Skip Nav Destination
Close Modal
Update search
NARROW
Format
Journal
Date
Availability
1-1 of 1
Jason Thistlethwaite
Close
Follow your search
Access your saved searches in your account
Would you like to receive an alert when new items match your search?
Sort by
Journal Articles
Counting the Environment: The Environmental Implications of International Accounting Standards
UnavailablePublisher: Journals Gateway
Global Environmental Politics (2011) 11 (2): 75–97.
Published: 01 May 2011
Abstract
View articletitled, Counting the Environment: The Environmental Implications of International Accounting Standards
View
PDF
for article titled, Counting the Environment: The Environmental Implications of International Accounting Standards
Although rarely studied, international accounting standards shape what information regarding a firm's environmental performance is communicated to international financial markets. This article builds on scholarship describing the influence of international accounting standards on private financial markets to show that nominally technical choices regarding how to recognize and measure firms' environmental impacts hold the potential to reduce these impacts. Obscure accounting debates within the International Accounting Standards Board (IASB) mask important political choices about what a firm must disclose to investors about its environmental liabilities and risks. IASB decisions about how these appear on corporate balance sheets change the link between a firm's environmental performance and its economic value and, thereby, contribute to steering private financial markets toward rewarding sustainable behavior within the global economy. This analysis demonstrates the authority of the IASB as an overlooked source of global environmental governance.