Abstract
Frameworks for environmental management accounting refer to a number of tools that assist managers to address the environmental effects of their businesses. One area that has not received systematic attention is the link between environmental management accounting information and risk (and environmental risk) management. As a step in this direction the paper, first, reviews risk management and environmental risk management while developing five research questions related to disclosure of information by Australian Commonwealth public sector entities; second, details the research method and sample of public sector entities examined for the four-year period 1999–2002; third, considers the empirical results. These show an increasing level of disclosure and greater disclosure by non-budget entities. The paper draws conclusions and discusses possible future research opportunities in the context of links between environmental management accounting and environmental risk management.
Access provided by Autonomous University of Puebla. Download to read the full chapter text
Chapter PDF
Similar content being viewed by others
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
References
Adams, C.A. (2000), Ethical Reporting Past and Future, Management Accounting, February: 48–51.
Beer, T. and Ziolkowski, F. (1995), Environmental Risk Assessment. An Australian Perspective, Supervising Scientist Report #102. Canberra: Environment Australia.
Bennett, M. and James, P. (1998), The Green Bottom Line. In: Bennett, M. and James. P. (eds.) The Green Bottom Line: Current Practice and Future Trends in Environmental Management Accounting. Sheffield: Greenleaf Publishing, pp. 30–61
Bouma, J.J. and van der Veen, M. (2002), Wanted: A Theory for Environmental Management Accounting, in Bennett, M., Bouma, J.J. and T. Wolters (eds) Environmental Management Accounting: Informational and Institutional Developments. Dordrecht: Kluwer Academic Publishers.
Bouma, J.J. and T. Wolters, (1998), Management Accounting and Environmental Management: A Survey among 84 European Companies. Zoetermeer: EIM and Erasmus University.
Burritt, R.L, Hahn, T. and Schaltegger, S. (2002) Towards a Comprehensive Framework for Environmental Management Accounting — Links Between Business Actors and EMA Tools, Australian Accounting Review 12(2), 39–50.
Burritt, R.L. and Welch, S. (1997), Australian Commonwealth Entities: An Analysis of their Environmental Disclosures, Abacus 33(1): 69–87.
Commission for the Future, (1987), Our Common Future, The World Commission on Environment and Development. Melbourne: Oxford University Press.
Commonwealth of Australia (1990), Ecologically Sustainable Development. A Commonwealth Discussion Paper. Canberra: Australian Government Printing Service, June.
DeLoach, J.W. (2000), Enterprise-wide Risk Management: Strategies for Linking Risk and Opportunity. London: Financial Times/ Prentice Hall.
Dierkes, M. and Preston, L.E. (1997), Corporate Social Accounting Reporting for the Physical Environment: A Critical Review and Implementation Proposal, Accounting, Organizations and Society 2(1): 3–22.
Einhorn, H.J and Hogarth, R.J. (1999), Decision making. Going Forward in Reverse, Harvard Business Review on Managing Uncertainty, Boston, MA: Harvard Business School Publishing.
Elkington, J. (1993), Coming Clean: The Rise and Rise of the Corporate Environmental Report, Business Strategy and the Environment 2(2): 42–44.
Frost, G.R. and Seamer, M. (2002), Adoption of Environmental Reporting and Management Practices: An Analysis of New South Wales Public Sector Entities, Financial Accountability and Management 18(2): 103–127.
Frost, G.R. and Toh, D. (1998), A Study of Environmental Accounting within the New South Wales Public Sector, Accounting Research Journal 11(2): 400–410.
Gibson, R. and Guthrie, J. (1995), Recent Environmental Disclosure in Annual Reports of Australian Public and Private Sector Organisations, Accounting Forum 19(2/3): 111–127.
Gray, R.H. and Bebbington, J. (2001), Accounting for the Environment, 2nd ed. London: Sage Publications.
Gray, R.H., Bebbington, J. and Walters, D. (1993), Accounting for the Environment. London: Chapman Publishing
Gray, R., Owen, D. and Adams, C. (1996), Accounting and Accountability. Changes and Challenges in Corporate Social and Environmental Reporting. London: Prentice-Hall.
Hackston, D. and Milne, M.J. (1996), Some determinants of social and environmental disclosures in New Zealand companies. Accounting, Auditing and Accountability Journal 9(1): 77–108.
Hamner, B. and Stinson, C.H. (1995), Managerial Accounting and Environmental Compliance Costs. Journal of Cost Management Summer: 4–10.
Harris, K. and Thomas, C. (2001), Leaders of the pack, Australian CPA, November 46–47.
Horngren, C.T. Foster, G. and Datar, S.M. (1997), Cost Accounting —A managerial emphasis, 9th ed. New Jersey: Prentice Hall.
Howes, J. (2002), Environmental Cost Accounting. An Introduction and Practical Guide. London: Chartered Institute of Management Accountants.
IGAE (1992), Intergovernmental Agreement on the Environment. Canberra: Commonwealth, State and Territory governments and the Australian Local Government Association, May.
International Organization for Standardization/ International Electrotechnical Commission (ISO/IEC), (2002), Guide 73, Risk management — Vocabulary — Guidelines for use in standards. Geneva: ISO/IEC 16.
Management Advisory Board’s Management Improvement Advisory Committee (MAB/MIAC), (1996), Guidelines for Managing Risk in the Australian Public Service, Report No. 22, Canberra, October.
Milne, M.J. and Adler, R.W. (1999), Exploring the reliability of social and environmental disclosures content analysis, Accounting, Auditing and Accountability Journal 12(2): 237–256.
Otley, D.T. (2001), Extending the Boundaries of Management Accounting Research: Developing Systems for Management Performance, British Accounting Review 33: 243–261.
Parker, L. (2000), Environmental Costing. An Exploratory Examination. Melbourne: Australian Society of Certified Practising Accountants, February.
SA (2000), HB 250-2000 Organisational experiences in implementing risk management practices Canberra: Standards Australia.
SA/SNZ (1999a), SA/SNZ 4360 Risk Management. Strathfield: Australia: Standards Australia and Standards New Zealand, April.
SA/SNZ (1999b), HB 143 Guidelines for managing risk in the Australian and New Zealand public sector. Strathfield: Australia: Standards Australia and Standards New Zealand.
SA/SNZ (2000), HB 203-2000 Environmental risk management — principles and process. Canberra: Standards Australia and Standards New Zealand.
Schaltegger, S. and Burritt, R.L. (2000), Contemporary Environmental Accounting. Sheffield: Greenleaf.
Schaltegger, S., Petersen, H. and Burritt, R.L (2003), An Introduction to Corporate Environmental Management. Striving for Sustainability. Sheffield, UK: Greenleaf.
US EPA (1995), An Introduction to Environmental Accounting as a Business Tool: Key Concepts and Terms. Office of Pollution Prevention and Toxics (United States Environmental Protection Agency: Washington D.C.).
White, A.L. and Savage, D.E. (1995), Budgeting for Environmental Projects: A Survey. Management Accounting October: 48–54.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2005 Springer
About this chapter
Cite this chapter
Burritt, R.L. (2005). Environmental Risk Management and Environmental Management Accounting — Developing Linkages. In: Rikhardsson, P.M., Bennett, M., Bouma, J.J., Schaltegger, S. (eds) Implementing Environmental Management Accounting: Status and Challenges. Eco-Efficiency in Industry and Science, vol 18. Springer, Dordrecht. https://doi.org/10.1007/1-4020-3373-7_7
Download citation
DOI: https://doi.org/10.1007/1-4020-3373-7_7
Publisher Name: Springer, Dordrecht
Print ISBN: 978-1-4020-3371-1
Online ISBN: 978-1-4020-3373-5
eBook Packages: Earth and Environmental ScienceEarth and Environmental Science (R0)