FINANCIAL SUPPORT FOR ENVIRONMENTAL POLICY AT THE LEVEL OF S.C. TURCENI ENERGY COMPLEX
The environment protection at microeconomic level can be characterized by socio-economic and political situation relatively unstable, which puts serious mark on the output of Romanian companies. The long-term goal of any business is to get a sufficient return on invested capital and therefore th...
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| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2014-08-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2014-04/20_Holt%20Ghe.pdf |
| Summary: | The environment protection at microeconomic level can be characterized by socio-economic and political
situation relatively unstable, which puts serious mark on the output of Romanian companies. The long-term goal of any
business is to get a sufficient return on invested capital and therefore the financial support for the establishment of
financial resources for environmental spending.
The establishment of financial support of environmental expenditures requires some economic levers, whose
purpose is to achieve environmental objectives at least cost. In this form, the optimal allocation of financial resources
for the environment raises the optimal quantity of each resource use compared to prices of other economic factors of
production and economic development of a framework to ensure protective nature of all environmental decisions by
including the costs in the prices of goods and services. |
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| ISSN: | 1844-7007 1844-7007 |