Skip to main content
Top

Value and Externalities in Economics and Finance

  • 2023
  • OriginalPaper
  • Chapter
Published in:

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter delves into the intricacies of value and externalities in economics and finance, beginning with an exploration of various economic theories of value, including the intrinsic, labor, subjective, and monetary theories. It discusses how these theories have shaped modern valuation methods, such as the discounted cash flow (DCF) model. The chapter also highlights the importance of integrating environmental, social, and governance (ESG) factors into valuation models to better reflect real-world impacts. Additionally, it examines the concept of externalities, particularly negative externalities like those associated with climate change, and discusses potential solutions such as taxes, regulations, and carbon markets. This comprehensive analysis underscores the need to consider ESG factors in business valuation to mitigate risks and capitalize on opportunities, making it a must-read for professionals seeking to understand the intersection of economics, finance, and sustainability.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Business + Economics & Engineering + Technology"

Online-Abonnement

Springer Professional "Business + Economics & Engineering + Technology" gives you access to:

  • more than 130.000 books
  • more than 540 journals

from the following subject areas:

  • Automotive
  • Construction + Real Estate
  • Business IT + Informatics
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Mechanical Engineering + Materials
  • Surfaces + Materials Technology
  • Insurance + Risk


Secure your knowledge advantage now!

Springer Professional "Engineering + Technology"

Online-Abonnement

Springer Professional "Engineering + Technology" gives you access to:

  • more than 75.000 books
  • more than 390 journals

from the following specialised fileds:

  • Automotive
  • Business IT + Informatics
  • Construction + Real Estate
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Mechanical Engineering + Materials
  • Surfaces + Materials Technology





 

Secure your knowledge advantage now!

Springer Professional "Business + Economics"

Online-Abonnement

Springer Professional "Business + Economics" gives you access to:

  • more than 100.000 books
  • more than 340 journals

from the following specialised fileds:

  • Construction + Real Estate
  • Business IT + Informatics
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Insurance + Risk



Secure your knowledge advantage now!

Title
Value and Externalities in Economics and Finance
Author
Dejan Glavas
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-30533-7_1
This content is only visible if you are logged in and have the appropriate permissions.

Premium Partner

    Image Credits
    Salesforce.com Germany GmbH/© Salesforce.com Germany GmbH, IDW Verlag GmbH/© IDW Verlag GmbH, Diebold Nixdorf/© Diebold Nixdorf, Ratiodata SE/© Ratiodata SE, msg for banking ag/© msg for banking ag, C.H. Beck oHG/© C.H. Beck oHG, Governikus GmbH & Co. KG/© Governikus GmbH & Co. KG, Horn & Company GmbH/© Horn & Company GmbH, EURO Kartensysteme GmbH/© EURO Kartensysteme GmbH, Jabatix S.A./© Jabatix S.A.