144 страниц. 2013 год. LAP Lambert Academic Publishing The study is devoted to the analysis of environmental factor in the firm decision-making. The author considers basic theoretical concepts of the firm, its internal and external environment. The author suggests several ways to deal with theoretical issues of environmental impact on economic development. Business is to take into consideration the growing public ecological consciousness and requirements, and to participate in environment protection. The author considers environmental management system as an efficient method of internalisation of ecological externalities. It requires formal rules and informal institutes to reveal and manage environmental impact of the business. The directions of environmental management system development in Russia are discussed and matched to international experience. This book is especially useful for students, researches, policy makers and anyone who deals with the area of environmental economics.