企业可持续发展的成本控制外文文献翻译1.docx

企业可持续发展的成本控制外文文献翻译1.docx

《企业可持续发展的成本控制外文文献翻译1.docx》由会员分享，可在线阅读，更多相关《企业可持续发展的成本控制外文文献翻译1.docx（13页珍藏版）》请在冰豆网上搜索。

文献信息：

文献标题：

Costcontrolforbusinesssustainability国外作者：

CornelGabrielNiţăa,PetruŞtefeaa

文献出处：

Procedia-SocialandBehavioralSciences发表日期：

2014年5月

字数统计：

英文2167单词，12692字符；中文3589汉字

原文网址：

外文文献：



Costcontrolforbusinesssustainability

Abstract Agoodreputationregardingsocialandenvironmentalresponsibilityhasbenefitssuchasattractingandretaininghigh-qualityemployees,reducingenvironmentalincidentsandimprovingemployeesafety.Healthimprovesproductivityandlowersoperatingcosts,enhancingtheemployee‘simagewithcustomersandwithsocially-consciousinvestorswithdirectimplicationonmarketvalueandincomes（Atkinson,Kaplan,Matsumura,Young,2012,pp:

33）.Asaresult,costaccountingandcostcontrolliteratureincreasinglydiscussesanddebatesuponbusinesssustainability.

Thevaluecontributionofthispapercomesfromacriticalreviewofcostcontrolfunctions,showingtheneedandopportunitytostepupasabusinesssustainabilitytool.Also,thepaperisdescribingthelinkbetweencostcontrolandbusinesssustainability.

Thearticlestopsattheconceptuallevel.Describingasuccessfultoolforbusinesssustainability,itneedsanempiricalresearchinordertoidentifyallofitssystemicaspects.Also,thispaperisopeningupafieldofempiricalresearchinmanagement.

Keywords:

Costcontrol,performance,valuecreation,businesssustainability

1.Introduction

Sustainabilityisgainingincreasingpublicattentionandattractinggreaterdebate.Also,duringthelastdecade,andespeciallyinthelastfewyears,companystakeholders‘expectationsareincludingmoreandmoresocialandenvironmentalaspects,whiletheprimarycompanytargetremainsfinancialperformance,whichisincreasinglyaffectedbysocialandenvironmentalperformance.Anumberofstudieshavebeencarriedoninthisdirection,measuringtheimpactofbusinesssustainabilityoverfinancialperformances（Eccles,loannou, &Serafeim,2012;Lee,Pati,&Roh,2011）.

Agoodreputationregardingsocialandenvironmentalresponsibilityhasmanybenefits,such asattractingand retaining high-quality employees, reducingenvironmentalincidentsandimprovingemployeesafetyandhealth,improvingproductivityandloweringoperatingcosts,enhancingacompany‘simageforitscustomersanditssociallyconsciousinvestors,withdirectimplicationonmarketvalueandincomes（Atkinson,Kaplan,Matsumura,Young,2012,pp:

33）.Asaresult,costaccountingandcostcontrolliteratureisincreasinglyincorporatingbusinesssustainabilitywithinitscontent.

Sustainabilityintermsofbusinessisabusinessstrategythatdriveslong-termcorporategrowthandprofitabilitybymandatingtheinclusionofenvironmentalandsocialissuesinthebusinessmodel（Berns,Townend,Khayat,Balagopal,Reeves,Hopkinsetal.,2009）.Businesssustainabilityperformanceshouldnottakeawayfromthefinancialone.Theyshouldgoalongtogether,becausebusinesssustainabilitydoesnotnecessarilymeanmorecosts,orlessincome.Rather,itmeansthat,inadditiontosettingcertainfinancialgoalstobereached,companiesshouldsetsocialandenvironmentalonesaswell.However,therearesituations where businesssustainabilityandfinancialperformanceinterferewitheachother,inwhichcaseacompanyhastochoosebetweenanon-sustainableprocessorresource,andanineffectiveone.

Businesssustainabilitycanbereachedbyintegratingsocialandenvironmentalgoalstoanexistingbusinessstrategy.Inaddition,wemaintainthatsomespecific

toolsareindispensabletoachievingbusinesssustainability.

Themainobjectiveofthisresearchistoreveal,ataconceptuallevel,thelinkbetweencostcontrolandbusinesssustainability,andalso,toshowhowthetoolofcostcontrolcanbeusedforbusinesssustainabilitythroughthealignmentofcompanyandcommunitygoals.

2.Costcontrolparticularities

Themainfunctionofcostcontrolistoidentifyandexplainvariancesintermsofcostsandrevenues.Horngren（Horngren,Datar,Rajan,2011）createdthisdiagnosticcontrolsystemwiththepurposeofmeasuringwhetherandhowwellacompanyisperformingcomparedtoitsexpectations.However,costcontrolhasmorefunctionsthanthis.Existingliteraturedescribesaseriesofparticularitiesofcostcontrol（Atkinson,Kaplan,Matsumura,Young,2012;Horngren,Datar,Rajan,2011）,suchasemployeemotivationandgoalcongruence,respectivelystrategyevaluation.

2.1.Wastereduction

Weusetheterm‗wastereduction‘referringtothedecreaseinunnecessaryconsumptionandtotheimprovementinefficiencyofthebusinessprocesses.Asitwasshownearlier,themainfunctionofcostcontrolistoidentifyandexplainvariancesintermsofcostsandrevenues,withthegoalofmaintaining