TY - JOUR ID - 105646 TI - Social Value Added; A New Model for Developing Sustainability Accounting JO - Iranian Journal of Finance JA - IJF LA - en SN - 2676-6337 AU - Hemmati, Mohsen AU - Fazeli, Naghi AU - Saedodin, Seyfolah AD - PhD Accounting Student, Semnan Branch, Islamic Azad University, Semnan, Iran. AD - Accounting Assistant Professor, Semnan Branch, Islamic Azad University, Semnan, Iran. AD - Professor, Faculty of Mechanical Engineering, Semnan University, Semnan, Iran. Y1 - 2019 PY - 2019 VL - 3 IS - 2 SP - 105 EP - 128 KW - Tangible value added KW - Intangible value added KW - Social Value Added KW - Sustainability accounting DO - 10.22034/ijf.2020.206929.1082 N2 - Sustainability accounting by presenting a holistic view of the organization activities and providing a balanced view of its economic, social and environmental impacts and benefits, and by presenting sustainability reporting seeks to encourage business units and investors to maintain the mutual benefits of all stakeholders in the society. Given the criticisms that researchers have had about the efficiency of sustainability reporting, the purpose of this article is to develop sustainability accounting by presenting a new model that can address the challenges in sustainability accounting and can be a good alternative to sustainability reporting. Social value-added is the sum of tangible and intangible values created and added to society by a business through technological development/change and the knowledge of its manufacturing engineers and managers. In this research, to test the proposed social value added model, Nano engine oil was selected randomly and the test was performed using paired comparison of data. The results of the research showed that social value-added statement can be an appropriate report for evaluating the economic, social and environmental performance of a business entity. Nano engine oil has a social value added of 3797.2 percent compared to regular engine oil, that 15 percent of it is related to tangible value added and 85 percent to intangible value added.  UR - https://www.ijfifsa.ir/article_105646.html L1 - https://www.ijfifsa.ir/article_105646_3de027304af3f0742dcab9fbb8d49d09.pdf ER -