Deegan Topics: Accounting for Corporate Social Responsibilities
QUESTION 1:
Explain the meaning of sustainability and outline why corporations might consider it in their business operations.
QUESTION 2:
What is a social contract and how does it relate to organisational legitimacy?
QUESTION 3:
Under the managerial perspective of Stakeholder Theory, when would we expect an organisation to meet the information demands of a particular stakeholder group?
QUESTION 4:
What is international integrated reporting and how does it differ from the current financial reporting system we have?
QUESTION 5 - Question 9.9:
What is an externality and why do accounting practices typically ignore externalities?
QUESTION 6 - Question 9.37:
If a major Australian mining company reports record profits, is this profit figure misleading if the same company has polluted various river systems and has emitted toxic substances into the air, and has not placed a cost on these externalities?