A Critical Analysis of Value Added Reporting Practices in Selected Indian Companies

Abstract

Purpose: The study focuses to examine the reporting framework of Value Added Statement and Value Added Ratios were also examined to measure the productivity and efficiency of selected companies. Disclosure practices of Value Added information in respect to Sustainability Reporting have been examined. newlineMethodology: For the purpose of the study a sample size of five Indian companies from Public sector listed on BSE Sensex 30 have been taken into consideration for a period of ten years commencing from F.Y 2007-2008 to 2016-2017. Here, VAS has been taken as a base to analyze the Value Added Reporting practices of the selected units. Regression analysis has been used to examine the relationship between the variables. Checklist has been prepared to analyze the level of disclosure practices in terms of direct value generated and distributed and Trend analysis has been also applied. Further, hypotheses have been tested through Analysis of variances (ANOVA). newlineFindings: After examined and analyzed the generation and distribution of VA in selected units researcher has been found that on average companies distributed the largest share of its value towards employees. The analysis of study clearly denotes that the management of the companies has not only improved productivity and profitability of their concern but has also fulfilled its responsibility towards the society. Further, Researcher has been found that, selected companies disclosing more information in their Sustainability Report related to Value Added generation and distribution. newlineResearch Implications: In the last, researcher feels that this study will allow more fruitful and objective assessment of enterprises in terms of profitability and productivity and also help to know the contributions of organization towards society at large. newlineOriginality/Value: This study is the one of few studies which has examined and analyzed the Value Added Reporting practices of Public sector Indian companies by adopting the VAS. newline newline