The Role of EMA and Innovation in achieving Competitive Advantage: A Bibliometric Analysis

Abstract

Objective: The alarming climate change situation demands immediate actions to control this situation and organizations must employ environmentally friendly business operations. Organizations are linking environmental concerns with their business objectives to acquire a strong position in the market.

Methodology: This study adopted bibliometric analysis to examine the role of Environmental Management Accounting in gaining a competitive advantage. For this purpose, 475 articles were extracted from the WoS database from 2010 to 2024. In the search bar of the WoS database, the selection of keywords in the first stage was “Environmental Management Accounting” OR “Radical Innovation” AND “competitive advantage” used. After refining the results, the file was extracted and the VOSviewer software was used to conduct a bibliometric analysis of the data.

Results: The findings of this study indicate the different regions that are contributing significantly to this field of knowledge around the globe. The findings also indicate the top authors, journals, and articles that worked in this area of study. The results of this study indicate future research directions and research scholars can consider these directions for their research projects in the future. The result also indicated research themes that are widely used by authors and how these are closely related.

Conclusion: This bibliometric analysis helps to identify the top-cited authors and their works. This study provides in-depth practical solutions to industry practitioners, policymakers, and research scholars.