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| Author: | Repetto, R. Austin, D. |
| Title: | A quantitative approach to strategic environmental risk management |
| Journal: | Journal of Business Administration
1999 : VOL. 27-29, p. 199-214 |
| Index terms: | ENVIRONMENTAL PROTECTION RISK MANAGEMENT STRATEGY WOOD INDUSTRY USA |
| Language: | eng |
| Abstract: | The approach of this article is based on developing scenarios for significant future environmental issues and seeing how companies are likely to be exposed and financially affected under each scenario. It uses probabilities derived from past experience and expert judgment to weight the possible scenarios and uses these weights to forecast a likely financial impact and to construct measures of financial risk. To demonstrate the methodology, the authors have used it to evaluate the environmental risks facing leading U.S. pulp and paper companies. |
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