Executive Summary

This report provides an analysis and evaluation of Triple Bottom Line (TBL) accounting. Many corporations adopt and follow the novel term, along with the public increasing public concern of social and environmental performances.

The research pays attention to the arguments for and against the TBL accounting in corporate accounting reporting. Many companies concur with the significance of concept to reinforce their business, yet others hold the view that TBL is accompanied by diverse debates.

The findings of this review show that TBL accounting:

• Refers to a good tool of the measurement of accountability and transparency

• Provides a beneficial opportunity to obtain the value of a corporate name and the market share in completion

• Contributes to the reduction of production cost and the conservation of environment through making use of resources efficiently

• Improves corporate management and employee productivity due to the measurement of accountability and transparency

• Impacts on a core competency of business and a social situation

• Adjusts a methodology to measure social and environmental performances

TBL accounting with economic, social, environmental activities has been some negative thus far. However, the arguments against TBL accounting, which are related to core competency, poor societies and measure standard, are still doubtful and cannot address a strong persuasive in opposition to its efficiency.

A Table of Contents

Introduction ……………………………………………………………………………………………………........1

1. A review of the Literature ……………………………………………….……………………………….1

2. The Claims of Proponents…….………………………………………….………..……………………..3 2.1 The improvement of Reputation………………………………………………....………..…….……….3

2.2 The Reduction of Cost of