand (Katsuhiko Kokubu, Qi Wu, Kimitaka Nishitani, Jittima Tongurai and Pakpong Pochanart)
- Corporate Social and Environmental Reporting Research in Asia: A Structured Literature Review (Trong Q Trinh)
- Which Factors Influence Sustainability Reporting in Indonesia? A Literature Review (Nurhayati Soleha)
- Advanced Topics:
- Pricing Strategy and Cost Compensation of the Platforms of a Two-sided Market — With a Case Study of Amazon Online Shopping (Yasuhiro Monden)
- Environmental Effect and Economic Analysis of Environmentally Conscious Capital Investment — Case of Small Chinese Steel Company A (Xuechao Meng and Shufuku Hiraoka)
- Environmental Management to Improve Production Quantity per Unit of Energy: Case Study of a Japanese Manufacturing Company (Kenji Hirayama and Yoshiyuki Nagasaka)
Readership: For readers who would like to understand how sustainability management is practised in the Asian context and the proposed practices for the future.Sustainability Management Control System;Sustainable Supply-Chain Management;Corporate Governance and Sustainability;Sustainability Information Disclosure;Environmental and Sustainability Management Accounting0Key Features:
- Current topics about sustainability management in Asia including case studies are shown
- Theory and practical examples of sustainability connected with management strategy are clearly indicated
- All papers are written by top level researchers in this field