Addressing the Issue of Supply Chain Disruptions Through Sustainable Managerial Accounting and Strategic Investment: An Economic Resilience Booster
DOI:
https://doi.org/10.31150/ajebm.v7i8.2906Keywords:
Investment Portfolios, Managerial Accounting, Sustainability, Supply Chain Management, EconomyAbstract
This study addresses the increasing emphasis on sustainability in business, driven by concerns over climate change, resource depletion, and supply chain disruptions, particularly highlighted by the COVID-19 pandemic. The pandemic underscored the vulnerability of supply chains, prompting a shift towards integrating sustainable practices. This research proposes a novel model that integrates Eco-Financial Integration Portfolios (EFIPs) and Sustainable Management Accounting (SMA) to embed sustainability metrics into investment portfolios. Building on Erhun et al. (2021), who advocate for "triple-A supply chains" that are adaptable, agile, and aligned, this model aims to enhance organizational competitiveness. The research also draws on Govindan et al. (2020), who established a link between sustainability and improved organizational performance. The study employs a meta-analysis approach to demonstrate how integrating SMA and EFIPs into supply chains can optimize cost management and environmental performance, providing a competitive edge. The findings suggest that this approach can strengthen the economy by fostering resilient and sustainable supply chains, addressing key global challenges.
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References
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