scholarly journals Management Accounting Change as a Sustainable Economic Development Strategy during Pre-Recession and Recession Periods: Evidence from Russia

2019 ◽  
Vol 11 (11) ◽  
pp. 3139
Author(s):  
Vasilii Erokhin ◽  
Dmitry Endovitsky ◽  
Alexey Bobryshev ◽  
Natalia Kulagina ◽  
Anna Ivolga
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Service Industry ◽  
Management Accounting ◽  
Economic Recession ◽  
Future Application ◽  
Strategic Adaptation ◽  
Sustainable Performance ◽  
Breakeven Analysis ◽  
Intention To Change

The volatility of both global and national markets has emerged in recent years. In response to the changes in the operating environment, organizations have been adopting various practices to ensure sustainable development by anticipating threats and managing risks. While many studies are focusing on the investigation of strategic adaptation to the volatile economic environment, there has been little research examining management accounting (MA) as a sustainable development strategy in times of economic turbulence. This study investigates the degree of variation in the use of MA practices induced by economic recession. Investigating the variations in management accounting practices in Russian organizations in 2000–2013 (pre-recession period) and 2014–2018 (economic recession), the authors explore the change across 54 MA tools split into operation, management, and strategy pillars. The contribution of this study to the literature involves the understanding of the use of particular MA tools across various types of organizations and industries before and during the economic recession, as well as discovering the intention to change the instruments in case the economic situation deteriorates. The survey of four types of organizations (micro, small, medium, and large) in five sectors (service, industry, trade, agriculture, and tourism) was conducted in seven territories of Russia differentiated on the level of their economic performance (well-performing, average, and declining). The survey revealed that, during the crisis, the respondents tend to drop using many of proactive sustainability-oriented MA tools and instead focused on achieving immediate and direct effects on sales, profits, and other performance parameters by employing less-sophisticated short-term MA instruments. The forecast of future application of MA tools in a falling economy revealed that, in an attempt to achieve durable and sustainable performance, the organizations of all types and sectors intended to focus on practices such as risk management variance analysis, rolling forecasts, payback, breakeven analysis, and activity-based management.

On Function Promotion and Sustainable Development Strategy of Old Industrial Relocation Area

2013 ◽  
Vol 295-298 ◽  
pp. 2639-2644
Author(s):  
Meng Ling Li ◽  
Liang Liang
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Service Industry ◽  
Regional Economics ◽  
Industry Development ◽  
Industrial Relocation

With the acceleration of the development progress of industrialization and urbanization, a batch of old industrial relocation areas are playing the irreplaceable role in improving city functions, developing regional economics and integrating & configuring resources after their reconstruction. This paper discusses the function promotion methods of old industrial relocation area and the specific responding strategy of old industrial relocation area’s sustainable development from the angle of service industry development by taking Tiexi District, Shenyang as an example.

INFORMATION AND ANALYTICAL MODEL OF STRATEGIC MANAGEMENT ACCOUNTING AS AN INFORMATION BASIS FOR THE ANALYSIS OF SUSTAINABLE DEVELOPMENT

2021 ◽  
Vol 2 (6) ◽  
pp. 118-124
Author(s):  
T. S. HDEYB ◽  
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Analytical Model ◽  
Management Accounting ◽  
Basic Principles ◽  
The Sustainable Development ◽  
Strategic Management Accounting ◽  
Proposed Model ◽  
Development Goals ◽  
Information Basis

The article discusses development of information and analytical model, as an information basis for the analysis of sustainable development, based on the basic principles and assumptions of the concept of strate-gic management accounting. The proposed model allows to group accounting and analytical information in the context of the sustainable development goals into two blocks: a recreated module and an innovative de-velopment module, for the purpose of evaluating the implementation of the selected development strategy and preparing integrated reports.

scholarly journals DEVELOPMENT OF FINANCIAL STRATEGY IN MANAGEMENT ACCOUNTING

2019 ◽  
Vol 14 (2) ◽  
pp. 170-175
Author(s):  
Гамлет Остаев ◽  
Gamlet Ostaev ◽  
Гузалия Клычова ◽  
Guzaliya Klychova ◽  
Вячеслав Соколов ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Information Needs ◽  
Management Accounting ◽  
Management Tool ◽  
Financial Resources ◽  
Managerial Accounting ◽  
Financial Strategy ◽  
Agricultural Business ◽  
Business Entities

Under modern conditions, the existence of agricultural business in the market requires their sustainable development, which is a significant problem of management accounting. Development of financial strategy in management accounting, as it seems to us, for agricultural enterprises is not so much a necessary measure, as a management tool for business development. The development of the financial strategy of agricultural business includes strategic planning, management accounting, analysis and regulation of the use of financial resources. In addition, the development of financial strategy in management accounting allows you to adjust the targeted allocation of financial resources in the logistical financial system of agricultural business. Management accounting has all the tools and mechanisms to meet the information needs of users of all levels of management for the adoption of management accounting, including for the development of financial strategy. The importance of developing a managerial accounting for financial strategy in an enterprise is that finance is the source for developing the remaining strategies. Thus, financial resources are one of the main restrictions on the volume and activities of enterprises. Comparison of different approaches of researchers regarding the content of financial strategy in the management accounting of an enterprise shows that in modern conditions, the development strategy of agricultural business in general and its financial strategy, in particular, should be considered from the point of view of sustainable development, from the standpoint of social, environmental and economic sustainability of an enterprise. At present, the development of financial strategy in management accounting is a necessity for all business entities, regardless of the type of activity, who see their task in the progressive development and preservation of a stable position in the market.

scholarly journals Decision and Coordination in a Dual-Channel Three-Layered Green Supply Chain

Symmetry ◽  
2018 ◽  
Vol 10 (11) ◽  
pp. 549 ◽  
Author(s):  
Zilong Song ◽  
Shiwei He ◽  
Baifeng An
Keyword(s):  
Sustainable Development ◽  
Supply Chain ◽  
Environmental Performance ◽  
Fresh Produce ◽  
Green Supply Chain ◽  
Market Demand ◽  
Equilibrium Solutions ◽  
Sustainable Performance ◽  
Dual Channel ◽  
Social And Environmental Performance

This paper investigated, for the first time, the game and coordination of a dual-channel, three-layered, green fresh produce supply chain, with regard to its economic, social, and environmental performance. Considering that the market demand is dual-channel priced and sensitive to the degree of greenness and the freshness-level, four game models, under different scenarios have been established. These included a centralized scenario, a decentralized scenario, and two contractual scenarios. The equilibrium solutions under the four scenarios were characterized. From the perspective of a sustainable development, the economic, social, and environmental performance of the supply chain was analyzed. To enhance the supply chain performance, two contract mechanisms were designed and the conditions for a multi-win outcome were obtained. Accordingly, many propositions and management implications were provided. The results showed that, (1) compared to the centralized supply chain case, the performance of the decentralized supply chain case is inferior; (2) in addition to increasing the concentration of the supply chain decisions, the two contracts proposed can effectively coordinate the green supply chain and improve its sustainable performance; and (3) the performance of the supply chain is positively driven by the consumers’ sensitivity to greenness degree and the freshness level of fresh produce. This paper fills a research gap and helps the participants of the channel recognize the operational decision principle of a complex green supply chain, in order to achieve a higher and a long-term sustainable-development performance.

scholarly journals Evaluating Sustainable Development by Composite Index: Evidence from French Departments

2021 ◽  
Vol 13 (2) ◽  
pp. 761
Author(s):  
Jean Bonnet ◽  
Eva Coll-Martínez ◽  
Patricia Renou-Maissant
Keyword(s):  
Sustainable Development ◽  
Regional Scale ◽  
Composite Index ◽  
Energy Transition ◽  
Evaluation Framework ◽  
Sustainable Mobility ◽  
The Sustainable Development ◽  
Sustainable Performance ◽  
Composite Indices ◽  
Hierarchical Ascending Classification

Since the adoption of the Sustainable Development Goals by the United Nations, sustainability has been a key priority for European governments. While previous studies have investigated the associations between indicators of sustainable development, few have directly considered a multidimensional approach to assess and compare the performance of regions in terms of sustainable development. As such, a comprehensive assessment of regional sustainable performance is thus still needed. In this paper, the concept of sustainability relies on the construction of six composite indices (environment and natural resources, energy transition, sustainable mobility, economic dynamism, social cohesion and solidarity, and governance and citizenship) with the aim to provide an evaluation framework for empirically comparing the performance of the 96 metropolitan French Departments. Each dimension is explored by spatial autocorrelation analysis and Hierarchical Ascending Classification (HAC) to classify French Departments providing five different regional profiles of sustainable development. The findings make it possible to identify the strengths and weaknesses of the departments in the implementation of sustainable development. This approach provides the bases for a systematic monitoring of sustainable development policies at the regional scale.

scholarly journals Financial inclusion in China: an overview

2021 ◽  
Vol 15 (1) ◽  
Author(s):  
Weidong Chen ◽  
Xiaohui Yuan
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Digital Technology ◽  
Rapid Development ◽  
Financial Inclusion ◽  
Significant Progress ◽  
Research Directions ◽  
Related Research ◽  
Development Path ◽  
Important Development

AbstractFinancial inclusion has become an important development strategy in many countries, and related research is increasing. Financial inclusion in China has had significant progress recently. It has gradually formed a unique and sustainable development path with supporting policies and regulations as well as rapid development and application of digital technology. While challenges remain, the experience of Chinese financial inclusion provides valuable lessons and research directions for policymakers and researchers.

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