Corporate Social Disclosures and Accounting Theories

Corporate Social Disclosures and Accounting Theories

Abstract
This study reviews the use of explanation theory in developing collective social disclosure
behaviour. The tax deduction research of accounting disclosure and corporate social responsibleness
research is examined. Specifically the use of the positive accounting theory is analysed, but
in like manner critical studies on the use of this theory. besides legitimacy theory was used in the past as
the theoretical basis for corporate social disclosures, which is also discussed on its merits.
Voluntary accounting disclosure research, which has not been used to explain social
disclosures in the past, is examined for its usefulness. The combination of social disclosures
behaviour and freewill accounting disclosures turns out to be a promising newly field of
research.
Preface
Corporate Social Responsibility (CSR) and its think disclosures have been on the research
agenda since many years. The CSR-research was excited by the hopes that society could
benefit from it (Margolis and Walsh 2003). The more than 30-year search for a dealinghip
between corporate social performance (CSP) and corporate financial performance (CFP) has
not brought much consistent induction of any clear motive for corporations to reduce involved in
CSR.



This could have fed the hope for society that companies really were willing to do well
for society. According to Margolis and Walsh (2001), the lack of clear conclusion is due to a nonexisting theoretical foundation of the empirically revealed relations between CSP and CFP.
The questionable quality of the performed research was also mentioned by Margolis and
Walsh. They reviewed all kinds of possible studies on relationships between CSP and CFP.
They refer to the tightness between the different roles of the corporation, while pursuing
financial or social goals. Margolis and Walsh look at this problem from an organisational
perspective, but they also included accounting related studies in their review....If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper