HYPERION ECONOMIC JOURNAL

 FULL TEXT

• Cornelia Maria Nitu, Ph.D Student, Affiliation: IOSUD-SDSE Valahia University of Targoviste, Romania;
• Alin Sergiu Nitu, Ph.D Student, Affiliation: IOSUD-SDSE Valahia University of Targoviste, Romania;
• Mihai Andrei Mirica, Ph.D Student, Affiliation: IOSUD-SDSE Valahia University of Targoviste, Romania.

In the current context of globalization, there is an interdependent relationship between performance, expressed in value, and social responsibility as a factor of sustainable development. New questions have arisen for the accounting, namely how the environmental and social problems can be quantified and reflected by accounting. The multinationals were also forced to comply with the regulatory requirements regarding environmental issues, which required profound accounting changes. The paper presents in summary the defining characteristics of multinational accounting, and especially green accounting.

 FULL TEXT