Abstract
Corporate social responsibility (CSR) has emerged as a serious matter of debate in recent times. Emerging competitive business world has incorporated the concept of environmental element in its business operations. Environment along with business manifestations is becoming the need of the present era. Green accounting is a new system in accounting that ensures both cost and benefits to the business concern. The practices of green accounting are little bit challenging in India.Considering environment while expanding business or corporate sector helps in the accurate evaluation of cost and benefits of protection policies. Green accounting is a common framework to analyse and account all-time environmental costs to support the decision-making. Quality of our life gets severely affected by degraded environment.In India, the introduction of CSR is a landmark decision in terms of both environmental management and corporate governance.If the corporates are not providing their environmental performance details, stakeholders may lose their faith in them.
Contents
of Vol.18(2) June 2019 