Including Reducts into Material Flow Cost Accounting for Detecting Inefficiencies in Small and Medium Sized Recycling and Disposal Companies
Sprache des Vortragstitels:
Englisch
Original Tagungtitel:
SMEs Moving Toward Business Sustainability
Sprache des Tagungstitel:
Englisch
Original Kurzfassung:
Material flow cost accounting is a very powerful environmental management accounting tool for assessing the costs of non-product output (NPO) and aims to increase eco-efficiency by reducing environmental impacts and costs at the same time. Based on the extended approach of production theory which includes the object categories ?good?, ?bad? and ?neutral?, existing MFCA cannot be applied to recycling and disposal companies. In a closed-loop recycling system, using waste as an input material (reducts) leads to revenues which are not considered in the conventional MFCA method. After briefly explaining the basic idea and main points of critics of MFCA, an approach of including reducts into MFCA is presented in order to make this instrument also applicable for recycling and waste management companies.
Sprache der Kurzfassung:
Englisch
Englischer Vortragstitel:
Including Reducts into Material Flow Cost Accounting for Detecting Inefficiencies in Small and Medium Sized Recycling and Disposal Companies
Forschungs-