Quantifying Social Capital in Charity Accounting Bridging Intangible Value with Transparency

DOI

10.2991/978-94-6463-748-9_129How to use a DOI?

Keywords

Social Capital; Charity Accounting; Financial Reporting

Abstract

Social capital includes social networks, mutual trust, and normally shared norms. Social capital has been widely studied in disciplines such as sociology, economics, and accounting. Many scholars realize it plays a very important role in increasing the collaboration of individuals and enhancing organizational efficiency. Although much research has been conducted on social capital, a significant gap remains in charity accounting. Currently, there is no standardized approach to quantifying and reporting it. Existing accounting frameworks primarily emphasize financial data. But they mostly stop short at providing the less concrete, intangible aspects of social capital that concern community and trusting relationships; just those things that enable charities most effectively to accomplish their mission. This paper will attempt to fill this lacuna by designing a structured model for integrating social capital into financial reporting. This will provide a framework that gives rise to increased transparency, strengthens accountability, but more importantly, enables charities to articulate the value of their social contributions. It will also facilitate more effective stakeholder engagement and contribute to future policy and funding decisions.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jie Ren
PY  - 2025
DA  - 2025/07/03
TI  - Quantifying Social Capital in Charity Accounting Bridging Intangible Value with Transparency
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 1195
EP  - 1208
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_129
DO  - 10.2991/978-94-6463-748-9_129
ID  - Ren2025
ER  -