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Social Responsibility and Business Excellence

( Vol-8,Issue-1,January 2021 ) OPEN ACCESS
Author(s):

Živko Bergant

Keywords:

Business excellence, social responsibility, value added, sustainable development, statement of value added.

Abstract:

The article places social responsibility and business excellence into a comprehensive value-added management model which is focused on sustainable development. The author presents the original idea of the value added law and justifies the surplus of added value as a new category and source of participation of all stakeholders in the company. In accordance with this, the statement of surplus added value is presented as a new financial statement, which is the basis for analyzing and planning the performance of the company's operations in accordance with the principles of value added economics. The author therefore emphasizes the need for a comprehensive approach to corporate social responsibility. An important part of social responsibility is the excellence in the business of the organizations.

Article Info:

Received: 01 Nov 2020; Received in revised form: 25 Dec 2020; Accepted: 07 Jan 2021; Available online: 16 Jan 2021

ijaers doi crossref DOI:

10.22161/ijaers.81.11

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