Environmental Protection Expenditures and Effects of Environmental Governance of Sustainable Development in Manufacture Enterprise

Agata Mesjasz-Lech ()
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Agata Mesjasz-Lech: Czestochowa University of Technology

from Óbuda University, Keleti Faculty of Business and Management

Abstract: The article concentrates on the effects of the environmental governance of sustainable development. It examines the relationship between environmental protection expenditures and the effects of the environmental governance of sustainable development. In order to reduce the variables determining the number of effects the Principal Component Analysis was used. Analyses are related to the European Union countries and cover the 2008-2014 period. The research is based on the industry sector. Over the whole analysed period the positive trends in the effects of the environmental governance of sustainable development were observed in the majority of the analysed countries. The results of the analysis show that an increase in environmental protection expenditure is not always followed by an increase in ecological effects.

Keywords: environmental protection expenditure; environmental governance; sustainable development; industry sector (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pkk:meb017:244-257

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