Synopses & Reviews
Can corporate social awareness be translated into positive and predictable financial outcomes? Yes. Riahi-Belkaoui covers the two main components of corporate social awareness—corporate reputation or organizational effectiveness and socio-economic accounting information—and ties them directly to what happens on the corporation's bottom line. Presenting a thorough investigation of the models and results of the connection between desirable corporate behavior and economic performance, he shows not only that the outcomes are positive but that they are also predictable. A provocative and assuring study, this is intended for corporate management concerned with finance and accounting, and their colleagues with similar interests in the academic community.
Synopsis
Argues that corporate social awareness can be translated into positive and predictable financial outcomes.
About the Author
AHMED RIAHI-BELKAOUI is Professor of Accounting at the College of Business Administration, The University of Illinois-Chicago, and Chairman of the Cultural Studies and Accounting Research Committee, American Accounting Association (Internal Accounting Section).
Table of Contents
Corporate Social Awareness: The Issues
The Concept of Social Cost in Socio-Economic Accounting
An Example of Social Cost: Air Pollution
Financial Outcomes of Corporate Effectiveness: The Impact on CEO Compensation
Financial Outcomes of Corporate Effectiveness: The Impact on Asset Management Performance
Financial Outcomes of Socio-Economic Accounting: The Financial Determinants of the Social Information Disclosure Decision
Financial Outcomes of Socio-Economic Accounting: The User Reaction to the Disclosure of Socio-Economic Accounting Information
Financial Outcomes of Socio-Economic Accounting: The Market Reaction to the Disclosure of Socio-Economic Accounting Information
Financial Outcomes of Socio-Economic Accounting: The Effects of Regulatory Costs and Level of Exposure to Environmental Risk of the Extent of Environmental Disclosure
Index