ANALYSIS OF COSTS FOR ENVIRONMENTAL PROTECTION IN SR

Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Študentská 3, 91150 Trenčín, Slovakia

DOI: https://doi.org/10.31410/ITEMA.2018.559
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2nd International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2018 – Graz, Austria, November 8, 2018, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-13-4

Today’s society is increasingly aware that the damaged and polluted environment has a negative impact on the quality of life of the population. Environmental protection is considered to be a broad spectrum activity. Economic and social activities should be planned and implemented in the framework of environmental and sustainability principles. A significant impact on improving the quality of the environment is the implementation of these principles in the economic activities of both businesses and individual municipalities. The growing importance of environmental protection has an impact on all business activities, not only in the Slovak Republic, but also in all the advanced world economies. Businesses need to adjust to this new trend if they want to achieve competitiveness in the field of sustainable production and environmentally sound production of their products and services on a domestic and, in particular, globalized foreign market. The aim of the paper is to analyze the costs incurred for the protection of the environment in SR conditions.
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