On page 10 of the BHP Billiton Annual Report 2012 , it is stated that Due to

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On page 10 of the BHP Billiton Annual Report 2012 , it is stated that ‘Due to the nature of our operations Health, Safety, Environment and Community

(HSEC) incidents or accidents and related regulations may adversely affect our reputation or licence to operate’.

What does the organisation mean by ‘licence to operate’?

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Financial Accounting Theory

ISBN: 9780071013147

4th Edition

Authors: Craig Deegan, H. Bierman

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