Description

• Title:
  Environmental Assets and Expenses Accounting as an Indicator of Social Responsibility in Spanish Energy Companies on the IBEX 35
• Creator:
  Muñoz Prieto, Maripaz
• Description:
  Purpose: The aim is to prove that traditional accounting does not havethe ability to report, in a clear and reliable way, through its financialstatements, the environmental activities performed by the companies,hindering their commitment to corporate social responsibility.Design / methodology / approach: This is a qualitative and quantitativestudy, of a documentary design, of a descriptive type, using the bibliographicreview of primary sources and the financial analysis of the annualaccounts and management reports of energy companies in a period of 10years.Findings: Accounting, which gathers the records of economic and socialissues, cannot neglect current environmental problems. Companiesshould seek solutions to improve collection and presentation of environmentalinformation in their financial statements, helping to minimize theenvironmental impacts caused by their production systems and becomesocially responsible companies. Current accounting systems are not ableto reflect the environmental reality of companies, and therefore cannot beused for decision–making in the environmental field.Originality / value: The study shows that the analysed energy companiesdo not devote enough effort to the environment or their accountingsystems do not sufficiently inform about taken actions. Nevertheless, a positive trend in their investments and expenditures on the environmentmanifesting their commitment to social responsibility is observed.Paper type: Article.
• Object availability:
  free access
• Rights:
  Prawa autorskie (c) 2021 Journal of Corporate Responsibility and Leadership
• Date:
  2021.01.10
• Type:
  info:eu-repo/semantics/article;
  info:eu-repo/semantics/publishedVersion;
  Recenzowany artykuł
• Language:
  English
• Source:
  Journal of Corporate Responsibility and Leadership; Vol. 6 No. 2 (2019): The Case Studies in Corporate Social Responsibility; 49-71;
  Journal of Corporate Responsibility and Leadership; Tom 6 Nr 2 (2019): The Case Studies in Corporate Social Responsibility; 49-71;
  2392-2699;
  2392-2680
• Format:
  application/pdf
• Publisher:
  Nicolaus Copernicus University in Toruń
• Relation: https://apcz.umk.pl/JCRL/article/view/JCRL.2019.007/28398
• Subject:
  Environmental assets;
  environmental expenses;
  environmental accounting;
  corporate social responsibility;
  energy companies.
• Identifier: https://apcz.umk.pl/JCRL/article/view/JCRL.2019.007
• Data provider:
  Akademicka Platforma Czasopism
• Can I use it?:
  seek permission
• Type:
  other