What Is Institutional Theory and Why Is Relevant to Financial

question 68

Essay

What is Institutional Theory and why is relevant to financial reporting research?

---

Definitions:

Conforming Quality

The degree to which a product or service meets the specified standards and requirements, ensuring customer satisfaction.

Target-oriented Quality

A strategic approach focusing on achieving specific, predefined quality goals to satisfy customer expectations and improve product or service performance.

Scatter Diagram

A graphical method used to display the relationship between two variables, typically to identify any correlation between them.

Work Shift

Scheduled periods of work for employees, often rotating among mornings, afternoons, and nights, to ensure continuous operation in industries such as healthcare, manufacturing, and service.