The analysis of the company’s financial position within the context of climate change

The financial impact of environment destruction is very important, and entities have to present information concerning the implemented environmental policies, objectives and programs, the expenses made in this field, the met ecological risks. Accounting is the main source of information that allows...

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Veröffentlicht in:EuroEconomica 2009, Vol.22 (1), p.16-34
Hauptverfasser: Paraschivescu, Marius-Dumitru, Pavaloaia, Willi, Bordeianu, Gabriela-Daniela, Radu, Florin
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container_title EuroEconomica
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creator Paraschivescu, Marius-Dumitru
Pavaloaia, Willi
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Radu, Florin
description The financial impact of environment destruction is very important, and entities have to present information concerning the implemented environmental policies, objectives and programs, the expenses made in this field, the met ecological risks. Accounting is the main source of information that allows the estimation of an entity’s value, and as a consequence, it is necessary that it reflects the environment aspects that certainly have significant financial consequences. The utility of the information concerning the economic resources controlled by the company and their modification in the past consists in the possibility of anticipating the company’s capacity to generate liquidity in the future as well as the evaluation the management’s administrative skills.
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source EZB-FREE-00999 freely available EZB journals
subjects Business management
Ecology
Economy
Enterprises
Environmental protection
Financial economics
Financial reporting
Resource management
title The analysis of the company’s financial position within the context of climate change
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