회계에서 사회적 책임활동에 관한 연구

The global challenges associated with a corporation are multifaceted, involving economic, social, and environmental concerns. A firms’ corporate social responsibility (CSR) initiatives can be explained using various motivational bases and by applying myriad theoretical perspectives. CSR is now considered an integral part of corporate strategy. In general, many scholars define CSR as firms’ efforts to go beyond law requirements by voluntarily engaging in actions that benefit society rather than only the firm. This implies incorporating economic, legal, ethical, and philanthropic responsibilities into corporate decision making. The reporting of CSR activities is becoming more prevalent with a growing interest in CSR and investors, customers, and other stakeholders demanding greater transparency about all the aspects of a firm’s business. As the importance placed by stakeholders on socially responsible behavior has increased, the attitude toward CSR has changed dramatically over the last few decades. A significant body of literature across business research disciplines examines the type of firms that engage in CSR and the way CSR shapes firm decisions and outcomes. However, despite the rising prominence of research on CSR in accounting, there is no current broad review of CSR research published in any of the preeminent accounting journals to the best of our knowledge. This paper reviews the literature on CSR published in 11 top accounting journals and The Korean management review over the last 10 years. This paper is a review of three parts: (1) the relationship between CSR and financial performance and firm value; (2) consequences of CSR; and (3) the role of CSR disclosure. I summarize the literature on accounting focusing on these areas and review the approach of the researchers with regard to specific issues. Within each area, I present suggestions for future research.