Social Accounting for Sustainability: Monetizing the Social Value (SpringerBriefs in Business)

This book deals with the limitations of economic and financial accounting as an appropriate instrument to reflect the real value created or destroyed by an organization. The authors present a sustainable social accounting approach that considers both the social and economic value – Blended Value – generated by an organization for all of its stakeholders. This approach is based on four major theories – Stakeholder Theory, Action Research, Phenomenological Perspective and Fuzzy Logic – and was developed on the basis of a cost-benefit analysis. Front Matter....Pages i-viii Introduction....Pages 1-3 Background: Social Role of Companies and Success Indicators....Pages 5-10 Main Problem in Displaying the Social Value Generated by Organizations....Pages 11-13 Methodological Proposals....Pages 15-26 Literature Review: Previous Methodologies....Pages 27-35 Polyhedral Model: Social Value Model for Stakeholders....Pages 37-51 Process Model Analysis and Calculation: Spoly....Pages 53-67 Conclusions....Pages 69-71 Back Matter....Pages 73-75