The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq
The information of cost and economic analysis is consider the key of formulating policies, decision-making and the adoption of investment programs, as a result of the high rates of pollutants and the variety of forms which different types lead to increasing concentrations, especially in recent...
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Salahaddin University-Erbil
2021-06-01
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| Series: | Zanco Journal of Humanity Sciences |
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| Online Access: | https://zancojournal.su.edu.krd/index.php/JAHS/article/view/1790 |
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| author | Salh Ebrahim Yuns Zaito Awla Abubakr Rezan Salahaddin Azzat |
| author_facet | Salh Ebrahim Yuns Zaito Awla Abubakr Rezan Salahaddin Azzat |
| author_sort | Salh Ebrahim Yuns |
| collection | DOAJ |
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The information of cost and economic analysis is consider the key of formulating policies, decision-making and the adoption of investment programs, as a result of the high rates of pollutants and the variety of forms which different types lead to increasing concentrations, especially in recent years, prevention and treatment of its effects have become the concern of various countries and companies, took the environmental costs resulting from those pollutants constitute high rates As a result of the costs incurred by the company, information on these costs can no longer be ignored in line with the polluter pays principle. These costs affect the company's profitability and investment returns. In this sense, the decisions that were traditionally taken to ignore the environmental costs as hidden costs tainted by some inaccuracy, from this point of view environmental cost information is taking over the new visions of economists, businessmen and banks granting credit when making their decisions, so that they are not inattentive to the requirements Environmental legislation that may oblige the company to incur additional costs was not taken into account as a result of neglect of the environmental side at the time, turning it from profitable to losing companies, especially since bank credit is the main source of operating profit, but it is fraught with Failure to identify and measure costs related to protecting the environment, reducing pollution or controlling it, eliminating its past effects and not disclosing it as hidden costs makes decision-making regarding the granting of credits improper and threatened by unexpected and sudden risks that may lead to the closure of borrowing companies and the transfer of loans granted or Credits to bad debts are deducted from the operating profit of the granting bank because of lack of information on environmental costs or ignoring them. In this research, the researchers sought to demonstrate the importance of environmental cost information in rationalizing credit decisions and its impact on reducing the degree of risk.
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| format | Article |
| id | doaj-art-baafcb89fb4f4f74971ef5c5c9463c31 |
| institution | Kabale University |
| issn | 2412-396X |
| language | Arabic |
| publishDate | 2021-06-01 |
| publisher | Salahaddin University-Erbil |
| record_format | Article |
| series | Zanco Journal of Humanity Sciences |
| spelling | doaj-art-baafcb89fb4f4f74971ef5c5c9463c312025-08-20T03:43:44ZaraSalahaddin University-ErbilZanco Journal of Humanity Sciences2412-396X2021-06-0125310.21271/zjhs.25.3.9The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, IraqSalh Ebrahim Yuns 0Zaito Awla Abubakr 1 Rezan Salahaddin Azzat2Department of Accounting, Mousl Technical Institute, Northern Technical University - MosulDepartment of Accounting, College of Administrative & Economics, Salahaddin University. Department of Accounting, College of Administration & Financial Sciences, Knowledge University- Iraq.Department of Accounting, College of Administrative & Economics, Salahaddin University. The information of cost and economic analysis is consider the key of formulating policies, decision-making and the adoption of investment programs, as a result of the high rates of pollutants and the variety of forms which different types lead to increasing concentrations, especially in recent years, prevention and treatment of its effects have become the concern of various countries and companies, took the environmental costs resulting from those pollutants constitute high rates As a result of the costs incurred by the company, information on these costs can no longer be ignored in line with the polluter pays principle. These costs affect the company's profitability and investment returns. In this sense, the decisions that were traditionally taken to ignore the environmental costs as hidden costs tainted by some inaccuracy, from this point of view environmental cost information is taking over the new visions of economists, businessmen and banks granting credit when making their decisions, so that they are not inattentive to the requirements Environmental legislation that may oblige the company to incur additional costs was not taken into account as a result of neglect of the environmental side at the time, turning it from profitable to losing companies, especially since bank credit is the main source of operating profit, but it is fraught with Failure to identify and measure costs related to protecting the environment, reducing pollution or controlling it, eliminating its past effects and not disclosing it as hidden costs makes decision-making regarding the granting of credits improper and threatened by unexpected and sudden risks that may lead to the closure of borrowing companies and the transfer of loans granted or Credits to bad debts are deducted from the operating profit of the granting bank because of lack of information on environmental costs or ignoring them. In this research, the researchers sought to demonstrate the importance of environmental cost information in rationalizing credit decisions and its impact on reducing the degree of risk. https://zancojournal.su.edu.krd/index.php/JAHS/article/view/1790Environmental costs, Environmental costs accounting, Credit, Credit risk. |
| spellingShingle | Salh Ebrahim Yuns Zaito Awla Abubakr Rezan Salahaddin Azzat The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq Zanco Journal of Humanity Sciences Environmental costs, Environmental costs accounting, Credit, Credit risk. |
| title | The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq |
| title_full | The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq |
| title_fullStr | The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq |
| title_full_unstemmed | The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq |
| title_short | The Role of Environmental Cost Information in Reducing Bank Credit Risk Analytical Study of the Opinions of a Sample of Credit Analysts in the Banks of the Province of Erbil, Iraq |
| title_sort | role of environmental cost information in reducing bank credit risk analytical study of the opinions of a sample of credit analysts in the banks of the province of erbil iraq |
| topic | Environmental costs, Environmental costs accounting, Credit, Credit risk. |
| url | https://zancojournal.su.edu.krd/index.php/JAHS/article/view/1790 |
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