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PROJECT TOPIC AND MATERIAL ON ENVIRONMENTAL COST MEASUREMENT AND ITS EFFECTS ON INVESTMENT RETURN
The Project File Details
- Name: Environmental Cost Measurement And Its Effects On Investment Return
- Type: PDF and MS Word (DOC)
- Size: [70 KB]
- Length:  Pages
1.1 Background of the study
Despite best efforts in Measuring Environmental Impact, industries continue to generate and discharge enormous amounts of wastes that pollute the natural environment and impose damages on households and other enterprises. Economists call these damages externalities because their costs typically fall not on the firms that discharge the wastes but on those that suffer the damages. Consequently, accounting systems don’t ascribe these costs to their sources or even record them systematically (Ashford, Ayers and Stone,2000).