Refinements to Legitimacy Theory in Social and Environmental Accounting Matthew V. Tilling Flinders University‚ South Australia The author wishes to acknowledge the valuable support provided by the CPA Australia in funding this research through their Research Grant Scheme. COMMERCE RESEARCH PAPER SERIES NO. 04-6 ISSN: 1441-3906 “Legitimacy is a generalized perception or assumption that the actions of an entity are desirable‚ proper‚ or appropriate within some socially constructed system of
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Organizational Legitimacy under Conditions of Complexity: The Case of the Multinational Enterprise Author(s): Tatiana Kostova and Srilata Zaheer Reviewed work(s): Source: The Academy of Management Review‚ Vol. 24‚ No. 1 (Jan.‚ 1999)‚ pp. 64-81 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/259037 . Accessed: 07/05/2012 03:36 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
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What does the notion of legitimacy and social contract have to do with corporate disclosure policies? Legitimacy Theory relies on the belief that a social contract exists between corporations and society. The theory assumes that a corporation does not have any right to operate or access resources‚ and is only legitimate when the value system of the corporation is congruent with that of society. In cases where disparity arises‚ the legitimacy of corporations will often be threatened‚ and such situations
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Part A Section (i) The articles chosen for this essay paper were “Corporate Environmental Reporting: A test of legitimacy theory” by Trevor D. Wilmshurst and Geoffrey R. Frost and “The Stakeholder Theory: Concepts‚ Evidence and Implications” by Thomas Donaldson and Preston Lee. There were several factors that contributed to my choosing these particular articles for my study. First and foremost‚ these articles were both peer reviewed and the journals they were sourced from‚ namely the
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repair political order‚ the state needs authority from its citizens to do so and this authority needs to be legitimate. ‘Legitimacy refers to a belief in the states rightness‚ its right to rule or the idea that its authority is proper.’ I will then explain how today‚ legitimacy is closely linked to democracy and it is through free and fair elections that the state receives legitimacy. The degree to which individuals legitimise the state is varied and individuals or groups of people can also engage
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Legitimacy: government and politics Legitimacy is the popular acceptance of an authority‚ usually a governing law or a régime. Whereas “authority” denotes a specific position in an established government‚ the term “legitimacy” denotes a system of government — wherein “government” denotes “sphere of influence”. Political legitimacy is considered a basic condition for governing‚ without which a government will suffer legislative deadlock(s) and collapse. John Locke said that political legitimacy
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DEPARTMENT OF POLITICAL STUDIES STUDENT NAME: Nasreen Rawoot STUDENT NUMBER: RWTNAS005 TUTOR: Christopher Edyegu TUTORIAL NUMBER: Tutorial 26 ASSIGNMENT: 2. How does Max Weber characterize legitimacy and why do we have an obligation to obey the laws of the state? Plagiarism Declaration 1. I know that plagiarism is wrong. Plagiarism is to use another’s work and pretend that it is one’s own. 2. I have used the Harvard convention for citation and referencing. Each contribution to‚ and quotation
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to possess the right to rule—must be justified. This follows from the absurdity of its logical opposite. The notion that a person or government may simply claim and ipso facto have the right to rule would have the absurd consequence of bestowing legitimacy on any regime‚ even the most despotic‚ that claims authority. Indeed‚ if Adolf Hitler had a right to rule (one believes he at least claimed to have it)‚ then Nazi officials serving under him were in fact morally obligated to carry out the Holocaust
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Main Issue: Is there vitiating factor of economic duress? Issue 1: Can the doctrine of economic duress apply? Economic duress is the economic pressure or threat exerted upon another party which is beyond what the law deems as acceptable or legitimate. Under the doctrine of economic duress‚ a contract may be avoided by a party who has entered into it because of this illegitimate threat to harm his economic interest (financial or business interest) The elements of duress were laid down in Universe
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Within this essay‚ I will be discussing the different forms of power held by the character Gordon Gekko‚ a big-shot investing guru who is both high in knowledge for his game and equally as arrogant. Power is a huge theme within this movie as Gordon Gekko throws his weight around and shows his prestige and dominance over society as well as main character Bud Fox. The specific terms within the theme of power that I will cover are Legitimate power‚ Reward power‚ Coercive power‚ Expert power‚ and Referent
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