Environmental Management Accounting Affects Bank Performance

This study aims to estimate the effect of environmental
management accounting (EMA) on Vietnamese bank performance under the mediating
role of environmental costs. The research employs
qualitative methods, such as expert interviews and surveys, alongside
quantitative methods, such as Partial least squares Structural Equation
Modeling (PLS-SEM). The findings revealed a positive
correlation between EMA and knowledge management, green innovation, and
environmental costs. Additionally, knowledge management and green innovation
significantly positively influence environmental costs. Notably, the study
emphasizes the interplay between EMA and a bank's performance, mediated by
environmental costs. Recognizing the significance of environmental costs in the
total cost structure, this study highlights their potential emergence in the
provision of financial services. This study underscores the role of
environmental accounting, which integrates the financial and management
accounting aspects, in providing information on these costs.