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https://www.um.edu.mt/library/oar/handle/123456789/32319
Title: | Financial crisis and accounting information : the need for corporate social responsibility in accounting profession |
Authors: | Achim, Monica Violeta Borlea, Nicolae Sorin Breban, Ludovica |
Keywords: | Social responsibility of business Financial crises Business enterprises -- Finance Accounting -- Standards Financial statements -- Standards Business ethics |
Issue Date: | 2010 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | Achim, M. V., Borlea, N. S., & Breban, L. (2010). Financial crisis and accounting information : the need for corporate social responsibility in accounting profession. European Research Studies Journal, 13(3), 39-62. |
Abstract: | This paper wants to draw attention on several aspects regarding the causes that led to the emergence of 21st century economic crisis, pointing their implications in the balance of economic-financial mechanisms. In history, on the occasion of economic and/or financial crisis, among their causes there are mentioned causes related to managers’ irresponsible actions, managers who, together with accounting professionals, chose to alter accounting data in order to create a more appealing image on the market of the company’s financial status. We will underline the role of accounting in system of a more efficient, socially responsible corporatist governing, capable of recreating economic-financial balances and of regaining the confidence of the population in economic values, as well as the role of accounting in “faithfully” reflecting these values. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/32319 |
Appears in Collections: | European Research Studies Journal, Volume 13, Issue 3 |
Files in This Item:
File | Description | Size | Format | |
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ERSJ,_13(3)_-_A2.pdf | 374.25 kB | Adobe PDF | View/Open |
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