Employees, Accounting Basics

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Employees: The view of business organizations exist to maximize the go back to shareholders has been undergoing modify as an outcome of social changes. A broader view is consider today of economic and social role of management. The significance of harmonious industrial relations among management and employees cannot be over emphasized. Such the employees have a stake in the outcomes of several managerial decisions is recognized. Superior emphasis on industrial democracy by employee participation in management decisions has significant implications for the analysis of information to employees. Matters as settlement of wages, profit and bonus sharing rest on adequate disclosure of relevant facts.


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