Legitimacy Theory and Stakeholder Theory May Both Generate Similar Hypotheses

question 28

Multiple Choice

Legitimacy Theory and Stakeholder Theory may both generate similar hypotheses to Positive Accounting Theory.The difference between PAT and the other two theories is that:

• A) Different research methods are applied.
• B) PAT does not explicitly consider the organisation in its broader social context.
• C) PAT is the only theory that takes a 'positive' research perspective.
• D) PAT considers owners and managers who cannot be considered legitimate stakeholders.
• E) All of the given Answers.

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