Social and Environmental Accounting for Creating Shared Value

2022 Fiscal Year Final Research Report

• Project/Area Number: 19K02006
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Review Section: Basic Section 07100:Accounting-related
• Research Institution: Kwansei Gakuin University
• Principal Investigator: Saka Chika 関西学院大学, 商学部, 教授 (10309403)
• Co-Investigator(Kenkyū-buntansha): 地道 正行 関西学院大学, 商学部, 教授 (60243200)
• Project Period (FY): 2019-04-01 – 2023-03-31
• Keywords: 社会環境会計 / 共有価値創造 / 探索的データ解析 / 会計ビッグデータ

Outline of Final Research Achievements

We conducted Exploratory Data Analysis (EDA) to reveal the profitability analysis, safety analysis, productivity analysis, value-added distribution, probability of tax avoidance, and the corporate ESG performance and corporate financial performance for all listed companies and unlisted companies (for which accounting data is available) worldwide. We demonstrated the situation of corporate value creation and its distribution to stakeholders and revealed the decreasing trend in the distribution ratio to employees, particularly among listed companies, based on time-serious analysis. Moreover, we were able to clarify the relationship between corporate ESG performance and their corporate financial performance and provide evidence towards environmental and social information disclosure. The effectiveness of our result was verified through statistical modeling and empirical analysis.

Free Research Field

会計学

Academic Significance and Societal Importance of the Research Achievements

新自由主義以降、会計（ディスクロージャーを含む）は、資本の富の増加に資するものとして機能し、結果として社会環境問題が生じた。そこで、近年基準開発が進むサステナビリティ開示が、経済社会のサステナビリティやステークホルダー資本主義に向けてどのような貢献ができるかについて、世界の企業の会計ビッグデータおよびESGレーティングデータを用いた探索的データ解析に基づき、次の3つの観点から論じた。①世界の企業の共有価値創造の実態と課題について明らかにする、②社会環境開示が企業の財務業績や企業価値に与える影響を解析する、③社会環境開示を含む会計情報がステークホルダー資本主義に向けて果たす役割と課題を検討する。