THE ROLE OF ENVIRONMENTAL RESPONSIBILITY IN MAXIMIZING THE VALUE OF THE COMPANY

Authors

  • Prof. Dr. Saoud Jayed Mashkour Mazaya Private University, Thi-kar, Iraq
  • Assist .Prof. Hayder Abbas AL-attar University of Al-muthanna, Iraq
  • Assist. Lecturer Alaa yousif Hassan Governance of Al-muthanna, Iraq

Keywords:

Environmental Responsibility, Environmental Pollution, Value of Company

Abstract

The study aimed to study and analyze the relationship between environmental responsibility and its impact on maximizing the value of the company; As well as drawing attention to the environmental impacts caused by industrial companies as a result of their industrial activity, which necessitates making more efforts to reduce the level of environmental problems .The study reached some conclusions, including, that the concept of environmental responsibility is summed up as “all obligations and activities performed by industrial companies towards the internal environment and the external environment to reduce the risk of environmental pollution and to determine all these commitments from a financial point of view for the purpose of reporting them in financial reports and delivering them to stakeholders for the purpose of taking appropriate decisions. The study recommended obligating industrial companies to disclose their environmental and social responsibility within the financial statements they issue for the purpose of knowing the size of spending on environmental responsibility and their contribution to reducing environmental problems

References

Alamry, Saoud Jayed Mashkour. Sharifi, Nazim Hassan, (2009):”Advanced Accounting in Companies”, Zahran Publishing and Distribution House, Amman, Jordan.

Al-Ghalbi, Taher Mohsen. Al-Amri, Saleh Mahdi, (2005): “Social Responsibility and Business Ethics”, Wael House for Publishing and Distribution, Amman, Jordan.

Al-Zoubi, Ali Falah Mufleh, (2006): “The future prospects of local and international marketing strategies in private sector companies, an analytical field study”, PhD thesis, Damascus University.

Badawy, Muhammad Abbas, (2012): “Accounting for the Environmental Effects and Social Responsibility of the Project”, New University Publishing House, Alexandria.

Boumediene, Youssef, (2006) : “The Impact of Total Quality Management on the Current Performance of Economic Institutions and Management Sciences”, Master Thesis, University of Algiers.

Indra Overland, et al (2021): “The Arctic Environmental Responsibility Index: A method to rank heterogeneous extractive industry companies for governance purposes”, Business Strategy and the Environment , WILEY.

James Chen, (2022): “Economic Value Added (EVA)”, https://www.investopedia.com/terms/e/eva.asp

Matar: Muhammad (2005) :” Problems in Social Accounting”, Journal of the Arab Society of Certified Accountants, Jordan.

Morsi, Nabil (1998):” Competitiveness in Business”, First Edition, Alexandria Book Center.

Smis, (R.O) (2003):” Ethics and corporate social responsibility: why giants fall”, Greenwood Press.

Downloads

Published

2022-09-04

How to Cite

Prof. Dr. Saoud Jayed Mashkour, Assist .Prof. Hayder Abbas AL-attar, & Assist. Lecturer Alaa yousif Hassan. (2022). THE ROLE OF ENVIRONMENTAL RESPONSIBILITY IN MAXIMIZING THE VALUE OF THE COMPANY. World Economics and Finance Bulletin, 14, 41-50. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/1333

Issue

Section

Articles