SOCIAL ACCOUNTING QUALITY IMPLEMENTATION: A SOLID FOUNDATION FOR BUSINESS SUSTAINABILITY
DOI:
https://doi.org/10.14456/jirgs.2023.10Keywords:
Corporate Social Responsibility, Social Accounting, Business SustainabilityAbstract
Social accounting is the accounting discipline of providing information in corporate operations through financial reports in a variety of formats, all of which are designed to communicate social responsibility information to stakeholders gain knowledge about information that businesses voluntarily give to society and stakeholders with the business in order to create a good image for the business to benefit society and the environment for economic and social decision making. Entrepreneurs should prioritize social responsibility. In order to truly respond to societal expectations, particularly for companies listed on the Thai Stock Exchange. This is a business that requires a great deal of acceptance and faith from society, which will have an impact on the success of long-term goals. to improve sales, income, and financial standing Increasing business profits consistently. Growth in investment and market share in comparison to previous performance Creating a Competitive Advantage Developing positive connections with all stakeholders while adding company value via social and environmental responsibility. The quality of social accounting application is therefore like a tool to assist the firm function constantly and sustainably.
References
Adams, J., Audhya, T., McDonough-Means, S., Rubin, R., Quig, D., Geis, E., Gehn, E., Loresto, M., Mitchell, J., Atwood, S., Barnhouse, S., & Lee, W. (2011). Nutritional and metabolic status of children with autism vs. neurotypical children, and the association with autism severity. Nutr Metab (Lond), 8(1), 34.
Anas, A., Rashid, H., & Annuar, H. (2015). The effect of award on CSR disclosures in annual reports of Malaysian PLCs. Social Responsibility Journal, 11(4), 831-852.
Appelbaum, S., Wenger, R., Buitrago, C., & Kaur, R. (2016). The effects of old-age stereotypes on organizational productivity (part three). Industrial and Commercial Training, 48(6), 303-310.
Avery, G., & Bergsteiner, H. (2011). Sustainable leadership practices for enhancing business resilience and performance. Strategy & Leadership, 39(3), 5-15.
Baker, C., & Wallage, P. (2000). The Future of Financial Reporting in Europe: Its Role in Corporate Governance. The International Journal of Accounting, 35(2), 173-187.
Bevan, S., Isles, N., & Emery, P. (2004). Achieving high performance: CSR at the heart of business. London: Work Foundation.
Bouten, L., & Hoozée, S. (2015). Challenges in Sustainability and Integrated Reporting. Issues in Accounting Education, 30(4), 373-381.
Bush, K., Bailie, C., Chen, Y., Bowring, A., Wang, W., Ma, W., Leijtens, T., Moghadam, F., & McGehee, M. (2016). Thermal and Environmental Stability of Semi‐Transparent Perovskite Solar Cells for Tandems Enabled by a Solution‐Processed Nanoparticle Buffer Layer and Sputtered ITO Electrode. Advanced Materials, 28(20), 3937-3943.
Carey, F. (2020). Importance of Corporate Social Responsibility. Analysis of a Scientific Article on International Hotel Chains. Bayern: GRIN Verlag.
Chaiwong, K., Phornlaphatrachakorn, K., & Pratoom, K. (2019). Social Accounting Implementation and Firm Sustainability: Empirical Evidence form Listed Firms in Thailand. Journal of Management Science Chiangrai Rajabhat University, 14(1), 1-30.
Christ, K., & Burritt, R. (2013). Environmental Management Accounting: The Significance of Contingent Variables for Adoption. Journal of Cleaner Production, 41(1), 163-173.
Collier, J., & Esteban, R. (2007). Corporate Social Responsibility and Employee Commitment. Business Ethics the Environment & Responsibility, 16(1), 19-33.
Coombs, W., & Holladay, S. (2010). Managing Corporate Social Responsibility: A Communication Approach. New Jersey: Wiley-Blackwell.
Corder, K., Atkin, A., & Sluijs, E. (2014). A Systematic Literature Review with Meta-Analyses of Within- and Between-Day Differences in Objectively Measured Physical Activity in School-Aged Children. Sports Medicine, 44(10), 1427-1438.
Corporate Social Responsibility Institute. (2012). Sustainability Reporting. Bangkok: The Stock Exchange of Thailand.
Ditkaew, K. (2022). The Effect of Lean Accounting Implementation on Organizational Performance. International Journal of Asian Business and Information Management, 13(1), 1-18.
Ditkaew, K., & Santatiwongchai, T. (2022). Effect of Accounting Information Quality on Decision-Making Efficiency, Total Quality Management and Corporate Success in Automobile Manufacturing and Exporting Companies. Journal of Business Administration The Association of Private Education Institutions of Thailand, 11(2), 43-66.
Ertop, D. (2015). Business Ethics, Corporate Social Responsibility and Importance of Implementation of CSR at Corporations. International Journal of Contemporary Applied Sciences, 12(2), 37-61.
Flamholtz, E., Das, T., & Tsui, A. (1985). Toward an Integrative Framework of Organizational Control. Accounting, Organizations and Society, 10(1), 35-50.
Freeman, R. (1984). Strategic Management: A Stakeholder Approach. Boston: Pitman.
Freeman, R., & Dmytriyev, S. (2017). Corporate Social Responsibility and Stakeholder Theory: Learning From Each Other. SYMPHONYA Emerging Issues in Management, (1), 7-15.
Friedman, A., & Lev, B. (1974). A Surrogate Measure for the Firm's Investment in Human Resources. Journal of Accounting Research, 12(2), 235-250.
Gallhofer, S., Paisey, C., Roberts, C., & Tarbert, H. (2011). Preferences, Constraints and Work-Lifestyle Choices: The Case of Female Scottish Chartered Accountants. Accounting, Auditing & Accountability Journal, 24(4), 440-470.
Garcia, S., Magno, G., Amoroso, A., & Matos, V. (2019). A case study of leprosy from the Luís Lopes Collection. A paper presented at the V Jornadas de Paleopatologia, Coimbra, Portugal.
Gholami, S., Parvizi, M., TamriNeia, A., Nemati, S., Abgineh, M., & Emami, M. (2012). Social Responsibility Accounting: From Theory to Practice. Journal of Basic and Applied Scientific Research, 2(10), 10111-10117.
Golob, U., & Bartlett, J. (2007). Communicating About Corporate Social Responsibility: A Comparative Study of CSR Reporting in Australia and Slovenia. Public Relations Review, 33(1), 1-9.
Gray, R. (2002). The Social Accounting Project and Accounting Organizations and Society Privileging Engagement, Imaginings, New Accountings and Pragmatism Over Critique?. Accounting, Organizations and Society, 27(7), 687-708.
Gray, R., Adams, C., & Owen, D. (2014). Accountability, Social Responsibility and Sustainability: Accounting for Society and the Environment. Pennsylvania: Trans-Atlantic Publications, Inc.
Gray, R., & Gray, S. (2011). Accountability and Human Rights: A Tentative Exploration and A Commentary. Critical Perspectives on Accounting, 22(8), 781-789.
Islam, M., & Sarker, J. (2016). Human Resource Accounting: Practical Challenges in Recognition, Measurement, Accounting Treatment Procedure and a Possible Way Out. IOSR Journal of Business and Management, 18(9), 41-46.
Jansson, E. (2005). The Stakeholder Model: The Influence of the Ownership and Governance Structures. Journal of Business Ethics, 56(1), 1-13.
Jasch, C. (2003). The use of Environmental Management Accounting (EMA) for Identifying Environmental Costs. Journal of Cleaner Production, 11(6), 667-676.
Jones, S., Greenwood, R., Purdy, N., & McGuckian, E. (2017). Review of Current Primary Languages in Northern Ireland. Belfast: Stranmillis University College.
Kakabadse, N., Rozuel, C., & Lee-Davies, L. (2005). Corporate social responsibility and stakeholder approach: A conceptual review. International Journal of Business Governance and Ethics, 1(4), 277-302.
Kaplan, R., & Norton, D. (1996). Strategic Learning & The Balanced Scorecard. Strategy & Leadership, 24(5), 18-24.
Killian, S., & O'Regan, P. (2016). Social Accounting and the Co-Creation of Corporate Legitimacy. Accounting, Organizations and Society, 50, 1-12.
Kuasirikun, N. (2005). Attitudes to the Development and Implementation of Social and Environmental Accounting in Thailand. Critical Perspectives on Accounting, 16(8), 1035-1057.
Kuckertz, A., & Wagner, M. (2010). The Influence of Sustainability Orientation on Entrepreneurial Intentions Investigating the Role of Business Experience. Journal of Business Venturing, 25(5), 524-539.
Linnenluecke, M., & Griffiths, A. (2010). Corporate Sustainability and Organisational Culture. Journal of World Business, 45(4), 357-366.
Manetti, G. (2011). The Quality of Stakeholder Engagement in Sustainability Reporting: Empirical Evidence and Critical Points. Corporate Social Responsibility and Environmental Management, 18(2), 110-122.
Mokhtar, N., Husniyah, A., Sabri, M., & Talib, M. (2015). Financial Well-Being among Public Employees in Malaysia: A Preliminary Study. Asian Social Science, 11(18), 49-54.
Mutti, D., Yakovleva, N., Vazquez-Brust, D., & Marco, M. (2012). Corporate Social Responsibility in the Mining Industry: Perspectives from Stakeholder Groups in Argentina. Resources Policy, 37(2), 212-222.
Ntim, C., & Soobaroyen, T. (2013). Corporate Governance and Performance in Socially Responsible Corporations: New Empirical Insights from a Neo-Institutional Framework. Corporate Governance: An International Review, 21(5), 468-494.
Parmar, B., Freeman, R., Harrison, J., Purnell, A., & De Colle, S. (2010). Stakeholder Theory: The State of the Art. The Academy of Management Annals, 3(1), 403-445.
Phornlaphatrachakorn, K. (2020). Accounting Control System, Accounting Information Quality, Value Creation, and Firm Success: An Empirical Investigation of Auto Parts Businesses in Thailand. International Journal of Business, 25(2), 159-177.
Pianezzi, D., & Cinquini, L. (2016). Assessing the Validity of Accounting for Human Rights: A Pragmatic Constructivist Perspective. Qualitative Research in Accounting & Management, 13(3), 370-391.
Pondeville, S., Swaen, V., & Ronge, Y. (2013). Environmental Management Control Systems: The Role of Contextual and Strategic Factors. Management Accounting Research, 24(4), 317-332.
Porter, M., & Kramer, M. (2006). The Ling between Competitive Advantage and Corporate Social Responsibility. Harvard Business Review, 84(12), 78-79.
Puttikunsakon, P., Poonpool, N., & Wangcharoendate, S. (2022). The Effects of Strategic Accounting Information System on Balanced Scorecard Performance: An Empirical Investigation of Four and Five Star Hotel in Thailand. Journal of MCU Social Science Review, 11(4), 73-88.
Retolaza, J., & San-Jose, L. (2021). Understanding Social Accounting Based on Evidence. SAGE Open, 11(2), 1-14.
Ribeiro, V., & Aibar-Guzman, C. (2010). Determinants of Environmental Accounting Practices in Local Entities: Evidence from Portugal. Social Responsibility Journal, 6(3), 404-419.
Schaltegger, S., & Burritt, R. (2005). The International Yearbook of Environmental and Resource Economics. Cheltenham: Edward Elgar.
Schaltegger, S., Lüdeke-Freund, F., & Hansen, E. (2012). Business Cases for Sustainability: The Role of Business Model Innovation for Corporate Sustainability. International Journal of Innovation and Sustainable Development, 6(2), 95-119.
Smith, A., Stirling, A., & Berkhout, F. (2005). The Governance Of Sustainable Socio-Technical Transitions. Research Policy, 34(10), 1491-1510.
Stephenson, A. (2009). The Pursuit of CSR and Business Ethics Policies: Is it a Source of Competitive Advantage for Organizations. The Journal of American Academy of Business and Society, 14(2), 251-262.
Steurer, R., Langer, M., Konrad, A., & Martinuzzi, A. (2005). Corporations, Stakeholders and Sustainable Development I: A Theoretical Exploration of Business-Society Relations. Journal of Business Ethics, 61(3), 263-281.
Suttipun, M., & Nuttaphon, C. (2014). Corporate Social Responsibility Reporting on Websites in Thailand. Kasetsart Journal of Social Sciences, 35(3), 536-549.
Szekely, F., & Knirsch, M. (2005). Responsible Leadership and Corporate Social Responsibility: Metrics for Sustainable Performance. European Management Journal, 23(6), 628-647.
Taylor, M. (2011). The Ruggie Framework: Polycentric Regulation and the Implications for Corporate Social Responsibility. Nordic Journal of Applied Ethics, 5(1), 9-30.
Tengblad, S., & Ohlsson, C. (2010). The Framing of Corporate Social Responsibility and the Globalization of National Business Systems: A Longitudinal Case Study. Journal of Business Ethics, 93(4), 653-669.
Tilt, C. (2006). Linking Environmental Activity and Environmental Disclosure in an Organisational Change Framework. Journal of Accounting & Organizational Change, 2(1), 4-24.
Tsutsui, K., & Lim, A. (2015). Corporate Social Responsibility in a Globalizing World. Cambridge: Cambridge University Press.
Uyar, A., Kilic, M., & Bayyurt, N. (2013). Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies. Intangible Capital, 9(4), 1068-1112.
Vanclay, F. (2003). International Principles For Social Impact Assessment. Impact Assessment and Project Appraisal, 21(1), 5-12.
Weber, M. (2008). The Business Case for Corporate Social Responsibility: A Company - Level Measurement Approach for CSR. European Management Journal, 26(4), 247-261.
Wettstein, F. (2012). CSR and the Debate on Business and Human Rights: Bridging the Great Divide. Business Ethics Quarterly, 22(4), 739-770.
Yuruk, P., Akyol, A., & Simsek, G. (2017). Analyzing the Effects of Social Impacts of Events on Satisfaction and Loyalty. Tourism Management, 60, 367-378.

Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Authors

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.