Conclusions and Implications

Abstract

As has been documented in the previous chapters, Corporate Environmental Responsibility (CER) has been on the forefront of the academic and business community for over two decades, especially because of the importance of environmental awareness for the functioning and operation of the organizations. Despite the increased interest of CER on various business sectors the concept has recently entered the accounting and finance disciplines, since many corporations have evolved as a growing economic force within the national and international markets, and are more intensively engaging in socially and environmentally responsible activities. The last chapter of the book is devoted in providing some CER related issues faced by modern corporations, along with emerging issues that have been put forth by international organizations. Finally, the chapter offers practical policy implications as well as directions for future research.