Journal of Innovation in Business and Economics
Vol. 3 No. 01 (2019): Journal of Innovation in Business and Economics

Efficacy of Social Accounting Practices on the Financial Performance: Evidence from Ethiopia

Uvaneswaran S M (Collage of Business and Economics, Wollo University, Dessie)
Tsega Zemen (Collage of Business and Economics, Wollo University, Dessie)
Seid Muhammed (Collage of Business and Economics, Wollo University, Dessie)



Article Info

Publish Date
31 May 2019

Abstract

This aims of this paper is to examine the effects of social accounting practices on the financial performance of business organizations in the city of  Dessie, South Wollo, Ethiopia. To fulfill this objective, a stratified-random sampling design was used, followed by proportional sampling techniques. The research data were obtained from primary and secondary sources and analyzed using multiple linear regression to understand the effect of corporate social responsibility accounting practices on financial performance. The results of the study indicated that report on social accounting was indeed necessary, however, there was no standard guideline followed when reporting except the Ethiopian commercial code and statement of socio-economic operations. Likewise, the observation during this research showed that an increase in corporate social responsibility scores would lead to an increase in the company's financial performance.

Copyrights © 2019






Journal Info

Abbrev

jibe

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal of Innovation in Business and Economics (JIBE) is published by the Department of Economics and Business at University of Muhammadiyah Malang in 2017. Previously this journal was known as Jurnal Media Ekonomi that was initially published in 2000. In 2011 until 2016, this journal was ...