Anisoara Niculina Apetri

The Role of Social and Environmental Information in Assessing the Overall Performance of the Enterprise

The entities, that relate increasingly more to the concept of sustainable development and who engage in sustainable development actions, communicate and transmit to markets a more transparent image, through the use of extra-financial information, but without forgetting their economic role, fixing the ethical rules and applying operating principles that take into account the interests of all partners. In terms of performance of an enterprise, it can not only appreciate from the financial perspective, as necessary the use of extra-accounting information, especially those environmental and social. The objective of this paper is to present on the one hand, the annual reports types that may be published by economic entities, with respect to their social and environmental impacts, on the other hand to show that, increasing the performance of organizations involves combining a sustainable strategy that does not neglect any moment the purposes of all the stakeholders and above all to respect social and environmental principles. To respond to new information needs created as a result of the awareness of the economic entities responsibility towards stakeholders, in the theory and practice of financial reporting appeared reporting models that are based on stakeholder requirements, for ethical corporate information, environmental and social information.