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Contemporary Issues in Accounting: Carbon Disclosure Project Contents

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This research will also analyze the important roles and responsibilities of the management and accounting team for following the risk management procedure and sustainable environmental performance mechanism or initiatives to manage the climate change issues, carbon emissions risks, green-house impact, and environmental pollution activities (Aerts and Cormier, 2009).

Contemporary Issues in Accounting: Carbon Disclosure Project Contents

   Added on 2019-11-26

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Contemporary Issues in Accounting Proposal 1Contemporary Issues in Accounting: Carbon Disclosure Project
Contemporary Issues in Accounting: Carbon Disclosure Project Contents_1
Contemporary Issues in Accounting Proposal 2ContentsIntroduction.................................................................................................................................................3Practical Motivation....................................................................................................................................4Theoretical Motivation................................................................................................................................5Literature Review........................................................................................................................................6Hypothesis.................................................................................................................................................11References.................................................................................................................................................12Appendices................................................................................................................................................14
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Contemporary Issues in Accounting Proposal 3IntroductionThe main purpose of this research report is to conduct the empirical analysis of the disclosures ofthe environmental performance measures and carbon risk management for minimizing the negative impacts of the carbon gas emissions and climate change risks. This research report is aimed at providing an in-depth analysis of the climate change risk management and carbon disclosure report by using the legitimacy theory to maximize the firm’s efficiency for reducing the carbon emission hazards as well as managing the environmental performance and climate change associated risks. This report is based on addressing the adverse impacts of the higher emissions of the carbon gases and climate risks consequences by releasing and communicating the information in general through the firm’s website, annual environmental sustainability report,stand-alone sustainability reports, and CDP (carbon disclosure project data). This report will alsoanalyze the important roles and responsibilities of the management and accounting team for following the risk management procedure and sustainable environmental performance mechanism or initiatives to manage the climate change issues, carbon emissions risks, green-house impact, and environmental pollution activities (Aerts and Cormier, 2009).
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Contemporary Issues in Accounting Proposal 4Practical MotivationNowadays, the multinational organizations are becoming more environmental friendly by adopting the environmental sustainability strategies and practical implications of the risk management and control process for reducing the climate change risks and green house impacts of the carbon emissions on the corporations. The practical aspects of the environmental changes could be applied to the empirical studies of this research project for managing the climate changeissues and carbon risks to assist in protecting the interests of the stakeholders, well-being of the communities and better organizational performance. The climate change and carbon footprints create risks to the organizational financial, marketing, operational and environmental performance and shareholders’ investment value (Al-Tuwaijri, Christensen, and Hughes, 2004). The setting of the performance sheets, environmental changes initiatives, and incentives and reward of the organizational individuals may assist in achieving better performance outcomes in the form of the organizational financial and environmental performance, and maximize the shareholders’ returns. The regulators are given authority to regulate the unlikely climate changes,such as temperature change, rainfall, sea rise level, humidity and Carmon emissions through an effective control and regulation mechanism for the sustainable environmental performance. Along with this, the regulators and controllers are required to achieve the coordinated balance between the higher temperature, humidity, rainfall, and environmental performance (Beatty and Shimshack, 2010). Additionally, the management and accounting team is required to take initiatives for maximizing the organizational financial performance, such as assets value, share prices, huge profits, large sales volumes and huge revenues by encouraging the high investment or more share by the shareholder and investors in the corporation. This research proposal will implement the research purpose by engaging the management team to design and implement the
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