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The Environment in Corporate Management

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The Environment in Corporate Management

New Directions and Economic Insights

9781843764533 Edward Elgar Publishing
Jean-Baptiste Lesourd, Research Professor, Groupe de Recherche en Economie Quantitative d’Aix-Marseille (GREQAM), Université de la Méditerranée and Université de Droit, d’Economie et des Sciences d’Aix-Marseille, France and Steven G.M. Schilizzi, School of Agricultural and Resource Economics, The University of Western Australia, Perth, Australia
Publication Date: 2003 ISBN: 978 1 84376 453 3 Extent: 424 pp
The Environment in Corporate Management includes an up-to-date treatment of business practices, norms and standards, using the tools of microeconomic and industrial organisation analysis to provide an ordered and consistent picture. The analysis is couched within stakeholder theory, which determines how costs and benefits are defined for the firm. Utilising the most recent information the book also focuses on the underlying long-term trends. Actual examples and case studies illustrate the discussions. The authors conclude by highlighting the inevitable need to link environment and finance, for better stakeholder relationships and business performance.

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This book asks an important question of how management of the environment may benefit firms. The authors take an objective, neutral perspective on the extent to which environmental issues should, or should not, be addressed within the management of business corporations.

The Environment in Corporate Management includes an up-to-date treatment of business practices, norms and standards, using the tools of microeconomic and industrial organisation analysis to provide an ordered and consistent picture. The analysis is couched within stakeholder theory, which determines how costs and benefits are defined for the firm. Utilising the most recent information the book also focuses on the underlying long-term trends. Actual examples and case studies illustrate the discussions. The authors conclude by highlighting the inevitable need to link environment and finance, for better stakeholder relationships and business performance.

This unique book is written clearly and accessibly, but with a firm grounding in academia to challenge scholars and researchers in areas including environmental studies, business, economics and finance. Practitioners will also find the book of great interest.
Critical Acclaim
‘What is needed . . . is a cool, detached look at environmental and social responsibility in the context of the firm . . . and which utilises the formidable insights that come from the dramatic developments in economics in the last few decades. This is why I welcome Jean-Baptiste Lesourd and Steven Schilizzi’s book. It takes the viewpoint of the firm and brings it to bear on the various issues and the general findings of the theories of industrial organisation and microeconomics. This volume is not littered with maths and formal proofs, rather the intuition and results from that thinking have been turned into practical observation and recommendation.’
– From the foreword by David Pearce, University College London, UK
Contents
Contents: Foreword by David Pearce OBE Preface by Lena Gevert 1. Introduction 2. Environmental Management and its Benefits to the Firm’s Stakeholders 3. Environment and Business Ethics 4. Corporate Environmental Accounting 5. Corporate Environmental Reporting 6. Environmental Management and Corporate Finance 7. The Management of Environmental Risks 8. Environmental Management Systems: The ISO 14001 and EMAS International Standards 9. Eco-marketing and the Environmental Quality of Goods 10. Conclusions Index
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