In this study, pooled time-series, cross-sectional data on 110 Australian companies over the period 1992-1998 is employed to examine whether EVA® is more highly associated with stock returns than conventional accounting-based measures: namely, earnings before extraordinary items, net cash flow...

A theory of value sits at the core of every school of economic thought and directs the allocation of resources to competing uses. Ecological resources complicate the modem neoclassical approach to determining value due to their complex nature, considerable non-market values and the difficulty in...

While many hotel companies have participated in various green initiatives and adopted green policy, when it came to the real purchasing decision, their willingness was not matched by action. There could be many reasons for such inconsistency. Lack of consumer demand, increasing environmental...

Water is important to manufacturing firms because industrial water is used for a variety of purposes as one of the most important inputs in the production process. This paper estimates the economic value of water in the Korean manufacturing industry by employing the concept of the value of...

The purpose of this study is to assess the effectiveness of two flood damage reduction measures – designation and dyking of floodplains. The study was carried out in four Quebec municipalities located on the shores of Lac des Deux-Montagnes and Riviére des Mille-Iles, namely...

The total economic value of a coastal waterfront or coastal zone is important for policymakers and analysts concerned with coastal issues to evaluate policies that affect coastal management. A coastal waterfront as common goods is usually valuated with a measure of willingness to pay (WTP) for...

With increasing signs of climate change and the influence of national and international carbon-related laws and agreements, governments all over the world are grappling with how to rapidly transition to low-carbon living. This includes adapting to the impacts of climate change that are very...