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
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