search query: @indexterm SUSTAINABLE DEVELOPMENT / total: 501
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| Author: | Reinhardt, F. |
| Title: | Sustainability and the firm |
| Journal: | Interfaces
2000 : MAY-JUN, VOL. 30:3, p. 26-41 |
| Index terms: | SUSTAINABLE DEVELOPMENT FIRM (THEORY OF) MACROECONOMICS |
| Language: | eng |
| Abstract: | Macroeconomic definitions of sustainability focus on the need to maintain aggregate stocks of natural and manufactured capital constant over time, so that future generations have consumption possibilities similar to those of the current generation. Similar tests can be applied at the firm level. To be sustainable, a company must maintain on its balance sheet an undiminished level of total net assets, measured at their social costs. |
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