The Business Going Concern: Financial Return and Social Expectations

Francesco Manni; Alessio Faccia

doi:10.1007/978-3-030-32922-8_20

The Business Going Concern: Financial Return and Social Expectations

Francesco Manni, Alessio Faccia

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

The present work aims to analyze the corporate social responsibility from a new perspective, observing the link between a progression of business and the distribution of risks between different expectations. The study of the relationships between uncertainty, risk and corporate persistence represents an opportunity to think about the rising concern of the companies, considering both the need for financial returns and human–environmental expectations. Starting from the study of economic–business culture, this paper deals with uncertainty and risk as distinct concepts, analyzing the meaning of “common risk”. Subsequently, the cornerstones of the economic order of the company are pointedly displayed, while also highlighting the relation to the request for sustainable human and environmental development. These areas of analysis are intertwined with the issues that arise from the practice of corporate social responsibility (CSR) and the search for coherent structured tools for fair disclosure. Social balance can be viewed as one of the principal mechanisms designed to improve the structured external information system. This is a formalized tool that is principally designed to focus our attention on the analysis concerning the production/distribution of value. These surveys allow finding the value system based on the ongoing progression of the company and, consequently, the distribution of risks between different expectations. The research was conducted by using an unstructured approach, classified as qualitative. The authors find out that the continued development of a business is undermined by the economic–financial sustainability of the human and environmental framework that characterize the production. The shortcomings of a big company turn into a crisis of a community and this calls into question the role that the Government intends to play in the human and environmental fields, also considering the constraints deriving from supranational agreements.

Original language	English
Title of host publication	Sustainable Development and Social Responsibility—Volume 1
Subtitle of host publication	Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018
Editors	Miroslav Mateev, Jennifer Nightingale
Place of Publication	Cham
Publisher	Springer Nature
Pages	201-213
Number of pages	13
Volume	1
ISBN (Electronic)	978-3-030-32922-8
ISBN (Print)	978-3-030-32921-1
DOIs	https://doi.org/10.1007/978-3-030-32922-8_20
Publication status	Published - 2020
Externally published	Yes
Event	2nd American University in the Emirates International Research Conference - Dubai, United Arab Emirates Duration: 13 Nov 2018 → 13 Nov 2018 Conference number: 2

Publication series

Name	Advances in Science, Technology and Innovation
ISSN (Print)	2522-8714
ISSN (Electronic)	2522-8722

Conference

Conference	2nd American University in the Emirates International Research Conference
Abbreviated title	AUEIRC'18
Country/Territory	United Arab Emirates
City	Dubai
Period	13/11/18 → 13/11/18

Keywords

Corporate social responsibility
Financial return
Going concern
Risk and uncertainty
Social expectations

ASJC Scopus subject areas

Architecture
Renewable Energy, Sustainability and the Environment
Environmental Chemistry

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007/978-3-030-32922-8_20

Cite this

Manni, F., & Faccia, A. (2020). The Business Going Concern: Financial Return and Social Expectations. In M. Mateev, & J. Nightingale (Eds.), Sustainable Development and Social Responsibility—Volume 1: Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018 (Vol. 1, pp. 201-213). (Advances in Science, Technology and Innovation). Springer Nature. https://doi.org/10.1007/978-3-030-32922-8_20

The Business Going Concern : Financial Return and Social Expectations. / Manni, Francesco; Faccia, Alessio.

Sustainable Development and Social Responsibility—Volume 1: Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018. ed. / Miroslav Mateev; Jennifer Nightingale. Vol. 1 Cham : Springer Nature, 2020. p. 201-213 (Advances in Science, Technology and Innovation).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Manni, F & Faccia, A 2020, The Business Going Concern: Financial Return and Social Expectations. in M Mateev & J Nightingale (eds), Sustainable Development and Social Responsibility—Volume 1: Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018. vol. 1, Advances in Science, Technology and Innovation, Springer Nature, Cham, pp. 201-213, 2nd American University in the Emirates International Research Conference, Dubai, United Arab Emirates, 13/11/18. https://doi.org/10.1007/978-3-030-32922-8_20

Manni F, Faccia A. The Business Going Concern: Financial Return and Social Expectations. In Mateev M, Nightingale J, editors, Sustainable Development and Social Responsibility—Volume 1: Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018. Vol. 1. Cham: Springer Nature. 2020. p. 201-213. (Advances in Science, Technology and Innovation). https://doi.org/10.1007/978-3-030-32922-8_20

Manni, Francesco ; Faccia, Alessio. / The Business Going Concern : Financial Return and Social Expectations. Sustainable Development and Social Responsibility—Volume 1: Proceedings of the 2nd American University in the Emirates International Research Conference, AUEIRC'18 – Dubai, UAE 2018. editor / Miroslav Mateev ; Jennifer Nightingale. Vol. 1 Cham : Springer Nature, 2020. pp. 201-213 (Advances in Science, Technology and Innovation).

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The Business Going Concern: Financial Return and Social Expectations

Abstract

Publication series

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

Access to Document

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