The Business Going Concern: Financial
Return and Social Expectations
Francesco Manni and Alessio Faccia
Abstract
The present work aims to analyze the corporate social
responsibility from a new perspective, observing the link
between a progression of business and the distribution of
risks between different expectations. The study of the
relationships between uncertainty, risk and corporate
persistence represents an opportunity to think about the
rising concern of the companies, considering both the
need for financial returns and human–environmental
expectations. Starting from the study of economic–
business culture, this paper deals with uncertainty and
risk as distinct concepts, analyzing the meaning of
“common risk”. Subsequently, the cornerstones of the
economic order of the company are pointedly displayed,
while also highlighting the relation to the request for
sustainable human and environmental development.
These areas of analysis are intertwined with the issues
that arise from the practice of corporate social responsibility (CSR) and the search for coherent structured tools
for fair disclosure. Social balance can be viewed as one of
the principal mechanisms designed to improve the
structured external information system. This is a formalized tool that is principally designed to focus our attention
on the analysis concerning the production/distribution of
value. These surveys allow finding the value system
based on the ongoing progression of the company and,
consequently, the distribution of risks between different
expectations. The research was conducted by using an
unstructured approach, classified as qualitative. The
authors find out that the continued development of a
business is undermined by the economic–financial
sustainability of the human and environmental framework
that characterize the production. The shortcomings of a
big company turn into a crisis of a community and this
calls into question the role that the Government intends to
play in the human and environmental fields, also considering the constraints deriving from supranational
agreements.
Keywords
Financial return Á Social expectations Á Risk and
uncertainty Á Corporate social responsibility Á
Going concern
1 Introduction
This research is conducted under the guidance of an economic–business perspective that, as is well known, considers
the conditions of existence and the living manifestations of
the companies (Zappa 1926) essential for the analysis.
This research paper, therefore, has its roots in Italian
doctrine, which contributes to the deepening of the study of
the economic administration of companies of all kinds,
operating in any economic order (Onida 1970).
The stimulus to the present work has been given by the
interest in the study of risk, an expression which commonly
indicates the likelihood of not realistically achieving what
was desired, despite the accuracy of human actions in the
setting and carrying out phase. More specifically, the
insights that will follow the relationship between uncertainty
and risk represent the opportunity to think over the development of the company. This aspect is linked both to the
need for economic functionality and the humanistic–environmental expectations.
The distinction between the notions of uncertainty and
risk will serve to formulate some considerations on the
ongoing progression of the company. This distinction may
be viewed as a “tool” (Ferrero 1968) that can be
F. Manni
Università degli Studi Roma TRE, Via Silvio D’Amico, 77–00145
Rome, Italy
e-mail: francesco.manni@uniroma3.it
A. Faccia (&)
American University in the Emirates, Dubai International
Academic City, P.O. Box: 503000 Dubai, UAE
e-mail: alessio.faccia@aue.ae
© Springer Nature Switzerland AG 2020
M. Mateev and J. Nightingale (eds.), Sustainable Development and Social Responsibility—Volume 1,
Advances in Science, Technology & Innovation, https://doi.org/10.1007/978-3-030-32922-8_20
201
Return and Social Expectations
Francesco Manni and Alessio Faccia
Abstract
The present work aims to analyze the corporate social
responsibility from a new perspective, observing the link
between a progression of business and the distribution of
risks between different expectations. The study of the
relationships between uncertainty, risk and corporate
persistence represents an opportunity to think about the
rising concern of the companies, considering both the
need for financial returns and human–environmental
expectations. Starting from the study of economic–
business culture, this paper deals with uncertainty and
risk as distinct concepts, analyzing the meaning of
“common risk”. Subsequently, the cornerstones of the
economic order of the company are pointedly displayed,
while also highlighting the relation to the request for
sustainable human and environmental development.
These areas of analysis are intertwined with the issues
that arise from the practice of corporate social responsibility (CSR) and the search for coherent structured tools
for fair disclosure. Social balance can be viewed as one of
the principal mechanisms designed to improve the
structured external information system. This is a formalized tool that is principally designed to focus our attention
on the analysis concerning the production/distribution of
value. These surveys allow finding the value system
based on the ongoing progression of the company and,
consequently, the distribution of risks between different
expectations. The research was conducted by using an
unstructured approach, classified as qualitative. The
authors find out that the continued development of a
business is undermined by the economic–financial
sustainability of the human and environmental framework
that characterize the production. The shortcomings of a
big company turn into a crisis of a community and this
calls into question the role that the Government intends to
play in the human and environmental fields, also considering the constraints deriving from supranational
agreements.
Keywords
Financial return Á Social expectations Á Risk and
uncertainty Á Corporate social responsibility Á
Going concern
1 Introduction
This research is conducted under the guidance of an economic–business perspective that, as is well known, considers
the conditions of existence and the living manifestations of
the companies (Zappa 1926) essential for the analysis.
This research paper, therefore, has its roots in Italian
doctrine, which contributes to the deepening of the study of
the economic administration of companies of all kinds,
operating in any economic order (Onida 1970).
The stimulus to the present work has been given by the
interest in the study of risk, an expression which commonly
indicates the likelihood of not realistically achieving what
was desired, despite the accuracy of human actions in the
setting and carrying out phase. More specifically, the
insights that will follow the relationship between uncertainty
and risk represent the opportunity to think over the development of the company. This aspect is linked both to the
need for economic functionality and the humanistic–environmental expectations.
The distinction between the notions of uncertainty and
risk will serve to formulate some considerations on the
ongoing progression of the company. This distinction may
be viewed as a “tool” (Ferrero 1968) that can be
F. Manni
Università degli Studi Roma TRE, Via Silvio D’Amico, 77–00145
Rome, Italy
e-mail: francesco.manni@uniroma3.it
A. Faccia (&)
American University in the Emirates, Dubai International
Academic City, P.O. Box: 503000 Dubai, UAE
e-mail: alessio.faccia@aue.ae
© Springer Nature Switzerland AG 2020
M. Mateev and J. Nightingale (eds.), Sustainable Development and Social Responsibility—Volume 1,
Advances in Science, Technology & Innovation, https://doi.org/10.1007/978-3-030-32922-8_20
201