Environmental Relationship In Investment Project Feasibility Studies
DOI:
https://doi.org/10.55202/ajms.v1i3.75Keywords:
investment decisions, environmental effect, feasibility studyAbstract
The paper discusses the theoretical concepts underlying the environmental feasibility study by defining the nature of the investment project, the theoretical frameworks for feasibility studies in general, and ecological feasibility in particular, to accomplish the paper's objective of emphasizing the environmental feasibility study's impact and significance for the project and society as a whole. The ecological research conducted by those responsible for the feasibility study concluded that it contributes to mitigating adverse effects on society. It accurately defines the expected returns on the project. One of the most critical recommendations must be made, which is a law granting a license to establish the project or not. The article seeks to elucidate the theoretical principles underpinning the examination of environmental feasibility and the implications for the project and society at large. The findings indicate that ecological feasibility studies reduce the potential risks associated with establishing specific projects that could harm society's and the environment's public health, and how critical they are for the project among feasibility studies (financial, legal, economic, etc.).
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