Environmental Reporting: Toward Enhanced Information Quality Harvard Case Solution & Analysis

Managers and stakeholders are increasingly aware of the importance of the environmental impact of the company in assessing the risks and trying to determine future profitability. Unfortunately, financial accounting systems often do not fully disclose these environmental costs. The reasons underlying this incomplete disclosure myriad, ranging from measurement issues in the structure diagram of the company accounts. In many ways, the challenges facing managers and stakeholders who are trying to assess the environmental costs of economic activities to remind issues arise when trying to determine the cost of producing low-quality products. Negative impact on the environment of economic activities can be considered as a failure in the same way that the negative impact of the production of defective products can be considered as a failure management. In addition, expenses incurred for the prevention and detection of environmental mishaps, and the cost of failure, particularly if they are not resolved within the framework of the company, can be overwhelming and unknowable. Based on the experience of the company and the use of quality reporting, this paper presents a model of environmental reporting costs to ensure greater transparency of the environmental impact of economic activities for managers and company stakeholders. "Hide
by Cecil A. Raiborn, Janet B. Butler, Mark F. Massoud Source: Business Horizons 9 pages. Publication Date: September 15, 2011. Prod. #: BH446-PDF-ENG

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