IDEAS home Printed from https://ideas.repec.org/a/aio/aucsse/v2y2019i47p195-204.html
   My bibliography  Save this article

Social Accounting – Base Lever Of The Organization’S Social Responsibility

Author

Listed:
  • Carmen-Florentina Paunescu (Petre)

    (University of Craiova Faculty of Economics and Business Administration)

  • Mariana Man

    (University of Petrosani Faculty of Science Petrosani, Romania)

Abstract

Being in full ascension, social accounting is considered, in the specialty literature, a subcategory of the financial accounting within the organization. The social accounting is delimited on the non-financial information discovery and the organization’s social performance towards the internal and external parts, such as the capital owners, mainly, for the interested parts, the creditors and other authorities. This non-financial information needs to represent the activities that have a direct impact on the community, the environment and on the organization’s social performance. This article tries to determine the conceptual environment, the role and the objectives of the organization’s social accounting, as well as finding the answer to the next question: What are the characteristics and the benefits of knowing and applying the social accounting? The product given by the social accounting is the non-financial information and, as any other product, for the acceptance of its clients, it needs to accomplish certain qualitative criteria, certain standards to satisfy the needs of its every beneficiary.

Suggested Citation

  • Carmen-Florentina Paunescu (Petre) & Mariana Man, 2019. "Social Accounting – Base Lever Of The Organization’S Social Responsibility," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(47), pages 195-204, December.
    • Handle: RePEc:aio:aucsse:v:2:y:2019:i:47:p:195-204
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/annals/v2_2019/021.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Armstrong, J. Scott & Green, Kesten C., 2013. "Effects of corporate social responsibility and irresponsibility policies," Journal of Business Research, Elsevier, vol. 66(10), pages 1922-1927.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Keig, Dawn L. & Brouthers, Lance Eliot & Marshall, Victor B., 2019. "The impact of formal and informal institutional distances on MNE corporate social performance," International Business Review, Elsevier, vol. 28(5), pages 1-1.
    2. Armstrong, J. Scott & Green, Kesten C. & Graefe, Andreas, 2015. "Golden rule of forecasting: Be conservative," Journal of Business Research, Elsevier, vol. 68(8), pages 1717-1731.
    3. repec:aud:audfin:v:21:y:2019:i:51:p:422 is not listed on IDEAS
    4. Maurer, Rainer, 2015. "Auf dem Weg zur weltanschaulichen Bekenntnisschule: Das wirtschaftspolitische Leitbild der Hochschule Pforzheim," Beiträge der Hochschule Pforzheim 152, Pforzheim University.
    5. Woon Leong Lin & Chin Lee & Siong Hook Law, 2021. "Asymmetric effects of corporate sustainability strategy on value creation among global automotive firms: A dynamic panel quantile regression approach," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 931-954, February.
    6. Choudhary, Piyush & Kumar Jain, Nikunj & Panda, Abinash, 2022. "Making small and medium enterprises circular economy compliant by reducing the single use plastic consumption," Journal of Business Research, Elsevier, vol. 149(C), pages 448-462.
    7. Dharwadkar, Ravi & Guo, Jun & Shi, Linna & Yang, Rong, 2021. "Corporate social irresponsibility and boards: The implications of legal expertise," Journal of Business Research, Elsevier, vol. 125(C), pages 143-154.
    8. Singhapakdi, Anusorn & Lee, Dong-Jin & Sirgy, M. Joseph & Senasu, Kalayanee, 2015. "The impact of incongruity between an organization's CSR orientation and its employees' CSR orientation on employees' quality of work life," Journal of Business Research, Elsevier, vol. 68(1), pages 60-66.
    9. Price, Joseph M. & Sun, Wenbin, 2017. "Doing good and doing bad: The impact of corporate social responsibility and irresponsibility on firm performance," Journal of Business Research, Elsevier, vol. 80(C), pages 82-97.
    10. Štager Vesna, 2018. "Changes in Tax Legislation and Social Responsibility of Taxpayers and Legislative Institutions," Naše gospodarstvo/Our economy, Sciendo, vol. 64(1), pages 48-57, March.
    11. Bilbao-Terol, Amelia & Álvarez-Otero, Susana & Bilbao-Terol, Celia & Cañal-Fernández, Verónica, 2017. "Hedonic evaluation of the SRI label of mutual funds using matching methodology," International Review of Financial Analysis, Elsevier, vol. 52(C), pages 213-227.
    12. Ucar, Erdem & Staer, Arsenio, 2020. "Local corruption and corporate social responsibility," Journal of Business Research, Elsevier, vol. 116(C), pages 266-282.
    13. Guillermo Badía & Fernando Gómez‐Bezares & Luis Ferruz, 2022. "Are investments in material corporate social responsibility issues a key driver of financial performance?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 3987-4011, September.
    14. Stephanie Lu Wang & Dan Li, 2019. "Responding to public disclosure of corporate social irresponsibility in host countries: Information control and ownership control," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(8), pages 1283-1309, October.
    15. Agnese, Paolo & De Masi, Francesco & Porretta, Pasqualina & Santoboni, Fabrizio, 2024. "Sustainable or not sustainable pension fund: This is the question. The case of environmental social governance policies in the Italian pension system," Socio-Economic Planning Sciences, Elsevier, vol. 94(C).
    16. Ionel JIANU, 2015. "The Role of Food Companies in Consumer Protection Through the Sustainable Reporting," The Journal of Accounting and Management, Danubius University of Galati, issue 3, pages 75-84, December.
    17. Anita Mendiratta & Shveta Singh & Surendra Singh Yadav & Arvind Mahajan, 2023. "Bibliometric and Topic Modeling Analysis of Corporate Social Irresponsibility," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 319-339, September.
    18. Gerda Barauskaite & Dalia Streimikiene, 2021. "Corporate social responsibility and financial performance of companies: The puzzle of concepts, definitions and assessment methods," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 278-287, January.
    19. Alda, Mercedes, 2020. "ESG fund scores in UK SRI and conventional pension funds: Are the ESG concerns of the SRI niche affecting the conventional mainstream?," Finance Research Letters, Elsevier, vol. 36(C).
    20. Federica Nieri & Luciano Ciravegna, 2019. "Investigating firms' involvement in corporate social irresponsibility: Are family owned MNEs better corporate citizens?," Discussion Papers 2019/254, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    21. Olaf Stotz, 2021. "Expected and realized returns on stocks with high- and low-ESG exposure," Journal of Asset Management, Palgrave Macmillan, vol. 22(2), pages 133-150, March.

    More about this item

    Keywords

    social accounting; non-financial information; corporate social responsibility ; social performance.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:aucsse:v:2:y:2019:i:47:p:195-204. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anca Bandoi The email address of this maintainer does not seem to be valid anymore. Please ask Anca Bandoi to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.