@thesis{thesis,
		author={Satwiko Oetomo Adji Basoeki },
		title ={External Pressures And Financial Performance: The Mediating Effect Of Material Flow Cost Accounting},
		year={2020},
		url={https://repository.unair.ac.id/100399/},
		abstract={The purpose of this research is to explain the effect of external pressures based on the institutional theory, which consist of regulatory pressures and market pressures, to financial performance. This research also tries to discover the effect of external pressures on the application of Material Flow Cost Accounting (MFCA) to the financial performance of Micro, Small, and Medium Enterprises (MSMEs) in East Java, Indonesia. This study uses quantitative approach and questionnaire survey to 1,104 MSMEs under the supervision of Cooperative and Small-Medium Enterprises Office of East Java region for the data collection, and employing partial least squares structural equation modelling (PLS-SEM) to test the hypotheses. The results show that pressures from the regulation and market to implement green practices improve the financial performance. Moreover, the application of MFCA partially mediates this relationships, and it proves that the implementation of Environmental Management Accounting (EMA) tool is beneficial for MSMEs in East Java. This study has several limitations. First, despite the pilot test conducted before the data collection, there are still issues regarding inefficient and difficult wording of the questionnaire items. Second, this study uses small size of sample from one region in Indonesia (East Java). Third, the COVID-19 pandemic affect the willingness of MSMEs owners to fill the questionnaires as MSMEs are being busy to develop ways to survive in the declining economic conditions. This research tries to answer the scarcity of research that develop MFCA in a survey-based quantitative research and provide empirical results, by incorporating the institutional theory and its effect on the financial performance.}
		}