Corporate Sustainability Accounting: Beyond Unfreezing
Year: 2012
Type: article
Abstract: The adoption of sustainability accounting practices has hardly been examined to date. To facilitate companies in dealing with sustainability issues, an understanding of the challenges in the adoption of sustainability accounting practices needs to be gained. This empirical paper conducts a qualitative analysis on related developments, based on research data collected in 16 companies in the UK and Germany. The paper adopts a change management perspective to identify obstacles in the adoption of sustainability accounting practices and groups these in three stages – unfreezing, moving and refreezing. The analysis clearly classifies the companies to the three stages proposed. Most companies are located in the unfreezing stage, because of the complex challenges identified in overcoming this stage. In consequence, the challenges beyond unfreezing have yet to be addressed. The insights gained shed light on challenges in the process of adopting sustainability accounting practices and contribute to accelerating their adoption.
Author: Zvezdov, Dimitar
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2189548649