The value of ethics

Article Abstract:

The financial benefits from non-financial reporting or triple bottom line reporting by business enterprises are discussed. A survey on socially responsible investments or ethical funds conducted by University of Sydney shows that though these companies were under performers in short and medium term, in the long run they performed quite well.

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Conscious of conscience

Article Abstract:

Investors are now showing greater concern on social and environmental aspects of the businesses than they did earlier. The recent spate of financial scandals in the corporate sector has also brought the focus on to corporate governance. Accordingly listed companies are now reporting on these aspects.

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Get a grip on new standards

Article Abstract:

The implications of the international accounting standards for the investors are discussed. The Australian auditors and chief financial officers have started reporting according to International Financial Reporting Standards.

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