Financial Reporting for Environmental and Social responsibility: A Normative Strategic Concept
Corporate responsibility demands that firms address environmental and social values in their firm’s policy and key performance indicators. These are integrated through strategic planning and require firms to merge the longer term environmental and social values with short term economic objectives and performance measures. Each firm’s strategy will differ. This paper provides a normative reporting concept to connect the financial implications associated with longer term planning for environmental and social values, with short term accounting reports. Reporting variants adapted from total cost assessment, life cycle costing, variable costing are integrated to offer upstream information based on a product segment view.
|Date of creation:||21 Mar 2004|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 61 3 9244 3815
Web page: http://www.deakin.edu.au/buslaw/aef/index.php
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gutschelhofer, Alfred & Roberts, Hanno, 1997. "Anglo-Saxon and German life-cycle costing," The International Journal of Accounting, Elsevier, vol. 32(1), pages 23-44.
- Hutton, R Bruce & Wilkie, William L, 1980. " Life Cycle Cost: A New Form of Consumer Information," Journal of Consumer Research, University of Chicago Press, vol. 6(4), pages 349-60, March.
- Hansen, Frederick & Smith, Michele, 2003. "Crisis in corporate America: the role of strategy," Business Horizons, Elsevier, vol. 46(1), pages 7-18.
When requesting a correction, please mention this item's handle: RePEc:dkn:acctwp:aef_2004_05. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dr Xueli Tang)
If references are entirely missing, you can add them using this form.