Environmental Management Accounting dan Eco-Innovation terhadap Kinerja Keuangan Berkelanjutan melalui Efisiensi Biaya

Authors

  • Mahyudin Mahyudin Politeknik Unggul LP3M
  • Martin Martin Universitas Mahkota Tricom Unggul
  • Mardiah Hasanah Nasution Akademi Akuntansi YPK Medan

DOI:

https://doi.org/10.54259/akua.v5i3.7818

Keywords:

Environmental Management Accounting, Eco-Innovation, Cost Efficiency, Sustainable Financial Performance

Abstract

This research was conducted to examine how Environmental Management Accounting (EMA) and Eco-Innovation affect Sustainable Financial Performance, with Cost Efficiency acting as a mediating variable among SMEs in Medan City. A quantitative method with an explanatory research framework was applied in this study. The research population included 341 culinary SMEs officially registered at the Investment and One-Stop Integrated Service Office (DPMPTSP) of Medan City. By applying the Slovin formula, 184 respondents were selected as the research sample. Data were gathered through questionnaire distribution using a Likert-scale measurement. The analysis was carried out using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The findings show that Eco-Innovation positively and significantly influences both Cost Efficiency and Sustainable Financial Performance. In addition, Cost Efficiency was found to positively contribute to Sustainable Financial Performance. Environmental Management Accounting also demonstrated a positive and significant impact on Cost Efficiency; however, its direct relationship with Sustainable Financial Performance was negative though still statistically significant. Moreover, Cost Efficiency was proven to mediate the effect of Eco-Innovation on Sustainable Financial Performance and also mediate the relationship between Environmental Management Accounting and Sustainable Financial Performance. Overall, the results suggest that adopting eco-friendly innovations alongside environmental management accounting practices can strengthen operational efficiency and support the long-term financial sustainability of SMEs.

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Published

2026-07-15

How to Cite

Mahyudin, M., Martin, M., & Mardiah Hasanah Nasution. (2026). Environmental Management Accounting dan Eco-Innovation terhadap Kinerja Keuangan Berkelanjutan melalui Efisiensi Biaya. AKUA: Jurnal Akuntansi Dan Keuangan, 5(3), 769–782. https://doi.org/10.54259/akua.v5i3.7818

Issue

Vol. 5 No. 3 (2026): Juli 2026

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Articles

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Copyright (c) 2026 Mahyudin Mahyudin, Martin Martin, Mardiah Hasanah Nasution

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