Financial education in the development of corporate social responsibility: an accounting approach

Abstract

The study examines how financial education contributes to the development of corporate social responsibility (CSR) in companies. The general objective of the research was to analyze the contribution of financial education in the accounting approach to the development of corporate social responsibility in companies. The approach was qualitative, the data collection technique was documentary analysis, and 47 academic articles focused on the interaction between financial education and CSR from an accounting perspective were analyzed. The main results indicate that financial education is essential for companies to understand and manage their financial impacts on their social and environmental responsibilities. Through accounting, companies effectively measure and communicate both their performance and social and environmental impact, allowing them to make more informed and ethical decisions. The conclusions highlight that the integration of financial education in CSR improves decision-making capacity and the adoption of responsible practices but also promotes better communication of the company’s performance to its stakeholders. The importance of accounting as an essential tool to evaluate and report these aspects is emphasized with the suggestion that companies should invest in training programs in financial education and accounting for their employees.