Journal of
Marketing Development and Competitiveness
Scholar Gateway
Abstracts prior to volume 5(1) have been archived!
Issue 5(1), October 2010 -- Paper AbstractsGirard (p. 9-22)
Cooper (p. 23-32)Kunz-Osborne (p. 33-41)Coulmas-Law (p.42-46)Stasio (p. 47-56)Albert-Valette-Florence (p.57-63)Zhang-Rauch (p. 64-70)Alam-Yasin (p. 71-78)Mattare-Monahan-Shah (p. 79-94)Nonis-Hudson-Hunt (p. 95-106) 
JOURNAL OF ACCOUNTING AND FINANCE
Accounting for the Impact of Sustainability and Net Present Value on Stakeholders
Author(s): Anne-Marie Anderson, David H. Myers
Citation: Anne-Marie Anderson, David H. Myers, (2021) "Accounting for the Impact of Sustainability and Net Present Value on Stakeholders," Journal of Accounting and Finance, Vol. 21, Iss. 1, pp. 147-158
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The increasing importance of sustainability within the framework of organizational structures requires an adaption of the Net Present Value (NPV) criteria. We propose a modification to standard evaluation techniques that considers a social distance factor to other stakeholders when determining the appropriate discount rate for investment cash flows. We also set the modification appropriateness in the context of business and organizational form. It is our aim to encourage greater analysis of sustainability that considers the impact on all stakeholders in the analysis of investment opportunities.
