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SOCIAL INCOME AND PUBLIC SECTOR CORPORATIONS: A CASE STUDY OF THE GHANA FOOD DISTRIBUTION CORPORATION
Author(s) -
Sarpong K.K.,
Gray S.J.
Publication year - 1989
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/j.1468-0408.1989.tb00322.x
Subject(s) - corporation , distribution (mathematics) , business , public sector , economics , finance , economy , mathematical analysis , mathematics
The feasibility and impact of obtaining a pragmatic measure of social income is attempted in a case study of the Ghana Food Distribution Corporation for the period 1983–1986. Differences between conventional accounting income and social income are assessed with the conclusion that reliance on the conventional accounting model is likely to be misleading for the purposes of assessing performance. While the feasibility of measuring social income is demonstrated there is a need for more relevant information to be made publicly available and for consideration to be given to developing a broad range of financial and non‐financial indicators of performance.