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Activity Number:
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186
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Type:
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Topic Contributed
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Date/Time:
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Monday, July 30, 2007 : 2:00 PM to 3:50 PM
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Sponsor:
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Section on Risk Analysis
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| Abstract - #310280 |
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Title:
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Environmental Risk Mitigation and Corporate Competitiveness
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Author(s):
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Nasrin Khalili*+
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Companies:
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IIT Stuart School of Business
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Address:
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565 W Adams Street, Chicago, IL, 60661,
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Keywords:
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Environmental Management ; Risk Analysis ; Risk Mitigation ; Operation Strategies ; Corporate Competitiveness ; Environmental Risks
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Abstract:
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Corporations recognize the inevitability for managing environmental risks associated with the industrial economy. It is also evident that these risks must be mitigated in order to succeed in the competitive market. Mitigation strategies have been focusing on identifying environmental concerns within the realm of corporate strategy and development of codified management, audit, and reporting schemes for a wide range of the operations. This paper analyzes environmental risks and mitigation strategies at the leading organizations and describes how environmental decision making could feed into the entire value- adding process of corporations.
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