The State of Value-Added Statement in India: An Empirical Inquest

The IUP Journal of Accounting Research & Audit Practices, Vol. XV, No. 2, pp. 7-22, April 2016

Posted: 19 Sep 2016

See all articles by Dr. Sumit Kumar Maji

Dr. Sumit Kumar Maji

University of Burdwan - Department of Commerce

Date Written: April 17, 2016

Abstract

Organizational legitimacy, social contract and political cost theory are perhaps the most important reasons for social disclosure. Value-added statement in this direction can be considered as one of the most important instruments of social disclosure. In the present study, a modest attempt has been made to shed some light on the existing status of value-added reporting via value-added statement in India and to propose suggestions to improve the quality of information disclosed through value-added statement so that it can become much more useful, informative and effective. For attaining the objectives, content analysis of the annual reports of the select 50 companies of India was conducted for the period 2008-09 to 2013-14. The analysis revealed that value-added reporting in the annual reports is not at all popular amongst the blue chip Indian companies.

Suggested Citation

Maji, Dr. Sumit Kumar, The State of Value-Added Statement in India: An Empirical Inquest (April 17, 2016). The IUP Journal of Accounting Research & Audit Practices, Vol. XV, No. 2, pp. 7-22, April 2016, Available at SSRN: https://ssrn.com/abstract=2840095

Dr. Sumit Kumar Maji (Contact Author)

University of Burdwan - Department of Commerce ( email )

Department of Commerce
Burdwan-713104
Burdwan, IN West Bengal 713104
India
+919475939809 (Phone)

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