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Open AccessArticle

An Internal Control System that Includes Corporate Social Responsibility for Social Sustainability in the New Era

Department of Accounting, Chinese Culture University, 55, Hwa-Kang Road, Yang-Ming-Shan, Taipei 11114, Taiwan
Sustainability 2018, 10(10), 3382; https://doi.org/10.3390/su10103382
Received: 11 September 2018 / Revised: 18 September 2018 / Accepted: 19 September 2018 / Published: 21 September 2018
(This article belongs to the Special Issue Modelling and Analysis of Sustainability Related Issues in New Era)
Although the importance of corporate social responsibility has received more attention over the years, the goal of social sustainability has still not been achieved. The main reason is that companies seeking to implement social sustainability, have failed to incorporate the concept of corporate social responsibility into their corporate internal control objectives. Furthermore, studying the interactive relationship between corporate social responsibility and internal control and ensuring the consistency of corporate strategy and internal control objectives are done to help promote the sustainable development of enterprises. In order to promote social sustainability and improve management decision-making gaps, therefore, the purpose of this paper is to develop a new hybrid multi-attribute decision model to assess the impact of corporate social responsibility for the implementation of internal control that includes corporate social responsibility. The empirical results show that a social responsibility-oriented internal control system may be a better strategy than maintaining the original internal control objectives. In addition, by adjusting the internal control system to jointly promote the sustainable development goals of the company and ensure the consistency of corporate strategy and internal control objectives, the company can be truly guided to implement the social responsibility management objectives. Finally, the social sustainable development goals can be truly realized, and the interests of all stakeholders in the enterprise can be truly satisfied. View Full-Text
Keywords: sustainability performance; corporate social responsibility (CSR); internal control; multi-attribute decision model (MADM); decision making trial and evaluation laboratory (DEMATEL); DANP (DEMATEL based ANP); VIKOR sustainability performance; corporate social responsibility (CSR); internal control; multi-attribute decision model (MADM); decision making trial and evaluation laboratory (DEMATEL); DANP (DEMATEL based ANP); VIKOR
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Liu, J.-Y. An Internal Control System that Includes Corporate Social Responsibility for Social Sustainability in the New Era. Sustainability 2018, 10, 3382.

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