Socially Responsible Finance and Accounting

Abstract

Every organization must back up their socially responsible activities with a sound financial and accounting system by planning the need allocation and spending of funds as well as measuring interpreting and communicating the impacts of such activities. Grounding CSR in organizations can be accomplished by taking a socially responsible perspective at finance and accounting too. In the literature however the link between CSR and these business functions has been often reduced to the impact of CSR on financial performance. Although this research track has uncovered interesting and sometimes contradictory findings CSR can be linked with finance and accounting in many ways. The purpose of this chapter is to provide these diverse issues such as financing CSR and budgetary problems socially responsible investment and measuring and monitoring CSR and communicating and reporting CSR. © 2022 Elsevier B.V. All rights reserved.