The traditional accounting thinking disregarded and neglected what could result from transactions between the economic unit and others, which could have secondary effects on the society and on other economic units. On one hand, the environmental pollution may cause a waste in the society's resources and damages for other economic units. On the other hand, secondary effects - negative or positive - may result too. Therefore, the social welfare of economic units depends on economic and social responsibility. The problem of the research is to determine the relevant rules and standards, which enable the managerial accountants to insure quality in measuring the benefits and damages. The research includes a survey and analysis of previous studies. The field study is testing three hypotheses. The research presents some important conclusions and recommendations.

The general aim of this research is to study the employee empowerment as one of the determiners of employment satisfaction and its impact on the quality of educational service at Taif University. This is ascribed to the fact that quality of service has turned into a basic requirement of all organizations of all types and sizes. Besides, improving the quality of service is one of the fields in which empowerment plays a vital role. The approach of employee empowerment is also one of the governing elements in applying comprehensive quality in the organization since empowerment makes employees have a feeling of responsibility and independence as well as freedom to act and to participate in decision making. It also helps raise the morale of employees and this in its turn leads to improvement in performance, productivity, quality of service in service-providing organizations, satisfaction of employees and customers and increasing organizational efficiency. It should be indicates that raising the standard of educational service at Taif university may be realized via the analysis of the requirements and dimensions of the employee empowerment. This may take place through investigation and analysis of the actual practices of employee empowerment and its impacts on the realization of employment satisfaction for employee and consequently on the quality of educational service in Taif University. In other words, the diagnosis and analysis of the logical framework and natural procedures of raising the level of employment satisfaction for employees (internal customers) on the one hand and improving service on the other hand may lead to raising the level of satisfaction of customers (students) with the educational service in Taif University.

This research aimed at discovering the affect of financial and non-financial information on the stock prices. May empirical researches have reached the conclusion that the efficiency of SEC depends on both of these kinds of information. The researcher have conducted on empirical research in which he compared between the Egyptian financial market and the financial market at Dubai the researcher have got at there is a significant correlation relationship between the financial information and the non-financial information, and he concluded that the results were similar on respect of the hypothesis tested and there was a results that the effect of the non-financial information on the stock price is greater than the effect of the financial information and this results was supported by the decrease in the stock price of total mostafa co. By the rate of 15%, in spite of the high profit that the corporation have earned because the sentence have issued against the chairman of the co. 25/6/2009. This indicates that the firms mast give great imporfance to disclousre about the financial and non-financial information.

Purpose: The Saudi stock market has observed significant changes during the last five years. One of the most important changes was the establishment of the Saudi Capital Market Authority (CMA, thereafter). Since, then, CMA carried out significant improvements in order to strengthen financial transparency. One tool was establishing closer observation on listed companies' financial disclosure by means of executing sanctions on those companies not performing the minimum required disclosure. This study reports on a research conducted to investigate sanctions on listed companies by CMA in order to enlighten our understanding of the dimensions of transparency of financial disclosure in Saudi stock market. Methodology and Findings: All sanctions imposed by CMA since its emerging were collected and analyzed. The findings suggest that the culture of Saudi business and investments are still playing significant role in directing the market rather than the consequences of the efforts of CMA. Most of the CMA sanctions were more related to the fighting of managerial un-compliance with rules and procedures, rather than with the core of the disclosure itself. Importance and Implications: The importance of the finings of this research is that it brings light on the efforts of the CMA to increase compliance with the Saudi capital market law. It also helps regulators of CMA to enlighten their efforts to enhance transparency of their stock market and similar stock markets to benefits of the experience of CMA.

This research aims to measure the relationship between event studies approach and the future reaction of stocks prices, this research depends on three hypothesises: 1. "There is a strong relationship between the issued information about a certain event and the future prices of stocks". 2. "There is a strong relationship between the market efficiency and the events which effect the future prices of stocks". 3. "We can measure the reaction of the future prices of stocks towards the event by measuring the positive or negative abnormal returns". To achieve the purpose of the research and to test its hypothesises the researcher review 19 previous studies about event studies and how to use it in measuring the reaction of stocks prices in the strong form of market efficiency, in the semi - strong form of market efficiency and in weak form of market efficiency. The applied study was completed on 52 corporations which their stocks alternate in the Saudi Market to determine the events of these companies during the period from January 1, 2006 to June 30, 2008 which were 107 events, 72 of them were financial transactions and 35 of them were non- financial transactions. The financial transactions divided into 5 groups, the event of announcing cash dividends, the event of announcing stock dividends, the event of announcing stock splits, the event of announcing the issuing of financial statements and the event of announcing the increase in capital. The non- financial transactions divided into 2 groups, the event of announcing the change in board of directors and the event of alternative informal news in the market. The researcher determined the stocks closed prices in the day of occurred each event through two event windows (-1, +1), (-10, +10), and calculated the forecasting prices by using the auto-regressive integrated moving average (ARIMA) to measure the actual return, the expected return and to determine the cumulative abnormal return and use the sample (Z) to analysis the results of every window and to illustrate its effect in the Saudi Market. The statistics results emphasize the correct of the three hypothesises.