Green Technology for Wastewater Treatment and Remediation

Banerjee, Ayantika; Choudhury, Moharana

doi:10.1007/978-981-16-4921-9_30-1

Cited by 1 publication

(1 citation statement)

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“…These are fast-growing markets with growing profits. From the viewpoint of consumers, they should also know that buying green inventions can reduce their energy bills and that green inventions are often safer and healthier products (Banerjee, 2014). Green technology helps to reduce adverse effects on the environment as well as improving productivity, efficiency and operational performance of the technology itself.…”

Section: Introductionmentioning

confidence: 99%

Can Firms be Clean, Green and Profitable? -Evidence from Textiles Industry of Bangladesh

Uddin¹,

Miah²

2020

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This study will be helpful for companies that are reluctant to adopt Eco-friendly technology. This paper shows that the profitability of companies that use green technology does not differ notably compare to companies that are not using green technology. In this paper, this study used financial performance measurement tools (ROS, ROA, ROE) to find out companies' profitability. This study has taken data of 40 listed companies of the Dhaka Stock Exchange. Then it divides the data into two groups, a group accustomed to green technology and a group unaccustomed to green technology. The independent samples test shows that there is no significant difference between the profitability of the two groups. It means the profitability of the two groups is almost similar. From studying these paper readers will be able to understand that by adopting Eco-friendly technology companies will not incur any fundamental loss or sacrifice a great amount of profit. So it will encourage companies to adopt Eco-friendly technology.

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Section: Introductionmentioning

confidence: 99%