Social Responsibility and Business Excellence

Abstract

The article places social responsibility and business excellence into a comprehensive value-added management model which is focused on sustainable development. The author presents the original idea of the value added law and justifies the surplus of added value as a new category and source of participation of all stakeholders in the company. In accordance with this, the statement of surplus added value is presented as a new financial statement, which is the basis for analyzing and planning the performance of the company's operations in accordance with the principles of value added economics. The author therefore emphasizes the need for a comprehensive approach to corporate social responsibility. An important part of social responsibility is the excellence in the business of the organizations.