Social and Economic Implications of Increasing Income Inequality: Accountability Concerns

  • Sue RavenscroftEmail author
  • Christine A. Denison
Part of the Advances in Business Ethics Research book series (ABER, volume 4)


Any discussion of CSR extends beyond the concept of accounting for productive capacity and operations to the broader notion of accountability. That notion includes looking at how social resources are allocated. Accountants should assume greater responsibility to help the public understand the implications of corporate behavior, especially in relation to a major social pattern, income inequality, which has created significant social problems. We look at how income distribution patterns have changed since the Great Depression and the reasons for those changes, one of which is a shift in government policies towards neoliberalism. We then suggest information that we believe should be required in corporate reports in order to help the public understand whether and how corporate behavior contributes to increased income inequality.


Corporate Social Responsibility Gross Domestic Product Income Inequality Executive Compensation Transfer Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Department of AccountingIowa State UniversityAmesUSA

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