Economic Indicators Used in the Holistic Management of Ecological Agricultural Entities Cover Image

Economic Indicators Used in the Holistic Management of Ecological Agricultural Entities
Economic Indicators Used in the Holistic Management of Ecological Agricultural Entities

Author(s): Cornel Dumitru Crecană
Subject(s): Business Economy / Management, Agriculture, Energy and Environmental Studies, Economic development, Environmental interactions, Accounting - Business Administration
Published by: EDITURA ASE
Keywords: holistic management; sustainable development; income tax; fiscal management; shareholder return; profitability; market share;

Summary/Abstract: The paper begins with a review of theoretical concepts including a conceptual delimitation of the terms Holistic management and sustainable development. Aim of the work is to emphasize the importance of the transition from an economy focused on obtaining maximum profits in a responsible economy, which prioritizes basic maintenance of ecological balance. Under these conditions, economics in general and particularly economic and financial analysis must fundamentally rethink traditional concepts of economic viability and profitability in the economy, by considering the fundamental causes capable of destroying ecosystem restoration capacity. The innovative character of such a theoretical-methodological approach is limited only by the possibility of implementation at the macroeconomic and microeconomic level. It is noteworthy, however, increasing research activities in this field of holistic management and sustainable development, literature study clearly reflects a new direction in the economy, the paradigm shift is expected by all professionals, but was seriously hampered by the financial crisis. Starting from these considerations, I propose in this paper, introducing a some economic indicators for measure the economic viability and economic profitability in the ecological agricultural entities, justifying the need for, and practical possibilities to implement in economic analysis and fiscal management economic entities.

  • Issue Year: 13/2012
  • Issue No: 5
  • Page Range: 811-822
  • Page Count: 12
  • Language: English