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Environmental Accounting for Industrial Growth and Sustainable Development in India: An Overview and Theoretical Framework

Environmental Accounting for Industrial Growth and Sustainable Development in India: An Overview and Theoretical Framework

Archana Singh, Nehajoan Panackal, Bhama Venkataramani
Copyright: © 2016 |Pages: 21
ISBN13: 9781522503507|ISBN10: 1522503501|EISBN13: 9781522503514
DOI: 10.4018/978-1-5225-0350-7.ch004
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MLA

Singh, Archana, et al. "Environmental Accounting for Industrial Growth and Sustainable Development in India: An Overview and Theoretical Framework." Strategic Management of Sustainable Manufacturing Operations, edited by Rameshwar Dubey and Angappa Gunasekaran, IGI Global, 2016, pp. 74-94. https://doi.org/10.4018/978-1-5225-0350-7.ch004

APA

Singh, A., Panackal, N., & Venkataramani, B. (2016). Environmental Accounting for Industrial Growth and Sustainable Development in India: An Overview and Theoretical Framework. In R. Dubey & A. Gunasekaran (Eds.), Strategic Management of Sustainable Manufacturing Operations (pp. 74-94). IGI Global. https://doi.org/10.4018/978-1-5225-0350-7.ch004

Chicago

Singh, Archana, Nehajoan Panackal, and Bhama Venkataramani. "Environmental Accounting for Industrial Growth and Sustainable Development in India: An Overview and Theoretical Framework." In Strategic Management of Sustainable Manufacturing Operations, edited by Rameshwar Dubey and Angappa Gunasekaran, 74-94. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-5225-0350-7.ch004

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Abstract

Environmental accounting is an important function that provides industry with a means to incorporate information with business decision making and business operations. This chapter evaluates the extent to which the process of environmental accounting can be applied as a solid foundation for industrial growth and sustainability. Having an environmental accounting system in place allows the industry to better manage environmental costs and to discover new opportunities to minimize environmental costs through environmental thinking to the industrial sector. Researchers have adopted systematic literature review as a methodology to generate strong knowledge base for the study. In this paper, the theoretical foundation of environmental accounting and reporting is discussed with reference to India. The insights gained will shed light on positive outcomes of adopting environmental accounting for sustainability and manufacturing management in the industrial sector of India.

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