haku: @journal_id 780 / yhteensä: 133
viite: 104 / 133
Tekijä: | Robinson, C. |
Otsikko: | Can we reconcile finance with nature? |
Lehti: | International Review of Financial Analysis
1996 : VOL. 5:3, p. 185-195 |
Asiasana: | FINANCIAL ANALYSIS FOREIGN EXCHANGE FINANCE ECOLOGY |
Kieli: | eng |
Tiivistelmä: | The unanimity principle that underlies financial decision-making rules isthetically unacceptable and empirically invalid. Ecological sustainability requires radically different decision rules. This paper discusses three possible methods: life cycle analysis; full cost (or total cost) accounting; and non-quantitative accountability. Once decision-makers abandon the unrealistic and invalid assumptions of the unanimity models, no theoretically correct model is possible. |
SCIMA