Managerial Economics 13th Edition by James McGuigan,Charles Moyer,Frederick Harris

Exercise 15

If the net present value of the Utsira project is negative, yet Hydro goes ahead and funds the investment anyway, what ethical obligations does Hydro have to its shareholders Discuss the role of corporate social responsibility and of back-up plans to address the possible full costing of coal, as in the European Union where carbon permits for a ton of coal have at times increased coal resource costs by 25 percent.