Skip to main content

2021 | OriginalPaper | Buchkapitel

6. Value-Added Statement

verfasst von : Živko Bergant

Erschienen in: Accountancy and Social Responsibility

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

This chapter provides a brief history of value-added statement and its purpose. The typology of value-added statements is formulated regarding the standardization, the purpose and reporting. The surplus value-added statement as the most important outcome is proposed, comparing to the income statement. The surplus value-added statement shows its creation and distribution and takes into account the equality of stakeholders as an integral part of an integral reporting. Fundamentals of the value-added analysis are shown, together with operational and financial leverage. Starting points for economics of the organization, based on the surplus value added are proposed and some accounting ratios about surplus value added are offered as well.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Fußnoten
1
At the first glance, it would make sense for decision-makers with high accounting skills to make greater use of value-added information. Research in the US proves the opposite. The author sees the reason mainly because a high accounting knowledge is the result of a traditional study that assumes the firm’s profit orientation and does not take into account the company’s orientation toward sustainable development (Riah-Belkaoui 2010, p. 128).
 
2
The distrust of VAS information as a result of voluntary decisions by management companies is cited by Van Staden (2000, p. 9) and Donleavy (2015, p. 327).
 
3
Perera and Zicari (2012, p. 487) argue that the citing among researchers is very regionally limited.
 
4
The survey was conducted on the basis of data from Japanese companies that have survived 100 years and more.
 
5
This is consistent with the findings of many authors who demand a shift of organization’s goal from shareholder’s value to stakeholder value (e.g. Brennan 2008).
 
6
Such a model of financial leverage was discussed in Bergant (2017, pp. 76–91).
 
7
An in-depth and mathematically supported discussion of productivity in relation to value added can be found in the OECD Manual (2001) and Hulten (2009).
 
Literatur
Zurück zum Zitat Brennan, M. Niamh (2008). Corporate Governance, Accountability and Mechanisms of Accountability: Overview. Accounting, Auditing & Accountability Journal, Vol. 21, No. 7, pp. 885–906. CrossRef Brennan, M. Niamh (2008). Corporate Governance, Accountability and Mechanisms of Accountability: Overview. Accounting, Auditing & Accountability Journal, Vol. 21, No. 7, pp. 885–906. CrossRef
Zurück zum Zitat Coper D. J., Sherer M. J. (1984). The Value of Corporate Accounting Reports: Arguments for a Political Economy of Accounting. Accounting, Organizations and Society, No 3–4/1984, pp. 207−232. CrossRef Coper D. J., Sherer M. J. (1984). The Value of Corporate Accounting Reports: Arguments for a Political Economy of Accounting. Accounting, Organizations and Society, No 3–4/1984, pp. 207−232. CrossRef
Zurück zum Zitat Donleavy, D. Gabriel (2015). Usefulness Unfulfilled: A Performance Review of Value-Added Statements. International Journal of Critical Accounting No. 4/2015, pp. 315−334. CrossRef Donleavy, D. Gabriel (2015). Usefulness Unfulfilled: A Performance Review of Value-Added Statements. International Journal of Critical Accounting No. 4/2015, pp. 315−334. CrossRef
Zurück zum Zitat Friedman, Milton (1970). The Social Responsibility of Business Is to Increase Its Profits. New York Times, September 13, p. 33. Friedman, Milton (1970). The Social Responsibility of Business Is to Increase Its Profits. New York Times, September 13, p. 33.
Zurück zum Zitat Miller, B. W., Paul, Bahnson, R. Paul (2002). Quality Financial Reporting. New York: McGraw-Hill. Miller, B. W., Paul, Bahnson, R. Paul (2002). Quality Financial Reporting. New York: McGraw-Hill.
Zurück zum Zitat Morley, F. Michael (1979). The Value-Added Statement in Britain. The Accounting Review No. 3/1979, pp. 618–629. Morley, F. Michael (1979). The Value-Added Statement in Britain. The Accounting Review No. 3/1979, pp. 618–629.
Zurück zum Zitat Riahi-Belkaoui, Ahmed (2010). Wealth and Value Added: Reporting, Analysis, Prediction, and Taxation, April, 2020. Pridobljeno. Riahi-Belkaoui, Ahmed (2010). Wealth and Value Added: Reporting, Analysis, Prediction, and Taxation, April, 2020. Pridobljeno.
Zurück zum Zitat Reichmann, Thomas, Lange, Christoph (1981). The Value-Added Statement as Part of Corporate Social Reporting. Management International Review No 4/1981, p. 17–22. Reichmann, Thomas, Lange, Christoph (1981). The Value-Added Statement as Part of Corporate Social Reporting. Management International Review No 4/1981, p. 17–22.
Zurück zum Zitat Schaltegger, Stefan, Bennet, Martin, Burrit, Roger (2006). Sustainability Accounting and Reporting. Dordrecht: Springer. CrossRef Schaltegger, Stefan, Bennet, Martin, Burrit, Roger (2006). Sustainability Accounting and Reporting. Dordrecht: Springer. CrossRef
Zurück zum Zitat Suojanen, W. W. (1954). Accounting Theory and the Large Corporation. The Accounting Review, Julij, 1954, pp. 618−629. Suojanen, W. W. (1954). Accounting Theory and the Large Corporation. The Accounting Review, Julij, 1954, pp. 618−629.
Zurück zum Zitat Unilever Nigeria Plc (2018). Annual Report. (Retrieved: March, 2020). https://​www.​unilever-ewa.​com/​Images/​unilever-audited-financial-statements-ye-31-december—2018_tcm1283-535769_1_en.pdf. Unilever Nigeria Plc (2018). Annual Report. (Retrieved: March, 2020). https://​www.​unilever-ewa.​com/​Images/​unilever-audited-financial-statements-ye-31-december—2018_tcm1283-535769_1_en.pdf.
Metadaten
Titel
Value-Added Statement
verfasst von
Živko Bergant
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-77928-3_6