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Korea’s support measures for small company’s environmental facility : Future tasks and policy implications

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Frame of Image s Company’Environmental Facility : s Future Tasks and Policy Implications
However, the money that goes towards environmental regulatory compliance is inevitably considered as cost rather than investment. From the perspective of the regulated, it is taken for granted that such compliance would not be preferred over sales growth and profit increase. Furthermore, the above case of rise in stock prices could be interpreted that the company has so much management resources that it can expend efforts on lower priorities. Nevertheless, we should accept the reality that environmental regulation compliance brings about considerable amounts of money that can place a burden on a company’s management resources. Above all, in view of small companies, it becomes more severe as environmental regulations tighten year after year. In this article, we examine the domestic and foreign support measures for supporting the environmental compliance of small companies. We can find some adequacy in terms of pollution discharge, environmental regulation stage and target group, and comparisons with other regulation costs. Above all things, we focused on the Ministry of Environment’s support for tiny firms’
16
KIET Industrial Economic Review
environmental facility installation and renovation.
2. The Foundation of Support Measures for Small Companies’ Compliance of Environmental Regulations
(1) SMEs’ Environmental Management Perspective
SMEs’ environmental regulation compliance cost is somewhat big for th


Full Text
Title Korea’s support measures for small company’s environmental facility
Similar Titles
Sub Title

Future tasks and policy implications

Material Type Reports
Author(English)

Gwak, Dae-Jong

Publisher

[Seoul]:Korea Institute for Industrial Economics and Trade

Date 2013-03
Journal Title; Vol./Issue KIET Industrial Economic Review: Current Issues:vol. 18(no. 2)
Pages 12
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < Environment
Holding KIET; KDI School