country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

The Impact Of Modern Business Communication Samples For Students

tag 0 Download5 Pages 1,048 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

 What is Social Contract in Accounting ?

 

Answer:

Introducation

The necessity to disclose all the information, whether it is financial or nonfinancial or managerial, needs to disclosed in the financial statements of the company. This financial statement tells about the financial performance of the company for the reporting period and the financial position of the company as on date. If the financial or nonfinancial information is not presented in the true and manner then the users of the financial or nonfinancial information will end up with making incorrect decision which may lead to the inappropriate functioning of the company. Through this literature review two factors have been discussed – one is the guiding factor and other one is the motivating factor. The guiding factor is referred to as the social contracts ad motivating factor is referred to as the legitimacy theory.

The structure of the literature review has been started with the origin of the social contracts and what circumstances has happened which have led to the introduction of social contracts in every field ranging from the earlier period of Monarchism to this current period of marriage or any other contract. The social contract has been very well explained and laid down by the two great philosophers of that time namely Thomas Hobbes and Jean Jacques Rousseau. Both have explained in different manner but the conclusion of both the theories is the same. Then in the second part the legitimacy theory has been explained in detail. It includes its meaning and majorly its application in the environmental and social factors. Then its relation in the accounting field has been laid down and discussed. In the third section of the review the relevancy and the importance that the social contracts have towards the legitimacy theory in accounting have been detailed and discussed.  This is the main aim and also the purpose of the conducting the review. After that, the conclusion has been given detailing the overall findings and the conclusions there from. The study has then ended up with the synopsis of the overall literature review. 

 

 Synopsis

The topic of the review is significance and use of legitimacy theory in accordance with the social contracts. It signifies that the more importance has been given to the social contracts than the legitimacy theory of accounting. It is because of the fact that the social contract has been prevailing since the beginning of the humanity and it has been extended during the period of world war and development of historical moments and it has been more emphasized during the period of enlightenment. During this period the philosophers have started thinking of every development and started researching on that development as why it has happened and what are the outcomes of that development.

The main aim of the literature review is to understand the term and relevance of social contracts and legitimacy theory in accounting. The second major aim is to lay down the factors as to why the social contracts have relevance in the legitimacy theory of accounting. The purpose of the review is to equip the readers with the importance of both the concepts in the today’s world and how both have become the guiding and motivating factor for the managers working in the company. With this aim the review has been bifurcated into different sections and parts.    

 

References

Burlea S, (2013), “Legitimacy Theory” available on

https://www.researchgate.net/publication/303928907_Legitimacy_Theory  accessed on 18/05/2017.

Baker E, (2014), “Social Contract, Essays by Locke, Hume and Rousseau” Read Books Ltd., p

40 -42

Cruess R L, (2010), “Expectations and obligations: professionalism and medicine's social

contract with society. Perspectives in Biology and Medicine”, 51, 581-592.

Deegan, C. (2012). Introduction: The legitimising effect of social and environmental

disclosures–a theoretical foundation. Accounting, Auditing & Accountability Journal, 15(3), 284-309.

Donaldson T, & Preston, L. E, (2015), “The stakeholder theory of the corporation: Concepts,

evidence, and implications Academy of management Review” 20(1), 67-89.

Dunfee T W, (2009), “Integrative social contracts theory Economics and philosophy”11(01), 88

-110.

Elahi M, (2010), “What is Social Contract Theory” available at

https://www.google.co.in/url?sa=t&rct=j&q=&edata-src=s&source=web&cd=15&cad=rja&uact=8&sqi=2&ved=0ahUKEwipipyCoO3TAhXIqI8KHXhSBrIQFghzMA4&url=http%3A%2F%2Fwww.sophia-project.org%2Fuploads%2F1%2F3%2F9%2F5%2F13955288%2Felahi_socialcontract.pdf&usg=AFQjCNEcYcluj-6Uu9cqabXu74HtJmE2pQ&sig2=Fbncb8iwPyPfPXma3NihEA accessed on 18/05/2017

Frazer, M. L. (2017). Ryan Muldoon, Social Contract Theory for a Diverse World: Beyond

Tolerance, Routledge, 2016, 131pp, $140.00 (hbk), ISBN 9781138681361 Notre Dame Philosophical Reviews.

Friend C, (2016), “Social Contract Theory”, available at

https://www.iep.utm.edu/soc-cont/ accessed on 18/05/2017

Freeman, R. E (2010). Stakeholder theory: The state of the art. Cambridge University Press.,p7

Jos, P. H. (2009). Social contract theory: implications for professional ethics. The American

Review of Public Administration, 36(2), 141-154.

Laplume O, (2008) “Stakeholder theory: Reviewing a theory that moves

us Journal of management” 34(6), 1178-1188.

Leeson, P. T. (2009). The calculus of piratical consent: the myth of the myth of social contract.

Public Choice, 139(3), 443-459.

Leonard, D. K., & Samantar, M. S. (2011). What Does the Somali Experience Teach Us about

the Social Contract and the State?. Development and Change, 42(2), 559-584.

Mäkelä, H., & Näsi, S. (2010). Social responsibilities of MNCs in downsizing operations: A

Finnish forest sector case analysed from the stakeholder, social contract and legitimacy theory point of view Accounting, Auditing & Accountability Journal, 23(2), 154-144.

Makarkin A,(2011), “The Russian social contract and regime legitimacy International Affairs”

87(6), 1470-1473.

Mccarthy, D J, & Puffer, S. M. (2008) “Interpreting the ethicality of corporate governance

decisions in Russia: Utilizing integrative social contracts theory to evaluate the relevance of agency theory norms. Academy of Management Review, 33(1), 23-29.

Patten M (2012) “Intra-industry environmental disclosures in response to the Alaskan oil spill: a

note on legitimacy theory. Accounting, organizations and Society, 17(5), 472-474.

Rosenfeld, M (2014). Contract and Justice: The Relation between Classical Contract Law and

Social Contract Theory. Iowa L. Rev., 70, 769.

Smith C, (2009) “Social contracts and marketing ethics The Journal of Marketing”, 18-29

Skyrms, B. (2014) “Evolution of the social contract. Cambridge University Press”, p 4-5

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). The Impact Of Modern Business Communication Samples For Students. Retrieved from https://myassignmenthelp.com/free-samples/the-impact-of-modern-business-communication-samples-for-students.

" The Impact Of Modern Business Communication Samples For Students." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/the-impact-of-modern-business-communication-samples-for-students.

My Assignment Help (2018) The Impact Of Modern Business Communication Samples For Students [Online]. Available from: https://myassignmenthelp.com/free-samples/the-impact-of-modern-business-communication-samples-for-students
[Accessed 09 April 2020].

My Assignment Help. ' The Impact Of Modern Business Communication Samples For Students' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/the-impact-of-modern-business-communication-samples-for-students> accessed 09 April 2020.

My Assignment Help. The Impact Of Modern Business Communication Samples For Students [Internet]. My Assignment Help. 2018 [cited 09 April 2020]. Available from: https://myassignmenthelp.com/free-samples/the-impact-of-modern-business-communication-samples-for-students.


Getting nightmare regarding pending chemistry assignment? Then it is high time you consider hiring chemistry assignment help service of MyAssigemnthelp.com. We at MyAssignmenthelp.com deliver quality subject specific assistance on more than 100+ subjects. For us, students' need is foremost, and we work round the clock to offer science, humanities and commerce assignment help. Among Commerce wing, our one of the most popular services is capital budgeting assignment help. In science segment, we have gained popularity with biology assignment help.

Latest Accounting Samples

ACC200 Traditional And ABC Costing

Download : 0 | Pages : 8

Answer: Traditional costing Costing is the act of breaking down the costs and analysing the individual constituents and preparing a report to be submitted to the management of the company. The analysis of the costing is necessary to understand the impact of the costs on the earnings of the company and rectifying the same if there is any need. The methods to measure the overhead costs are the traditional method, activity based costing, prorate...

Read More arrow

ACC200 Traditional And ABC Costing

Download : 0 | Pages : 8

Answer: Traditional costing Costing is the act of breaking down the costs and analysing the individual constituents and preparing a report to be submitted to the management of the company. The analysis of the costing is necessary to understand the impact of the costs on the earnings of the company and rectifying the same if there is any need. The methods to measure the overhead costs are the traditional method, activity based costing, prorate...

Read More arrow

HI5020 Corporate Accounting And Exercise

Download : 0 | Pages : 18

Answer: Introduction: The financial performance of Rio Tinto, Fortis metals group, and BHP Billiton has been analyzed in the assessment. Moreover, the assessment also evaluates different segments of the annual report to determine the current financial position of the selected companies. The companies are under the Mining industry, which is one of the major contributed to the GDP of Australia. Furthermore, adequate analysis has been conducted ...

Read More arrow

ACC307 Accounting Theory

Download : 0 | Pages : 9
  • Course Code: ACC307
  • University: Elite Education
  • Country: Australia

Answer: Introduction A conceptual framework forms the structure of ideas and objectives that helps to create accounting rules and standards. The norms and standards that are placed in the conceptual framework describes the distinctiveness, the functions and boundaries of financial accounting and statements. This framework is also used as a basis for solving disputes in accounting.          The Statemen...

Read More arrow

ACC204 Accounting Management Assignment

Download : 0 | Pages : 4
  • Course Code: ACC204
  • University: The University Of Sydney
  • Country: Australia

Answer: Question 1 Straight Line Method                 2012 2013 2014 2015 2016 2017 Cost of Truck 65000             Residual Value 5000             Depreciation ...

Read More arrow Tags: Australia Brighton Humanities Computing Theory University of Sydney 
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,249,346

Orders

4.9/5

Overall Rating

5,068

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

234 Order Completed

100% Response Time

Samantha Ji

PhD in Chemistry with Specialization in Organic

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

203 Order Completed

97% Response Time

Richard Alpert

PhD in Psychology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

154 Order Completed

97% Response Time

Harold Alderete

PhD in Economics

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

I hope I get good mark! I hope I get good mark!I hope I get good mark!I hope I get good mark!I hope I get good mark!I hope I get good mark!

flag

User Id: 392150 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

HANDED IN ON TIME THOUGH GAVE A VERY SHORT TIME TO DO SO. THE WORK WAS WELL DONE TOO!!

flag

User Id: 194216 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

Always impecable work. I super reccoment this service to anyone. The quality of work and agile delivery are the high points.

flag

User Id: 396689 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating

this was an excellent assignment I cant understand how the assignments can differ in presentation, is it that some writers are trained and some are not.

flag

User Id: 315260 - 08 Apr 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?