The analysis of the company’s financial position within the context of climate change
EuroEconomica
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Title |
The analysis of the company’s financial position within the context of climate change
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Creator |
Pavaloaia, Willi; George Bacovia University
Paraschivescu, Marius-Dumitru; George Bacovia University Bordeianu, Gabriela-Daniela; George Bacovia University Radu, Florin; George Bacovia University |
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Subject |
environmental protection; accounting; expenses; liquidity indicators; risk indicators; profitability indicators
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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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Publisher |
Danubius University of Galati, Romania
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Contributor |
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Date |
2010-04-27
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Type |
Peer-reviewed Article
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Format |
application/pdf
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Identifier |
http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/279
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Source |
EuroEconomica; Vol 22, No 1 (2009)
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Language |
en
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Rights |
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
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