Lack of social accounting in the business community


  • Absence of corporate social responsibility (CSR)

Nature

Company's success or failure is judged according to its ability to make a profit. The method of calculation does not include information related to all the economic, human and social aspects of a business community. This kind of social accounting takes into account internal environment in a company, worker motivation, utilization of world's resources, pollution, product properties and the company's relationship to the outside world.


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