Environmental component of the market value estimation model

Abstract

In recent years business increasingly has been viewed as a major cause of social, environmental, and economic problems. Companies are widely perceived to be prospering at the expense of the broader community. Even worse, the more business has begun to embrace corporate responsibility, the more it has been blamed for society's failures. A big part of the problem lies with companies themselves, which remain trapped in an outdated approach to value creation that has emerged over the past few decades. Companies must take the lead in bringing business and environment back together. The recognition is there among sophisticated business and thought leaders, and promising elements of a new model are emerging. The solution lies in the principle of shared value of business, which involves creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with its influence for environment. When you are citing the document, use the following link http://essuir.sumdu.edu.ua/handle/123456789/9970