Corporate governance reporting with value added statements: Conceptual arguments and empirical evidence from German listed companies

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Abstact

The value added statement (VAS) is a monetary statement with a long history. Over time, it has been used for different purposes and at varying intensity across different countries. Unlike metrics like accounting profit and economic profit, the metric value added does not focus solely on shareholders but takes a multi-stakeholder perspective. Therefore, VAS fit very well into the concept of corporate governance reporting. An empirical analysis is performed among German listed companies to analyze the current use of VAS.

Keywords: Value Added Statement, Corporate Governance Reporting, Stakeholders, Connectivity

JEL Classification: M14, M41, Q56

Received: 16.05.2024
Accepted: 24.05.2024

How to cite: Baltzer, B., & Ulrich, P. (2024). Corporate governance reporting with value added statements: Conceptual arguments and empirical evidence from German listed companies. In Ž. Stankevičiūtė, A. Kostyuk, M. Venuti, & P. Ulrich (Eds.), Corporate governance: Research and advanced practices (pp. 110–115). Virtus Interpress. https://doi.org/10.22495/cgrapp19