1. Introduction This report will identify a crisis facing BP company‚ the Gulf of Mexico spill‚ and investigate how the organization response to the society. In this report‚ it will use Legitimacy theory to explain BP’s response to this event. Legitimacy theory can be treated as a explanation for voluntary corporate disclosures in annual report. As (Dowling&Pfeffer‚ 1975) says a corporation must act in congruence with norms and society value. First of all‚ Legitimacy theory is based on the
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History In 1919 the first Loblaw grocery store opened in Toronto. Theodore Pringle Loblaw and J. Milton Cork had a new idea of a grocery store‚ one which would be fully self- serve and would offer better quality foods at lower prices. In 1978‚ ‘No Name’ products were introduced into Loblaw stores. These products had distinct yellow packaging‚ and Loblaw stores experienced an outstanding customer feedback. In 1984‚ ‘President’s Choice’‚ one of Loblaw’s own brands made its first debut in stores
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international food services company‚ based in Finland‚ that seeks to grow with an optimistic view on it’s already firm grasp on the food service industry ("Frazer‚" n.d.). This paper will discuss the accounting standards‚ external auditing standards‚ and annual reports of the Caribou Company and Frazier Group. A brief comparative analysis will be conducted between select data from the financial statements of these two companies‚ including profitability and financial position. Accounting Standards. For Caribou
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organization theorists that address accounting practices. These theorists and professionals have given fresh accountability measures. Their ideals give this industry the tools needed to survive‚ grow and prosper. The way an organization prepares and reports its financial information and handles its daily operations is in essence financial practices‚ and in the way it accomplishes this reveals their ethical standards to which they adhere to. This paper will discuss the financial practices‚ ethical standards
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Project Section 1 This project‚ I chose Woolworths Limited Annual Report 2012 to answer the following questions: To whom is this report disseminated and how is this done? “The financial report provides people who are interested in a company – such as shareholders‚ lenders‚ analysts and employees – with information about the financial performance and financial position of the company”( A guide to understanding annual reports 2012). It is one means by which directors of the company advise shareholders
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Limited (Blackmores). The analysis is to be based primarily on 2012 Annual Report of the corporation and any other information you deem relevant e.g. newspaper and journal articles etc. This will require you to search for articles on Blackmores. Background We will discuss and complete exercises using Blackmores’ annual report in seminars during weeks 4 -7 of the semester. Please ensure you bring a copy of the annual report (soft or hard copies) to these seminars. Blackmores Limited is a
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Abstract: The report below is based on my own best practice for the assignment task and have Provide a summary of the purpose of Corporate Sustainability Reporting‚ and have also provide a summary about the two theories stakeholder theory and legitimacy theory including the annual reporting about the company ’s Toyota motor corporation and BHP Billiton and the comparison that how they have address the economic social environmental aspect of the companies in their report 2011. And has finalise by
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Starbucks Barnes & Noble Amazon.com HP Dell Disney Microsoft Obtain faculty approval of your selection prior to beginning the assignment. Obtain a copy of the organization’s annual report and SEC filings for the past 2 years. Write a 1‚400- to 1‚750-word paper in which you analyze the data in the annual reports and SEC filings. Address the following: Assess the role of ethics and compliance in your organization’s financial environment. Describe procedures your organization has in place
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F/S and the financial reporting process of companies that are not currently reviewed. Research indicates that reviews appear to reduce the deferral of adjustments to the fourth quarter‚ translating into potentially fewer restatements of interim and annual F/S. For auditors‚ mandatory interim reviews would shift certain work from year-end to earlier periods‚ thereby distributing audit effort. It would also save them time because problems that would not otherwise have been detected until the year-end
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