Volume 7, Issue 3, May 2019, Page: 50-55
The Relation Between Capital and Labor as a Basis for the Distribution of the Added Value
Zivko Bergant, College for Accounting and Finance, Ljubljana, Slovenia
Received: Mar. 26, 2019;       Accepted: Apr. 29, 2019;       Published: Aug. 29, 2019
DOI: 10.11648/j.ijsts.20190703.12      View  104      Downloads  36
The author discusses the basis of distributing the added value in the view of social responsibility. He finds the distribution of added value as a crucial challenge in following the principles of social responsibility. The study shows the considering of intellectual capital as a prerequisite for the distribution of the surplus added value according the social responsibility of the company. The findings significantly change and improve the understanding of social responsibility in the area of distribution and the structure of the added value in the company. The basic expression of social responsibility is the contribution to the welfare of the whole society. This contribution should be understand in its broadest sense. The main starting point for distribution of added value is stakeholders' contribution to managing the business risk. The author developed a new category surplus value added by subtraction of minimal wages and opportunity cost of equity. On this basis the author proposes a new statement of surplus added value, compared with actual accounting profit and loss statement. Statement of surplus added value should become the basis expression of social responsibility of the company and its orientation to sustainable development.
Social Responsibility, Added Value Law, Distribution of Added Value, Value Added Statement, Stakeholders
To cite this article
Zivko Bergant, The Relation Between Capital and Labor as a Basis for the Distribution of the Added Value, International Journal of Science, Technology and Society. Vol. 7, No. 3, 2019, pp. 50-55. doi: 10.11648/j.ijsts.20190703.12
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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