Journal of Commerce and Accounting Research

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Social Performance Reporting Practices:A Comparative Study of Selected Index Based Indian and Australian Companies


Affiliations
1 Bhaktraj Dada Khachar Arts and Commerce College (Govt. College), Gadhada, Gujarat, India
2 Post Graduate Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India
     

   Subscribe/Renew Journal


Business is a part of the society. Companies now should not only focus on its financial returns, but should also take utmost care in giving back to the society in which it operates. Every company should be socially responsible and should also broaden its horizons from its stakeholders to general public, at large. It should not only carry on social activities which benefit the public at large, but also report the same in order to create more awareness. Social performance reporting would thus motivate all the companies to expand from within and reach out to the society as a whole. However, there exists a problem of its reporting. "How to measure" and "What to report" are another two questions to be answered upon. This paper attempts to clarify what social accounting is all about- mainly focusing on the reporting practices and measurement of the few randomly selected index based Indian and Australian companies.

The objective of this study is to measure the quantity and quality aspects of voluntary social performance disclosures in the various reports of the few randomly selected index based Indian and Australian companies. The result may serve a base or the path towards better social performance disclosures.


Keywords

Corporate Social Responsibility (CSR), Sustainability, Social Accounting, Social Performance, Social Reporting, Global Reporting Initiatives (GRI).
Subscription Login to verify subscription
User
Notifications
Font Size


  • Adams, C. A., & Kuasirikun, N. (2000). A comparative analysis of corporate reporting on ethical issues by UK and German chemical and pharmaceutical companies. The European Accounting Review, 9(1), 53-80.

  • Ashkin, S., & Schultz, C. (2009). The triple bottom line: The rise of the Sustainability Concept. ISSA Today, pp. 1-7.

  • Belkaoui, A., & Karpik, P. (1989). Determinants of the corporate decision to disclose social information. Accounting, Auditing & Accountability Journal, 2( 1), 36-51.

  • Buhr, N. (1998). Environmental performance, legislation and annual report disclosure: the case of acid rain and Falconbridge. Accounting, Auditing & Accountability Journal, 33(1), 69-87.

  • Deegan, C. (Spring 2000). The Triple Bottom Line. JASSA, 3, 12-14.

  • Elkington, J. (1994). Towards the sustainable corporation: Win-Win-win business strategies for sustainable development. California Management Review, 36(2), 90-100.

  • Freedman, M., & Jaggi, B. (1986). An analysis of the impact of corporate pollution disclosures included in annual financial statements on investors ‟Decisions”, in Neimark, M, Merino, B and Tinker, T. (Eds.), Advances in Public Interest Accounting, Vol. 1, JAI Press, Greenwich, pp. 192-212.

  • Gray, R. (2002). The social accounting project and accounting organisations and society: Privileging Engagement, imaginings, new accountings and pragmatism over critique. Accounting, Organizations and Society, 27(7), 687-708.

  • Gray, R., Owen, D., & Maunders, K. (1987). Corporate social reporting: Accounting and accountability. Prentice Hall, Hemel Hempstead.

  • Gray, R., Owen, D., & Adams, C. (1996). Accounting and accountability: Changes and challenges in corporate social and environmental reporting. Prentice-Hall Europe, London.

  • Gull, S., Hanchinal, A., & Salma, M. B. (2013). Social accounting- A survey. International Journal of Application or Innovation in Engineering & Management, 2(5), 311-318.

  • Guthrie, J., Cuganesan, S., & Ward, L. (2007). Extended performance reporting: evoluting corporation social responsibility and intellectual capital management. Issues in Social and Environmental Accounting, 1(1), 1-25.

  • Hackston. D., & Milne. M. J. (1996). Some determinants of social and environmental disclosures in New Zealand companies. Accounting, Auditing and Accountability Journal, l 9(1), 77-108.

  • Henriques, A., & Richardson, J. (2004). A book on- the triple bottom line: Does it all add up? Earthscan Publications Ltd., UK, pp. 17-25.

  • Kelly, G. J. (1981). Australian social responsibility disclosure: Some insights into contemporary measurement. Accounting and Finance, 20(3), 97-107.

  • Kolk, A. (2004). A decade of sustainability reporting: developments and significance. International Journal of Environment and Sustainable Development, 3(1), 51-64.

  • Pahuja, S. (2009). Environmental Accounting and Reporting (EAR) Standards. Indian Journal of Accounting, 39(2), 37-43.

  • Krippendorff, K. (1980). Content analysis: An introduction to its methodology. London, Sage.

  • Raar, J. (2002). Environmental initiatives: Towards triple-bottom line reporting. Corporate Communications: An International Journal, 7(2), 169-83.

  • Reddy, S. (July 2007). Sustainability reporting in Asia. The ICFAI Journal of Accounting Research, 6(3), 39-52.

  • Roberts, R. W. (1992). Determinants of corporate social responsibility disclosure: an application of stakeholder theory. Accounting Organizations and Society, 17(6), 595-612.

  • Sehgal, A., & Sehgal, D. (n.d.). Advanced Accounting-I, Taxmann’s Edition, pp.3.316-3.321.

  • The Earthscan Reader in Business and Sustainable Development: Edited By Richard Starkey and Richard Welford, Earthscan Publications Ltd., London and Sterling, VA. p-37.

  • Wayne, V. (2007). Corporate Sustainability and the Individual: A Literature Review. University of Cambridge Programme for Industry Research Paper Series, 1, 3-20.

  • Willamson, I. (April 2001). Environmental Reporting: handbook for small and medium size businesses. Star Printing Pty Limited, pp.1-28.

  • http://www.Emeraldinsight.com/research registers

  • http://www.hul.co.in/

  • http://www.infosys.com/pages/index.aspx

  • http://www.itcportal.com/

  • https://www.globalreporting.org/resourcelibrary/G3.1-Human-Rights-Indicator-Protocol.pdf)

  • https://www.globalreporting.org/resourcelibrary/G3.1-Labor-Indicator-Protocols.pdf)

  • https://www.globalreporting.org/resourcelibrary/G3.1-Product-Responsibility-Indicator-Protocols.pdf)

  • https://www.globalreporting.org/resourcelibrary/G3.1-Society-Indicator-Protocol.pdf)

  • www.aluminalimited.com

  • www.brambles.com

  • www.newcrest.com.au

  • www.ongcindia.com

  • www.ril.com

  • www.stockland.com.au

  • www.woolworths.com.au


Abstract Views: 202

PDF Views: 1




  • Social Performance Reporting Practices:A Comparative Study of Selected Index Based Indian and Australian Companies

Abstract Views: 202  |  PDF Views: 1

Authors

Tejas Gandhi
Bhaktraj Dada Khachar Arts and Commerce College (Govt. College), Gadhada, Gujarat, India
Yagnesh Dalvadi
Post Graduate Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India

Abstract


Business is a part of the society. Companies now should not only focus on its financial returns, but should also take utmost care in giving back to the society in which it operates. Every company should be socially responsible and should also broaden its horizons from its stakeholders to general public, at large. It should not only carry on social activities which benefit the public at large, but also report the same in order to create more awareness. Social performance reporting would thus motivate all the companies to expand from within and reach out to the society as a whole. However, there exists a problem of its reporting. "How to measure" and "What to report" are another two questions to be answered upon. This paper attempts to clarify what social accounting is all about- mainly focusing on the reporting practices and measurement of the few randomly selected index based Indian and Australian companies.

The objective of this study is to measure the quantity and quality aspects of voluntary social performance disclosures in the various reports of the few randomly selected index based Indian and Australian companies. The result may serve a base or the path towards better social performance disclosures.


Keywords


Corporate Social Responsibility (CSR), Sustainability, Social Accounting, Social Performance, Social Reporting, Global Reporting Initiatives (GRI).

References