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调查环境信息披露和与公司财务绩效关系的潜力
Investigating Environmental Disclosure And The Potential Links With Company Financial Performance 

这份报告的目的是讨论环境信息披露。环境信息披露是一种应对方法改变对公司的相关公众的看法如何组织流程或生产过程可能对自然环境的影响。这份报告的目的是提供环境信息披露和信息与公司财务绩效关系的潜力。该报告分为七个部分。回顾相关文献主题后,没有明显的证据被发现相关环境信息披露和与公司财务绩效关系的潜力。因此,一个链接并不确定。

情境

过去30年,环境问题的主题重要的学者和商人感兴趣。然而,很少有研究了测量的影响将业务转变为一家环保公司。所有公司的财务目标是提高股东的财富 (Atril, P., Mc Laney E., 2008). 因此,所有投资项目将产生利润。然而,在环保项目结果似乎仍不确定。一些学者认为环境管制企业带来额外的成本(Palmer, et al, 1995). 这种观点是基于这样一个前提:污染治理和改善环境减少边际净收益(Walley, N., Whitehead, B., 1994). 相比之下,其他一些研究人员指出,环境监管可以激励双赢的场景在社会福利和私人公司增长的益处(波特,1991)。第三组认为,经济成果提供了一个逆u型环境绩效和财务绩效之间的关系。这种观点预测积极的两个维度的环境绩效最大化(Horvathova E。,2010)。另一个当前的思想辩论是一个中性的环境和财务绩效之间的关系,因为企业不投资环保项目将有更低的成本和更低的价格。

This report is aimed at discussing environmental disclosure. Environmental disclosure is a method of responding to the changing perceptions of a corporation's relevant publics on how organizational processes or production procedures may have impact on the natural environment. This report is aimed at providing information on environmental disclosure and the potential links with company financial performance. The report is divided in seven sections. After reviewing relevant literature to the topic, no significant evidences was found to correlate environmental disclosure and the potential links with Company Financial Performance. Therefore, a link was not identified.

情境——Scenario

Over the three decades, the topic of environmental problem has been of significant interest to scholars and businesmans. However, few studies have been made to measure the impact of transforming the business into an eco-friendly firm. The financial aim of all firms is to enhance the wealth of the shareholders (Atril, P., Mc Laney E., 2008). Thus, all investment projects should produce profit. However, in the case of environmental projects the results still seem to be inconclusive. Some authors claim that environmental regulation imposes additional costs for firms (Palmer, et al, 1995). This view is based on the premise that pollution abatement and environmental improvements have decreasing marginal net earnings (Walley, N., Whitehead, B., 1994). In contrast, some other researchers states that environmental regulation can incentive win-win scenarios in which both social welfare and private benefits of firms grow (Porter, M.E. , 1991). A third group argues that economical outcomes present an inverse U-shaped relationship between environmental performance and financial performance. This view predicts a positive both dimensions up to the level of environmental performance is maximized (Horvathova, E., 2010). Another current of thought debates that there is a neutral relationship between environmental and financial performance because firms that do not invest in environmental programs will have lower costs and lower prices, while firms that invest in social responsibility will have higher costs but will have customers happy to pay higher prices (McWilliams, A., Siegel, D., 2001).

Generally speaking, there is no consensus in the financial effects of environmental investments. The aim of this report is to identify the financial benefits that firms may obtain by disclosing information in their annual reports or adjoining environmental reports about environmental issues regarding their operati本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。