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A system of cost variances to evaluate sustainability efforts
Author(s) -
Dutta Saurav K.,
Lawson Raef A.,
Marcinko David J.
Publication year - 2010
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20579
Subject(s) - sustainability , variance (accounting) , business , risk analysis (engineering) , environmental economics , face (sociological concept) , environmental resource management , accounting , economics , ecology , social science , sociology , biology
Organizations today face increasing demands to engage in environmental initiatives and to manage the environmental risks associated with their operations. This article shows how a well‐known technique of cost management—variance analysis—can be used to link performance evaluation systems to sustainability strategies. © 2010 Wiley Periodicals, Inc.