Environmental Social Controls and Capital Investments: Australian Evidence
Environmental social controls (ESCs) such as mandatory disclosure, regulations, subsidies, and stakeholder opinion are intended to improve firm environmental performance. This paper reports ESC importance to Australian financial managers in making capital investment decisions. A decision-making experiment showed managers to be most responsive to stakeholder opinion (42 per cent), followed by subsidization (26 per cent) and regulatory cost (22 per cent). Mandatory disclosure has very little...[Show more]
|Collections||ANU Research Publications|
|Source:||Accounting and Finance|
|01_Wood_Environmental_Social_Controls_2006.pdf||111.67 kB||Adobe PDF||Request a copy|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.