If Corporate Social Responsibility is to be more than lip service and change Corporate Behaviour then specific performance indicators need to be imbedded alongside financial ones.

Question

Quizplus · Accepted Answer

The statement suggests that specific performance indicators related to CSR need to be included alongside financial indicators. This entails a need for management accounting to play a more significant role in corporate governance by providing data on non-financial metrics such as environmental impact, social responsibility, and ethical performance. Therefore, the statement is true.

If Corporate Social Responsibility Is to Be More Than Lip