Corporate Social Awareness and Financial Outcomes / Edition 1

by Ahmed Riahi-Belkaoui

Overview

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.

Product Details

ISBN-13:	9781567202434
Publisher:	Bloomsbury Academic
Publication date:	03/30/1999
Edition description:	New Edition
Pages:	208
Product dimensions:	6.14(w) x 9.21(h) x 0.50(d)
Lexile:	1540L (what's this?)

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)./e Riahi-Belkaoui is also a member of the editorial board of several professional jourbanals and is the author of 24 previous Quorum books and co-author of 3 more.

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

Editorial Reviews

As Chairman of the Cultural Studies and Accounting Research Committee of the American Accounting Association, Riahi- Belkaoui (accounting, U. of Illinois-Chicago) details the issues central to the concept of social cost in socio-economic accounting with air pollution serving as an example. The author discusses and graphically depicts financial outcomes of corporate effectiveness impacting: CEO compensation, asset management performance, information disclosure decisions, user and market reactions to such disclosures, and the effects of regulatory costs and level of exposure to environmental risk on the extent of environmental disclosure. Annotation c. Book News, Inc., Portland, OR (booknew.com)

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