Sustainability Accounting in Entrepreneurial Perspective: Pentuple Bottom Line Concepts

Dien Ajeng Fauziah; Fatihul Khoir; Ummi Sa’adah; Dimas Hadi Prastyo; Bambang Agoes Hermanto; L. Tri Lestari

doi:10.55927/ministal.v3i4.12577

Authors

Dien Ajeng Fauziah University of Bhayangkara Surabaya
Fatihul Khoir University of Bhayangkara Surabaya
Ummi Sa’adah University of Bhayangkara Surabaya
Dimas Hadi Prastyo University of Bhayangkara Surabaya
Bambang Agoes Hermanto University of Bengkulu
L. Tri Lestari University of Bhayangkara Surabaya

DOI:

https://doi.org/10.55927/ministal.v3i4.12577

Keywords:

Sustainability Accounting, Entrepreneurial Perspective, Pentuple Bottom Line

Abstract

Sustainability accounting, particularly from an entrepreneurial perspective, is increasingly recognized as a critical framework for measuring and enhancing business performance. The Pentuple Bottom Line (PBL) paradigm expands upon traditional accounting frameworks by incorporating five dimensions: people, planet, profit, phenotechnology, and prophet. This holistic approach emphasizes not only financial success but also ethical responsibilities and the broader impact of business activities on society and the environment. Embracing the Pentuple Bottom Line paradigm not only supports sustainable business practices but also aligns entrepreneurial ventures with broader societal goals. By prioritizing ethical considerations alongside traditional profit metrics, businesses can contribute to a more sustainable future while achieving long-term success.

Downloads

Download data is not yet available.

References

Abbas, J., Raza, S., Nurunnabi, M., Minai, M., & Bano, S. (2019). The impact of entrepreneurial business networks on firms’ performance through a mediating role of dynamic capabilities. Sustainability, 11(11), 3006. https://doi.org/10.3390/su11113006

Abdullahi, M., Mohamed, Z., Shamsudin, M., Sharifuddin, J., & Ali, F. (2018). Effects of top leadership culture and strategic sustainability orientation on sustainable development among malaysian herbal‐based smes. Business Strategy & Development, 1(2), 128-139. https://doi.org/10.1002/bsd2.17

Adams, C. and Larrínaga, C. (2019). Progress: engaging with organisations in pursuit of improved sustainability accounting and performance. Accounting Auditing & Accountability Journal, 32(8), 2367-2394. https://doi.org/10.1108/aaaj-03-2018-3399

Apostu, S. and Gigauri, I. (2023). Sustainable development and entrepreneurship in emerging countries: are sustainable development and entrepreneurship reciprocally reinforcing?. Journal of Entrepreneurship Management and Innovation, 19(1), 41-77. https://doi.org/10.7341/20231912

Ascani, I., Ciccola, R., & Chiucchi, M. (2021). A structured literature review about the role of management accountants in sustainability accounting and reporting. Sustainability, 13(4), 2357. https://doi.org/10.3390/su13042357

Badria, N., Sukoharsono, E. G., & Purwanti, L. (2021). Business sustainability and pentuple bottom line: Building the hierarchical pyramid of the pentuple bottom line. International Journal of Research in Business and Social Science (2147- 4478), 10(3), 123–131. https://doi.org/10.20525/ijrbs.v10i3.1156

Belz, F. and Binder, J. (2015). Sustainable entrepreneurship: a convergent process model. Business Strategy and the Environment, 26(1), 1-17. https://doi.org/10.1002/bse.1887

Çalışkan, A. (2014). How accounting and accountants may contribute in sustainability?. Social Responsibility Journal, 10(2), 246-267. https://doi.org/10.1108/srj-04-2012-0049

Chen, H., Tang, Y., & Han, J. (2022). Building students’ entrepreneurial competencies in chinese universities: diverse learning environment, knowledge transfer, and entrepreneurship education. Sustainability, 14(15), 9105. https://doi.org/10.3390/su14159105

Corà, T. (2024). A tool for a design-driven innovation approach to more sustainable business models. Journal of Business Models, 12(1), 71-82. https://doi.org/10.54337/jbm.v12i1.8406

Creel, T. and Paz, V. (2018). Teaching sustainability in an accounting classroom. Discourse and Communication for Sustainable Education, 9(1), 79-85. https://doi.org/10.2478/dcse-2018-0006

Fadlilah, M., Alam, S., & Tenriwaru, T. (2024). Green Accounting: Penerapan Pentuple Bottom Linepada Industri Pengolahan Rumput Laut menuju Sustainability Development. Indonesian Journal of Humanities and Social Sciences, 5(3), 1391–1404. https://ejournal.uit-lirboyo.ac.id/index.php/IJHSS

Filyppova, S., Kovtunenko, Y., Filippov, V., Волощук, Л., & Malin, O. (2021). Sustainable development entrepreneurship formation: system-integrated management tools. E3s Web of Conferences, 255, 01049. https://doi.org/10.1051/e3sconf/202125501049

García-Jurado, A., Pérez-Barea, J., & Nova, R. (2021). A new approach to social entrepreneurship: a systematic review and meta-analysis. Sustainability, 13(5), 2754. https://doi.org/10.3390/su13052754

Gil-Marín, M., Vega-Muñoz, A., Contreras-Barraza, N., Salazar-Sepúlveda, G., Vera-Ruiz, S., & Losada, A. (2022). Sustainability accounting studies: a metasynthesis. Sustainability, 14(15), 9533. https://doi.org/10.3390/su14159533

Hizarci-Payne, A. (2020). Sustainable entrepreneurship., 1-5. https://doi.org/10.1007/978-3-030-02006-4_23-1

Kaur, A. and Lodhia, S. (2019). Sustainability accounting, accountability and reporting in the public sector. Meditari Accountancy Research, 27(4), 498-504. https://doi.org/10.1108/medar-08-2019-510

Kelsall, C. (2020). Ecological management accounting—taking into account sustainability, does accounting have far to travel?. Sustainability, 12(21), 8854. https://doi.org/10.3390/su12218854

Kurnia, I. (2023). Influence of the triple bottom line concept on sustainability and success of tofu smes in magelang. Applied Accounting and Management Review (Aamar), 2(2), 70. https://doi.org/10.32497/aamar.v2i2.5095

Mamun, A., Fazal, S., & Mustapa, W. (2021). Entrepreneurial traits, competency, performance, and sustainability of micro-enterprises in kelantan, malaysia. International Journal of Asian Business and Information Management, 12(3), 381-404. https://doi.org/10.4018/ijabim.20210701.oa23

Mota, B., Gomes, M., Carvalho, A., & Barbosa‐Póvoa, A. (2015). Supply chain design and planning accounting for the triple bottom line., 1841-1846. https://doi.org/10.1016/b978-0-444-63576-1.50001-7

Nechita, E. (2019). Analysis of the relationship between accounting and sustainable development. the role of accounting and accounting profession on sustainable development. Audit Financiar, 17(155), 520-536. https://doi.org/10.20869/auditf/2019/155/021

Proença, T. (2022). Sustainability and the role of hrm. Revista De Administração De Empresas, 62(5). https://doi.org/10.1590/s0034-759020220513

Rajpal, M. (2023). How to drive sustainable entrepreneurial intentions: unraveling the nexus of entrepreneurship education ecosystem, attitude and orientation. Corporate Social Responsibility and Environmental Management, 31(3), 1705-1721. https://doi.org/10.1002/csr.2644

Sukoharsono, E. G. (2019). Sustaining a sustainability report by modifying triple bottom line to pentaple bottom line: an imaginary research dialogue. The International Journal of Accounting and Business Society, 27(1), 119–127. https://doi.org/10.21776/ub.ijabs.2019.27.1.7

Taïbi, S., Antheaume, N., & Gibassier, D. (2020). Accounting for strong sustainability: an intervention-research based approach. Sustainability Accounting Management and Policy Journal, 11(7), 1213-1243. https://doi.org/10.1108/sampj-09-2017-0105

Vărzaru, A., Bocean, C., Mangra, M., & Mangra, G. (2022). Assessing the effects of innovative management accounting tools on performance and sustainability. Sustainability, 14(9), 5585. https://doi.org/10.3390/su14095585

Yang, J., Ai, J., & Fan, L. (2022). A study on sustainable entrepreneurial behavior in china from multiple perspectives. Sustainability, 14(12), 6952. https://doi.org/10.3390/su14126952

Zhu, T. and Peng, H. (2022). Research on the impact of ambidextrous innovation on sustainable entrepreneurial performance from a policy-oriented perspective. Sustainability, 14(18), 11247. https://doi.org/10.3390/su141811247