The Impact of Strategic Cost Management on Financial Performance with Emphasis on Environmental Costs

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

NAZARIPOUR MOHAMMAD; Mirzaee Fahimeh

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF INDUSTRIAL MANAGEMENT STUDIES Year:2019 | Volume:16 | Issue:51 Page(s): 207-234

Download Full-Text

Persian Verion

View:

1,027

Download:

Cites:

Information Journal Paper

Title

The Impact of Strategic Cost Management on Financial Performance with Emphasis on Environmental Costs

Author(s)

NAZARIPOUR MOHAMMAD | Mirzaee Fahimeh | Issue Writer Certificate

Keywords

Strategic Cost ManagementQ2

Tracking of Environmental CostsQ1

Implementation of Environmental Initiatives and Financial PerformanceQ1

Abstract

The purpose of this study is to investigate the impact of two important component of Strategic Cost Management (SCM) (executional cost management and structural cost management) on financial performance. For this purpose, one specific context is investigated, namely environmental costs. The environmental costs reflect an ‘ executional’ aspect aimed at managing, controlling and optimizing costs for a given environmental strategy, but also a ‘ structural’ aspect based on their influence on the firm's cost structure notably in terms of product design, raw materials used and operational process design. Survey data have been collected on a sample of 126 Esfahan’ s manufacturing firms. In order to analyze the research hypotheses Pearson correlation matrix and the structural equation model were used. According to the research findings, Tracking of Environmental Costs and implementation of environmental initiatives have significant effects on financial performance. Executional cost management (the Tracking of Environmental Costs) and structural cost management (the implementation of environmental initiatives) are related to each other and they act together to contribute to financial performance. Finally, through improving the current cost structure and providing new initiatives regarding cost structure, the Tracking of Environmental Costs has influence on financial performance.

Cites

No record.

References

No record.

Cite

APA: Copy

NAZARIPOUR, MOHAMMAD, & Mirzaee, Fahimeh. (2019). The Impact of Strategic Cost Management on Financial Performance with Emphasis on Environmental Costs. JOURNAL OF INDUSTRIAL MANAGEMENT STUDIES, 16(51 ), 207-234. SID. https://sid.ir/paper/213257/en

Vancouver: Copy

NAZARIPOUR MOHAMMAD, Mirzaee Fahimeh. The Impact of Strategic Cost Management on Financial Performance with Emphasis on Environmental Costs. JOURNAL OF INDUSTRIAL MANAGEMENT STUDIES[Internet]. 2019;16(51 ):207-234. Available from: https://sid.ir/paper/213257/en

IEEE: Copy

MOHAMMAD NAZARIPOUR, and Fahimeh Mirzaee, “The Impact of Strategic Cost Management on Financial Performance with Emphasis on Environmental Costs,” JOURNAL OF INDUSTRIAL MANAGEMENT STUDIES, vol. 16, no. 51 , pp. 207–234, 2019, [Online]. Available: https://sid.ir/paper/213257/en

Related Journal Papers