Toward a More Coherent Understanding of the Organization–Society Relationship: A Theoretical Consideration for Social and Environmental Accounting Research

Abstract

legitimacy theory, institutional theory, resource dependence theory, stakeholder theory, social and environmental accounting research,

Social and Environmental Responsibility in Developing Countries: A Theoretical Approach to Regulation

“…Both theories have differences in the level of perception and settlement and not the conflicting theories. In other words, [5] try to conclude, legitimacy theory and stakeholder theory can both explain and predict the relationship between the organization and the social environment, but with different approaches and decomposition. However, both have profound benefits in providing an understanding of the social and environmental accounting research.…”

“…Stakeholder theory explains that each group of stakeholders has not the same impact on the environment. On the other hand, each stakeholder expectations are often at odds with each other [5].…”

A New Framework for Assessing the Sustainability Reporting Disclosure of Water Utilities

“…Pressures and motivations towards sustainability reporting are differentiated between the private and the public sector. Specifically, the private sector usually makes an effort to start a debate with key stakeholders having the ultimate goal to maximize profits or gain the social license to operate, whereas the public sector focuses on voluntary disclosures mainly to achieve accountability goals toward taxpayers and the general society in the context of ethics and fairness, but is also concerned about the goal of public service excellence and the consequent choice of an adequate performance management model [24]. In this debate, Ref.…”

A Cross-country Study of the Effects of Institutional Ownership on Credit Ratings

“…But it must also be considered that there are various factors that affect how CG is carried out among countries, including the nature of the countries' economies, their legal systems, the governance systems established, the accounting systems used, and the protection afforded shareholders and other words, organisations declare their value systems, and legitimacy theory examines whether the values espoused by the organisation are congruent with the values of society. However, as pointed out, this theory does not outline specific means for bringing about congruency between an organisation's value system and that of the society in which it operates (Chen & Roberts, 2010). Deegan and Bloomquist (2006) explain that organisations strive to show that there is congruence between the social values that they hold or try to display and the social values that are established in their society, using the Australian mineral industry and the World Wide Fund to illustrate this.…”

“…In describing legitimacy theory, Chen and Roberts (2010) identify institutional legitimacy and strategy legitimacy. The former, which also takes in institutional theory, is based on the organisation conforming "to the established patterns of other similar social institutions" (p. 653).…”