Research On Social Responsibility Budgetary Control Of H Electric Power Company

With the increasing importance of social responsibility,people from all walks of life begin to pay high attention to this theme.In order to achieve the goal of sustainable development,companies also pay more attention to the fulfillment of social responsibility.Consequently,production cost is no longer the only component of the companies' product cost.Companies also need to bear the corresponding social responsibility and pay a certain cost of social responsibility in the process of operation.Recently,the Global Reporting Initiative(GRI)has continuously updated some guiding principles,e.g.,sustainability development report and social responsibility standard "SA8000".In particular,the Ministry of Finance published "The enterprise internal control application guidelines NO.4-social responsibility" in 2010,aiming to standardize domestic safety in production,quality of service(or service),environmental protection,saving resources,promoting employment and employees' rights,and how to enable companies to fulfill their social responsibilities.In view of these activities,it is of far-reaching significance to study social responsibility budget control and analyze how to use budget control and economic methods to efficiently implement social responsibility.Specifically,the purpose of this study is to design a practical social responsibility budget control system.This system is able to help enterprises accurately calculate the cost spend on social responsibility,as well as its specific implementation and assessment.Therefore,this system not only can guarantee the implementation of social responsibility but also can optimize companies' budget control.In the beginning,this paper makes a comprehensive review of the relevant research at home and abroad and defines the connotation of social responsibility budget control.Putting forward the analysis framework of social responsibility budget control based on sustainable development,internal control and stakeholder theory.Next,the social responsibility of the budget in the company,s internal control information is collected.Sufficient firsthand materials are obtained through methods of questionnaire.These materials are helpful for us to understand companies' society responsibility budget control.In particular,after analyzing the materials of H electric power company,we find out the difficulties for a company to construct and implement social responsibility.Finally,based on the theoretical basis and those difficulties,we build a social responsibility budget control system with considerations of budgeting,budget implementation and budget evaluation.After that,we fully consider the specific conditions of the electric power company H and propose appropriate solutions to its social responsibility budget control.Since it is still in the initial phase to construct social responsibility budget control system and this paper only conducts preliminary research without involving deeper details,further specific investigations are needed and will draw more attentions to researchers.