English, Article edition: THE ANALYSIS OF THE COMPANY’S FINANCIAL POSITION WITHIN THE CONTEXT OF CLIMATE CHANGE Willi PÃVÃLOAIA; Marius-Dumitru PARASCHIVESCU; Gabriela-Daniela BORDEIANU; ...

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Bookmark: http://trove.nla.gov.au/version/158152
Physical Description
  • article
Language
  • English

Edition details

Title
  • THE ANALYSIS OF THE COMPANY’S FINANCIAL POSITION WITHIN THE CONTEXT OF CLIMATE CHANGE
Author
  • Willi PÃVÃLOAIA
  • Marius-Dumitru PARASCHIVESCU
  • Gabriela-Daniela BORDEIANU
  • Florin RADU
Physical Description
  • article
Notes
  • 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.
  • environmental protection, accounting, expenses, liquidity indicators, risk indicators, profitability indicators
  • RePEc:dug:journl:y:2009:i:1:p:16-34c:dug:journl:y:2009:i:1:p:16-34
Language
  • English
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