Analysis of Relationship between Environmental Costs and Effects Considering Stages of Environmental Management : Historical Data Analysis of Environmental Accounting

Abstract

Quantitative research on corporate environmental management activities is developed especially in the field of internal management activities. On the other hand, quantitative research on external analysis and valuation of environmental management is unexplored. To analyze the corporate environmental conservation activities, this study suggests the new effective use of environmental accounting information. This study focuses on the relationship between environmental cost in environmental accounting and its effect in business area. Using historical data of environmental conservation costs and environmental emissions, this study proposes and verifies the new analysis model considering corporate environmental stage; progress situation of environmental conservation activities. The result of this study will make more realistic analysis of corporate environmental management based on environmental accounting information.