Financial Performance Analysis Of The Plastic Industry

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Recommended: The bad effects of plastic on the environment

CHAPTER2: REVIEW OF LITERATURE Most of the studies have focused on some aspects of plastic industry like environmental impact of plastic shopping bags, risk faced by plastic industry, adopting new technology in plastic industry, traditional performance index of plastic industry, plastic debris and steps to support and to enable policy makers to develop plastic industry. Very few research work has been done on the financial performance analysis of plastic industry. Yuan-Tien Su (2003) investigated whether Economic Value Added (EVA), could be applied for the traditional plastic industry in Taiwan stock market and had better Adjusted R2 with Market Value Added (MVA) than the traditional performance index, and was a better tool in the decision- …show more content…

Dr. Tuong Thi Hoi (2002) analyzed four plastic manufacturing companies, impact on environment, their policies and target, standards of emission, waste water, etc in his study. Plastic Industry Environmental Review: An assessment of the significant environmental aspects and impacts associated with plastic manufacturing in Ho Chi Min city Vietnam, June 2002. Vietnam cleaner production centre. Dr. Tuong Thi Hoi concluded the following: All four plastic companies have not adopted any of the EMS nor environmental policies, environmental purposes and targets. Companies’ managers and staffs are not aware of significant environmental aspects related to their company operation and they do not know which environmental standards on emission, wastewater, noise etc. need compliance. DOSTE had carried out several environmental measurements on air, 15 water and labor environments at Dat Hoa and Duy Tan. However, the managers of these two companies do not want to show measurement results to the workers or public. Truong Thinh and Tu Hai have never had any environmental monitoring program carried out by DOSTE. Rhian Tough (2007) used a mixed comparative approach to investigate the …show more content…

The methodology adopted in this paper was the following. First, the composition and the life cycle of plastics were briefly discussed. Second, the benefits from plastics were elucidated and their inevitability in India established. Third, the ecological harms and health hazards caused by plastics were elaborated. Fourth, the viability of command-and-control measures for addressing these harms and hazards was 21 investigated. Finally, the competence of market-based solutions in this regard was

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