期刊名称：Scientific Annals of the “Alexandru Ioan Cuza” University of Iasi – Economic Sciences Series
印刷版ISSN：2501-1960
电子版ISSN：2501-3165
出版年度：2019
卷号：66
期号：2
页码：131-139
DOI：10.2478/saeb-2019-0014
出版社：Sciendo
摘要：Management decisions are typically meant to be making a lasting impact, or at least bringing us one step closer to a long-term goal. Yet there are situations where it is hard to link decisions made and results achieved. The problem gets more complex when comparing different backgrounds, as management quality is often assessed either in specific organizational context ( Ghoshal and Bartlett, 1994 ; Coggburn and Schneider, 2003 ) or in a finite number of case-studies. These methods have been successfully used for a long time in corporate environment ( Gong et al., 2018 ) and for public sector decisions ( Eller et al., 2018 ), but their application is not as easy when facing problems that are affected by multiple economy-wide factors, and/or by variables that are not directly observable. We study the long term impact on management decisions in environmental management by using market information on different instruments used to manage and control environmental pollution and risk. The core reason for choosing this approach is that market data is able to account for economic reasons and capture changes that go beyond the scope of an individual corporation or a public agency.
