• DocumentCode
    2852517
  • Title

    Applying green goodwill for project management on green economics concept

  • Author

    Lin, Tyrone T. ; Wu, Wei-Cheng

  • Author_Institution
    Dept. of Int. Bus., Nat. Dong Hwa Univ., Hualien, Taiwan
  • fYear
    2011
  • fDate
    6-9 Dec. 2011
  • Firstpage
    61
  • Lastpage
    65
  • Abstract
    The prosperous thinking of green environment has changed the perceptions of companies to recognize the whole business operational environment, and how to the maximize stockholders´ equity and satisfy the pubic expectation simultaneously is an important subject still waiting to be solved. This paper uses the real options approach to assess the project value reflected by the developing level of green goodwill; each firm engages in complying different levels of market demand, decides whether to invest in green capital, and evaluates the potential strategy value of entering timing to be a leader or follower in the market. This paper tries to start a preliminary analysis of green economy issues, which will help sequent researches to develop the related model and provide a reference of decision making in practice.
  • Keywords
    corporate social responsibility; decision making; environmental economics; environmental factors; investment; project management; business operational environment; decision making; green capital investment; green economics concept; green economy issues; green goodwill; market demand; project management; stockholder equity; Economics; Green products; Investments; Production; Sensitivity; Timing; Green economics; green capital; green goodwill; project management; real options;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management (IEEM), 2011 IEEE International Conference on
  • Conference_Location
    Singapore
  • ISSN
    2157-3611
  • Print_ISBN
    978-1-4577-0740-7
  • Electronic_ISBN
    2157-3611
  • Type

    conf

  • DOI
    10.1109/IEEM.2011.6117879
  • Filename
    6117879