According to Legitimacy Theory, Corporate Social Reports

question 17

Multiple Choice

According to legitimacy theory, corporate social reports:

• A)capture the impact of culture on the annual reports.
• B)is a means to deal with a firm's exposure to political, economic, and social pressures.
• C)is in response to the stakeholders demand for environmental and social information.
• D)should not vary country wise on the basis of methods of disclosure.

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Definitions:

Redemption Story

A narrative framework where a person describes their life story in terms of moving from a difficult or low point to a higher, more positive state.

Minimal Deterrence

Use of the minimal level of external justification necessary to deter unwanted behavior.

External Justification

The process of explaining one's behavior with reasons outside of the individual, often to align with societal norms or expectations.

Undesirable Behavior

Actions or conduct deemed inappropriate or unacceptable based on societal norms or individual standards.