This book challenges the assumptions on which the current practice of financial reporting is based. Flower uses the stakeholder theory of the firm to show that companies have a responsibility to achieve distributive justice, and the company’s accounts could play an important role in fulfilling this responsibility.
View all Finance & Accounting Featured Books articles.
It argues that the decisions which need to be made regarding the allocation of the scarce resources produced by the business community should be based on justice and equality, rather than the traditional capitalist paradigm. It explains in non-technical terms the principle philosophical theories of justice and argues that a firm has a moral responsibility to seek distributive justice in its dealings with its shareholders, employees, suppliers, customers, and other people with whom it has dealings, who are considered to be the firm’s stakeholders.
Series: Routledge Studies in Accounting
Accounting and Distributive Justice challenges the basic assumptions on which the current practice of financial reporting is based. It argues that the objective of financial reporting should be to contribute to the achievement of distributive justice and not the optimal allocation of resources as...
Published May 4th 2010 by Routledge
