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ENVIRONMENTAL COST MEASUREMENT AND ITS EFFECTS ON INVESTMENT RETURN

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Despite best efforts in Measuring Environmental Impact, industries continue to generate and discharge enormous amounts of wastes that pollute the natural environment and impose damages on households and other enterprises. Economists call these damages externalities because their costs typically fall not on the firms that discharge the wastes but on those that suffer the damages. Consequently, accounting systems don't ascribe these costs ...

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