Dynamics of social auditing in corporate enterprises: a study of the Indian corporate sector

Abstract

Argues that social auditing has a key importance as there is a growing awareness among corporate sector enterprises that every such enterprise should contribute towards social goals. Attempts to assess the social performance of a corporate enterprise (Steel Authority of India Limited) in terms of costs incurred by the enterprise considered against the benefits to the recipients. There is need to have regular audit of the social accounts on the basis of which the comparative social performance of the corporate sector can be studied. The concept of social audit should be extended to the activities relating to the employees, the environment, the society and the products. There is need to develop a useful social reporting framework to ensure the effectiveness of the social audit programme in the corporate sector which in turn can contribute positively to society at large.

Citation

Batra, G.S. (1996), "Dynamics of social auditing in corporate enterprises: a study of the Indian corporate sector", Managerial Auditing Journal, Vol. 11 No. 2, pp. 36-45. https://doi.org/10.1108/02686909610107960