 ENVIRONMENTAL RISK ASSESSMENT AND THEIR IMPACT ON THE PROFITABILITY OF THE FIRMESGabriela Cornelia Piciu
Journal of Financial and Monetary Economics, 2016, vol. 3, issue 1, 215-218 Abstract: The present paper conceptualized from economic perspective ecological risks, defining their scope and approach trivalent folks: activities - risks - effects. Knowledge and awareness of environmental risks and consumer information and consultation strategies for environmental companies creates market advantages. It appears that, those firms that are involved in the assessment, management and financing of environmental risk reduction, become more profitable, showing greater flexibility in market dynamics and innovation. They also become more present in the local community, responding to social concerns and interests. From this perspective, the paper presents theories and experiences in the field of environmental risks, analyzing economic developments and interpretations of how the events generated by them were reflected in the strategies implemented so far by the companies in Romania. Keywords: globalization; environmental risks; pollution; environment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:3:y:2016:i:1:p:215-218 Access Statistics for this article More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
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