Social Accounting Research Articles

The Impact of Corporate Social Responsibility Disclosure and Accounting Comparability on Earnings Persistence

The study aims to provide empirical evidence on the impact of corporate social responsibility (CSR) and accounting comparability (AC) on earnings persistence (EP) in listed firms on the Vietnamese stock market. Data were collected from 76 companies that have disclosure financial statements, annual reports, and CSR of companies and listed firms on the Vietnamese stock market in the period from 2014 to 2017. The study used the Generalized Method of Moments (GMM) regression method to evaluate the correlation. We believe that CSR and AC have a positive impact on EP. The study helps to contribute to a review of previous studies on the relationship between CSR disclosure, AC and EP in developing countries. The study points out some policy implications for regulators and firms on transparency in an information disclosure to increase AC and CSR on the basis of maintaining EP.

Framework Proposal to Quantify the Contribution of Non-Wood Forest Products to the European Union Forest-Based Bioeconomy

Forest ecosystems provide numerous services that contribute to the wellbeing of societies. However, the lack of knowledge about the benefits of non-wood forest ecosystem services, such as non-wood forest products (NWFPs), hinders efficient forest policy decision-making processes. This study proposes a new extension of the Social Accounting Matrices (SAMs) to capture both the private and the social component of NWFPs. By means of a literature review, we show how extended SAMs can be a suitable approach to explain the causal relationship between the supply of forest ecosystem services, forest-based value chains, and the European bioeconomy. The literature analysis shows that the number of research studies calibrating or using SAMs has been increasing over the last decades. Recent extensions of the SAMs made it possible to evaluate the relationship between human wellbeing and the environment. Moreover, we found applications to the forest sector (limited to timber) and to the supply of some non-wood ecosystem services. We believe the extended SAMs will support decision-makers to design forest strategies that properly account for the benefits NWFPs provide to both the economy and the society.

Social Accounting Accountability for Social Costs in Non-Profit Entities (Study at Muhammadiyah Hospital Surabaya)

The business performance of an organization cannot be separated from how to participate in caring for social and environmental responsibilities. This research method uses a descriptive qualitative research type by describing the concept of social accounting as a development of the accounting discipline that leads to social values that have been running at Muhammadiyah Persyarikatan Hospital. The results showed that the performance of social costs from the achievement of profit performance, the performance of benefits and costs on social costs always decreased on the performance of activities related to social interests. This proves that it can be said that Muhammadiyah Surabaya Hospital is not too focused on activities in social interests and is only carried out voluntarily. the performance of benefits and costs on social costs always decreased on the performance of activities related to social interests. The performance of benefits and costs on social costs always decreased on the performance of activities related to social interests. This proves that it can be said that Muhammadiyah Surabaya Hospital is not too focused on activities in social interests and is only carried out voluntarily.

Social Accounting Accountability for Social Costs in Non-Profit Entities (Study at Muhammadiyah Hospital Surabaya)

Social Accounting Accountability for Social Costs in Non-Profit Entities (Study at Muhammadiyah Hospital Surabaya)

The adoption of corporate social responsibility active learning methodology with management accounting students

The aim of this paper is to integrate active methodology on corporate social responsibility (CSR)11CSR: Corporate Social Responsibility. learning into management accounting studies. The linkages between sustainable management and management accounting demand those future managers integrate CSR into their training in an effective way, as they will become change agents for CSR. A representative sample of students at the University of Jaen has been selected in order to adopt CSR active learning, which allows us to draw conclusions about how they perceive CSR and its management. Qualitative methodology has been integrated in this project-based learning using flipped classroom. Our evidence full supports the validity of the CSR active learning methodology to create an effective learning context that involves professional and emotional competences, as the answers offered mainly included some relevant topics covered by CSR research and social and environmental accounting (SEA). This study contributes to previous literature assessing the potential of active methodologies in CSR learning. Also, it provides important insights for university and business school managers to design or modify curricula that are related to management accounting in line with sustainability.

The Emotional Dimension of Value: A Proposal for Its Quantitative Measurement.

The first goal of this paper is to develop a theoretical and practical framework which can help to measure the emotional value generated by organizations in quantitative terms. Its second goal is to use data obtained from the UCAN (Union of Food and Agriculture Cooperatives of Navarre) in Spain as a case study to illustrate the quantification of the emotional value generated, with a view to factoring that value into a social accounting system. Ever greater recognition of the social role of organizations in recent years has led to a need for a consistent definition of the concept of socio-emotional value, and for instruments that can be used to measure that value in terms of generic social accounting. Taking the current lack of standardization in such models and instruments, especially those that deal with emotional value as its starting point, the paper proposes a new instrument for measuring that value quantitatively in such a way as to overcome some of the limitations of earlier proposals. The underlying perspective is that the monetary values identified in market and non-market transactions do not accurately account for all the value generated for different stakeholders, and that adjustments are required through a correction factor applied to the value variables identified. The quantification of the socio-emotional value generated by an organization is seen as a more comprehensive indicator of its performance, given that it provides more information and takes into account the value generated for stakeholders as a whole in all dimensions.

Does a Recycling Carbon Tax with Technological Progress in Clean Electricity Drive the Green Economy?

The environmental issue is a significant challenge that China faces in leading the development of the green economy. In this context, reducing CO2 emissions is the key to combatting this problem. Taking the 2017 social accounting matrix (SAM) as the database and combing macroeconomic parameters from previous studies, this article constructed the environmentally computable general equilibrium (CGE) model as an analytical model to analyze the economic–environmental–energy impacts of recycling carbon tax with technological progress in clean electricity. We found that when the rate of clean electricity technological progress reaches 10%, the carbon recycling tax that reduces corporate income taxes will achieve a triple dividend of the carbon tax, namely, promoting economic development, reducing carbon emissions, and improving social welfare. In the meantime, on the basis of carbon tax policies that raise the price of fossil energy, clean electricity technological progress will help accelerate the transformation of electricity structure, reduce the proportion of thermal power generation, and better promote emission reduction. In addition, due to the high carbon emission coefficient, coal contributes significantly to carbon emission reduction. Therefore, China should implement a carbon tax recycling policy supplemented by the progress of clean power technology as soon as possible to better promote green economy development.

The economic and social value of spa tourism: The case of balneotherapy in Maresme, Spain.

The aim of this article is to assess both the economic and social value of balneotherapy and spa tourism, being the first paper in carrying out this analysis. The study has been conducted in Maresme, a region of Catalonia, Spain. On the one hand, an Input-Output (IO) model with a Social Accounting Matrix (SAM) has been carried out to assess the economic value. On the other hand, a Cost-Benefit Analysis (CBA) has been used to monetise the social value in this region, taking into account, among other concepts, direct and indirect health profits, given that balneotherapy helps to alleviate various diseases. The results show that whereas the economic multiplier is 1.529 considering the direct and indirect effects and 1.712 taking into account also the induced effects, which are similar to health and medical tourism multipliers, social value generates additional positive value, given that the cost-benefit ratio is 1.858. The theoretical implications of the paper as well as the findings’ implications for policy so as to encourage investments in spa tourism are discussed.

Macro-Economic Impact of Policies for Controlling Fossil Energy Consumption in China

This paper analyzes the macro-economic impact of controlling fossil energy consumption in China by using a social accounting matrix framework. The empirical results show that, first, restricting the exploitation of fossil energy resources will lead to a decline in the output of other production activities, thereby reducing the factor income and the living standards of residents. Second, improving energy efficiency can promote increased output in other production sectors, and raise factor returns and residents’ living standards. Third, raising the price of energy products will result in higher costs of the entire society. The stronger the dependence on the energy sector, the greater the increase in the industrial cost. Therefore, the government should increase investment in energy efficiency, keep to energy intensity constraints, restrict the extraction amount of energy resources, and reasonably control energy prices based on market environmental factors.

Social value in the orange economy: social accounting applied to museums

ABSTRACT Cultural and creative industries generate $2250b in revenue and 29.5 million jobs worldwide. The Museum sector is highly relevant among them and generates social value for society, taken to be the value created for stakeholder groups. However, the system used to measure their value generation is limited to visitor volume and revenues. Policymakers then assume that the role of those organisations is to generate profit or attract visitors. They produce financial-economic statements and provide further information on visitors and their type and satisfaction, but undoubtedly, museums generate far more than those aspects reflected in financial-economic statements. We selected a key group of museums in order to demonstrate the other aspects positively valued by museums stakeholders. After analysing 104 stakeholder-dialogue interviews, the aspects evidenced were as follows: museums are responsible businesses, generate value for a group of stakeholders, have agreed to establish a common stakeholder map, and museums could work better when aligned.

Tobacco industry in Mexico: a general equilibrium analysis

ObjectiveEffects of tobacco taxation on employment in Mexico are measured by using an applied general equilibrium model.MethodsThe study describes the modelling methodology based on a 2013 social accounting matrix for...

Tourism's income distribution in West Papua Province

Pioneering the construction and application of social accounting matrix (SAM) framework in West Papua Province, Indonesia in 2018, this research aims to examine tourism-induced distribution effects on various socioeconomic groups by estimating SAM multiplier and its decomposition as well elaborating tourism influences through structural path analysis. Tourism brought significant impact on the economy with utmost overall contribution on capital factor and within decomposed cross multiplier effect. Nevertheless, impact on households decreases following a decrease in the level of household income. Accommodation and food services contributed on agricultural workers' income and employment. The latter has exceptional influence on the lowest-income rural household segment transmitted through fisheries, agricultural worker, and capital factor, that is strategic to improve livelihood and reducing regional poverty.

Responding to crises: rewilding accounting education for the Anthropocene

PurposeResponding to COVID-19, this conceptual paper uses rewilding to interrupt anthropocentric and human/nature dualist properties of accounting education. Through rewilding accounting education, informed by posthumanist and ecofeminist thought, this paper aims to develop an accounting pedagogy that shapes greater ecocentric narratives. Accounting educators can contribute to addressing crises by evolving new pedagogies that radically transform the education of future accounting professionals.Design/methodology/approachThe authors take a critical stance in analysing the human-centred accounting education model. They explore how this model can be reimagined through rewilding accounting education, resulting in learning interventions that foster an understanding of intrinsic value, complexity of systems and collective disposition with all species and the natural world.FindingsRewilding learning interventions embed an ecocentric approach in accounting curricula design to extend beyond a human focus. Rewilding learning interventions practically explored with application to accounting include learning with and from nature, Indigenous knowledge perspectives, play as a common language and empathy as a dialogical bridge.Social implicationsThe authors present an accounting pedagogy that fosters among accounting students and educators a relational orientation and ecological consciousness that encompasses compassion and openness to others, including non-human species and nature. This will ensure that accounting graduates are better prepared for addressing future crises that stem from our disconnect with nature.Originality/valueThis paper adds to limited research investigating accounting and the Anthropocene. Investigations into the Anthropocene’s human-centred discourse in accounting education are vital to respond adequately to crises. This paper extends social and environmental accounting education literature to encompass less anthropocentric discourse and greater relational learning.

Socioeconomic Effects of COVID-19 in Mexico: A Multisectoral Approach and Policy Options

The health crisis caused by the spread of COVID-19 has caused a profound social and economic disruption in Mexico. Our purpose in this paper is to contribute to the knowledge about the economic impact of the pandemic in Mexico and to evaluate social policy options to mitigate its effects. We do so based on a multisectoral-multiplier model and the most recent Social Accounting Matrix for Mexico, with which we estimate the direct and indirect impacts of COVID-19 as well the likely effects of two alternatives for mitigating them: an unconditional cash transfer scheme for households living in poverty, and the establishment of an unemployment insurance program for workers who have lost their jobs during the pandemic. We find that the first alternative alleviates more value added and loss of income, and thus has a greater effect in reducing inequality and the incidence of poverty.

Application of Smart Healthcare in LTCI, Outpatient Mutual-Aid Guarantee Mechanism, and Sustainability of Medical Insurance Fund for Urban Employees.

With the aggravation of population aging and the increase of life expectancy, long-term care insurance (LTCI) system has been established to meet the medical and long-term care needs of the increasing elderly population. In China, LTCI system is currently not a stand-alone insurance, but it is attached to the national basic medical insurance fund for urban employees (MIUE). As a result, the expenditure of LTCI is a part of the expenditure of the MIUE, which has an impact on the sustainability of the MIUE. By modeling the income and expenditure of MIUE, especially including the expenditure of LTCI, this study optimized an LTCI system with a higher individual out-of-pocket payment ratio of LTCI and implementation of the outpatient mutual-aid guarantee mechanism (OMAGM), which could improve the sustainability of the MIUE. The study also reveals the following: (i) solely increasing individual out-of-pocket payment ratio of LTCI to 20%–50% can only postpone the deficit on Social Pooling Accounts (SPAs) by 1 or 2 years, and the effect is very limited. (ii) Besides a higher individual out-of-pocket payment ratio, further implementation of a partial OMAGM from 2022 will postpone the deficit on SPAs by 7–9 years, and the implementation of a complete OMAGM from 2022 will postpone the deficit by 14–18 years. Accordingly, China should implement OMAGM as soon as possible to enhance the solvency of MIUE fund, and, in the long run, an independent LTCI scheme should be established to ensure the stability and sustainability of the LTCI fund and the MIUE fund.

Is It Possible to Monetarily Quantify the Emotional Value Transferred by Companies and Organizations? An Emotional Accounting Proposal.

Social accounting focuses on value transactions between organizations and their stakeholders; both market ones, where the value perceived by the different stakeholders is identified, and non-markets ones, where transactions are monetized at their fair value. There was long awareness of an emotional value translation, linked to the transfer of different products, services, remunerations, and incentives, regardless of whether they were market or non-market. Yet that emotional value seemed to be anchored in the field of psychology and managed to elude economic science. This study seeks to identify emotional value with consumer surplus and, by extension, of the other stakeholders in a value transfer process. This proposal allows the emotional value to be anchored in the micro-economy and allows it to be objectively calculated using a regression involving three elements: the market price, the fair value interval, and a perceived satisfaction score by the different stakeholders in the form of significant sampling. The result obtained not only allows Social Accounting to be complemented with emotional value, but it also facilitates its incorporation in the strategy to optimize the emotional value. Furthermore, it enables a quantification of the perceived subjective utility, which opens up a research path where some possible lines are clearly identified.

An empirical and theoretical approach to a country's economic activity based on a Social Accounting Matrix. An application to Portugal

An empirical and theoretical approach to a country's economic activity based on a Social Accounting Matrix. An application to Portugal

Social and Environmental Accounting and Performance of Banking Companies Quoted in Nigeria

Since the 2007-2008 global financial crisis, which affected many large corporations, the performance of companies has come under scrutiny, and the corporate world has been forced to restructure its relationship with its stakeholders. For many years, stakeholders have been clamoring for greater accountability, and transparency from the management of companies on social and environmental matters. This paper studied the relationship between social and environmental accounting and performance of banking companies quoted in Nigeria, using <i>ex-post-facto</i> research design, while the total enumeration sampling technique was used in the selection of the 13 banking companies for a period of 10 years from 2011 - 2020. Descriptive and inferential statistics were used to analyze the data. The study's findings demonstrated that social and environmental accounting had a considerable impact on the return on capital employed (ROCE) of Nigerian banking organizations (<i>Adj R²</i> = 0.0367, <i>F-Stat </i>= 14.34, <i>p </i>= 0.0008) While the effect of social and environmental accounting disclosure on return on capital employed (ROCE) of Nigerian banking enterprises is moderated by firm size (Δ<i>Adj R²</i> = 0.1391, <i>F-Stat </i>= 7.95, <i>p </i>= 0.0001). According to the findings, social and environmental accounting has a substantial impact on the performance of Nigerian financial organizations. The study recommended that policies be made for the mandatory disclosure of social and environmental accounting information in the financial statement of firms.

The relationship between corporate social responsibility accounting and supply chain management

This study aimed to examine the relationship between corporate social responsibility accounting (CSRA) and supply chain management (SCM). A survey of 375 employees from Jordanian businesses was used to gather primary data. For the data collection method, a questionnaire was used. SPSS version 25 was used to conduct descriptive statistical analysis. The results indicate that there is a statistically significant relationship at a significant level (α≤0.05) between the domains of corporate social responsibility accounting (CSRA) including human resource development HRD, Natural resources development NRD, improve quality product IQP, improve quality service IQS and supply chain management (SCM).

Social Organizational Life Cycle Assessment (SO-LCA) and Organization 4.0: An easy-to-implement method

Organizations often face difficulties when measuring their social performance. The lack of international standards, the qualitative/quantitative nature of data, and the unavailability of primary sources all hinder social impact assessments, especially in manufacturing settings. To fill these gaps, the method proposes a simple application protocol of Social Organizational Life Cycle Assessment (SO-LCA), customized for an Italian ceramic tile manufacturer. The method leverages Industry 4.0 digital technologies to collect real-time primary and site-specific social data, making the social assessment dynamic. The managerial approach adopted for the selection of social metrics and weighting of indicators and indexes, can support the transition of the manufacturing organization into Organization 4.0. The method also provides a contribution to the operational validation of the UNEP guidelines by extending their area of application. Finally, the proposed method gives substance to social responsibility through social accounting, helping the organization to measure the correct social impact starting from the detailed data, namely the decisions made in the business and in production.•Social Organizational Life Cycle Assessment (SO-LCA) application protocol validated in Industry 4.0 environment.•Social metrics directly linked to production and business processes for the dynamic assessment of social performance.•Easy replicability of the method in other organizational contexts.