Social Accounting for Corporate Managers

Cover Social Accounting for Corporate Managers
Social Accounting for Corporate Managers
James S Shulman
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) rather than through rating and comparison.
The CEP keeps files on the activities of a number of large firms based upon assessment of areas of need for responsibility for each firm. Broadly speaking, these include military work, consumer protection, pollution, and other socially-oriented issues. These files are then either merged for a breakdown on activities in a given social area or by the range of all activities by corporations. CEP views itself as a sort of social Dun and Bradstreet, with
...regular reports to subscribers. X» Shortcomings Both of these approaches are interesting, hut fall far short of corporate external and internal needs. Perhaps the greatest weakness of both approaches is the manner in which the areas of focus are chosen. There is no attempt at a logical breakdown of the environment but rather a haphazard choice based upon currently perceived problems. When a new issue is in vogue, there must be a basic modification of the analysis.
The most obvious flaw in the Stanford study is the need to quantify interpretations of performance in the areas of concern.


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