Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)

The introduction of Material Flow Cost Accounting (MFCA) to five companies under the Malaysia Productivity Corporation (MPC) project has shown that these companies have indeed achieved simultaneous benefits of economic gains and environmental sustainability. This paper highlights the experience of o...

Full description

Bibliographic Details
Main Authors:	Sulong, Farizah, Sulaiman, Maliah, Mohd Alwi, Norhayati
Format:	Article
Language:	English English English
Published:	Elsevier Inc. 2015
Subjects:	HJ9701 Public accounting
Online Access:	http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/1/50809_Material_Flow_Cost_Accounting_%28MFCA%29.pdf http://irep.iium.edu.my/50809/2/50809_Material_Flow_Cost_Accounting_%28MFCA%29__WOS.pdf http://irep.iium.edu.my/50809/3/50809_Material_Flow_Cost_Accounting_%28MFCA%29__SCOPUS.pdf

id	iium-50809
recordtype	eprints
spelling	iium-508092017-09-20T08:06:28Z http://irep.iium.edu.my/50809/ Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME) Sulong, Farizah Sulaiman, Maliah Mohd Alwi, Norhayati HJ9701 Public accounting The introduction of Material Flow Cost Accounting (MFCA) to five companies under the Malaysia Productivity Corporation (MPC) project has shown that these companies have indeed achieved simultaneous benefits of economic gains and environmental sustainability. This paper highlights the experience of one of the companies, emphasising how one can leverage enablers and also overcome barriers to implementing MFCA in a small and medium-sized enterprise (SME) in Malaysia. Driven by the diffusion of innovation (DOI) theory, the case company found most of its enablers within MFCA's own attributes. Additionally other factors such as the team composition, interpersonal communication, and efforts of the change agents were instrumental in the success of the MFCA implementation. However, the company was also constrained by its suppliers. More importantly, it is envisaged that a potential hurdle for MFCA advancement is when performance management issues are not addressed by higher management. Drawing upon the company's experience and the theoretical literature, other barriers that may also be encountered by SMEs in Malaysia are also discussed. These include for example, overcoming the traditionalist view held by most SMEs, persevering the implementation processes on their own without the direct assistance from MPC and several others. Elsevier Inc. 2015-12-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/50809/1/50809_Material_Flow_Cost_Accounting_%28MFCA%29.pdf application/pdf en http://irep.iium.edu.my/50809/2/50809_Material_Flow_Cost_Accounting_%28MFCA%29__WOS.pdf application/pdf en http://irep.iium.edu.my/50809/3/50809_Material_Flow_Cost_Accounting_%28MFCA%29__SCOPUS.pdf Sulong, Farizah and Sulaiman, Maliah and Mohd Alwi, Norhayati (2015) Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME). Journal of Cleaner Production, 108 (Part B). pp. 1365-1374. ISSN 0959-6526 http://www.sciencedirect.com/science/article/pii/S0959652614008610 10.1016/j.jclepro.2014.08.038
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	HJ9701 Public accounting
spellingShingle	HJ9701 Public accounting Sulong, Farizah Sulaiman, Maliah Mohd Alwi, Norhayati Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
description	The introduction of Material Flow Cost Accounting (MFCA) to five companies under the Malaysia Productivity Corporation (MPC) project has shown that these companies have indeed achieved simultaneous benefits of economic gains and environmental sustainability. This paper highlights the experience of one of the companies, emphasising how one can leverage enablers and also overcome barriers to implementing MFCA in a small and medium-sized enterprise (SME) in Malaysia. Driven by the diffusion of innovation (DOI) theory, the case company found most of its enablers within MFCA's own attributes. Additionally other factors such as the team composition, interpersonal communication, and efforts of the change agents were instrumental in the success of the MFCA implementation. However, the company was also constrained by its suppliers. More importantly, it is envisaged that a potential hurdle for MFCA advancement is when performance management issues are not addressed by higher management. Drawing upon the company's experience and the theoretical literature, other barriers that may also be encountered by SMEs in Malaysia are also discussed. These include for example, overcoming the traditionalist view held by most SMEs, persevering the implementation processes on their own without the direct assistance from MPC and several others.
format	Article
author	Sulong, Farizah Sulaiman, Maliah Mohd Alwi, Norhayati
author_facet	Sulong, Farizah Sulaiman, Maliah Mohd Alwi, Norhayati
author_sort	Sulong, Farizah
title	Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
title_short	Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
title_full	Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
title_fullStr	Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
title_full_unstemmed	Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)
title_sort	material flow cost accounting (mfca) enablers and barriers: the case of a malaysian small and medium-sized enterprise (sme)
publisher	Elsevier Inc.
publishDate	2015
url	http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/ http://irep.iium.edu.my/50809/1/50809_Material_Flow_Cost_Accounting_%28MFCA%29.pdf http://irep.iium.edu.my/50809/2/50809_Material_Flow_Cost_Accounting_%28MFCA%29__WOS.pdf http://irep.iium.edu.my/50809/3/50809_Material_Flow_Cost_Accounting_%28MFCA%29__SCOPUS.pdf
first_indexed	2023-09-18T21:11:53Z
last_indexed	2023-09-18T21:11:53Z
_version_	1777411307605065728

Material Flow Cost Accounting (MFCA) enablers and barriers: the case of a Malaysian small and medium-sized enterprise (SME)

Similar Items