Risk and Its Social Aspect

Živko Bergant ()
Additional contact information
Živko Bergant: College for Accountancy and Finance

Chapter Chapter 4 in Accountancy and Social Responsibility, 2021, pp 49-62 from Palgrave Macmillan

Abstract: Abstract In this is very important chapter, the risk and its social aspect are discussed. It stems from existence as the source of human needs and thus also the right to work. Human work in a broader sense creates the value added that means an increase of welfare of people and presents also a source of reserves for risk management. At the same time, value added is main long-term information. It is a prerequisite for company’s long-term survival. Its information content is compared to profit as better measure of companies’ performance. A broader understanding (not only from accounting point of view) of the value added is present and explained. Some advantages and disadvantages of the value added are explained.

Keywords: Risk; Value added; Value-added law; Value-added information (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-77928-3_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030779283

DOI: 10.1007/978-3-030-77928-3_4

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().