Social responsibility accounting, sustainability accounting and Islam(Ph.D. Thesis)

Since the 1980s the reduction in people's socio-economic welfare has grown to a level that threatens the sustainability of humans on the planet. This study evaluates the position of accounting in response to these problems. During the 1960's and 1970's, local and regional environmental damage coupled with injustice and discrimination significantly reduced the public's welfare. Since then, more global sustainability issues such as the greenhouse effect, global warming, ozone layer erosion, acid rains, and species annihilation have surpassed the social responsibility accounting issues of previous decades. This thesis employs a cause-effect-analysis perspective to address these problems. To formulate a system of accounting for the welfare reducing and sustainability threatening issues, the underlying philosophical foundations/factors that rationalize and justify the undesirable activities of corporations are investigated. The Western capitalist system is critically analyzed in conjunctio