Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

Stigler’s ‘private interest theory’ proposes that regulatory bodies (including accounting standard setters) are made up of individuals who are self-interested, and these individuals will introduce regulation that best serves their own self-interest. If regulators acted in accordance with the predictions provided by private interest theory of regulation, what is the likely of the introduction of regulation aimed at reducing the problems associated with climate change, particularly if business corporations opposed such regulations?

Stigler, G. J. 1971, the politicization of accounting, Journal of Accountancy, 146(5), pp. 65-72

Required:

a) Compare the view espoused through the economist Milton Friedman about the social duties of business with the views express by Stigler above.

b) Discuss the standards which are inherent in Global Reporting Initiative (GRI).

c) Select a company listed on the ASX and discusses how the company has disclosed Corporate Social Responsible (CSR) issues. Refer to instruction 2 below.

d) Assess your company performance in relation to GRI standards and comment on Stigler’s theory.

Instructions:

1) The research essay is to be conducted in groups of two. Students don’t have the option to extend or decrease the size of the group.

2) Each group must select a different company listed on the ASX. Discuss you chosen company with your lecturer or tutor to make sure there is no duplication.

3) Assignments should not exceed the word counts indicated.

4) Your assignment must include an abstract or synopsis, introduction, essay body that clearly addresses the problem areas, a conclusion and a properly referenced (refer to the research essay marking guide for further guidance).

5) Evidence of extensive research beyond the prescribed text is required. Ensure these are referenced. Refer to the University of Ballarat’s policy on plagiarism.

6) NO extensions will be granted unless supported by suitable documentation prior to the due date.

7) The group assignment will be due in week 10 of the semester; your lecturer will recommend you of the time and date. Assignments which are submitted late will be penalized at the rate of 10% per day. The lecturer, in the evaluation of the group submission and each individual’s contribution, might require any or all of the members of the group to discuss different aspects of the assignment.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M917

Have any Question? 


Related Questions in Financial Accounting

Assignment audrey jhingrees ice cream parloraudrey jingle

Assignment: Audrey Jhingree's ice cream parlor Audrey Jingle opened an ice cream parlor in a university town. The parlor specializes in ice cream combinations named after popular professors in the business department of ...

1 describe the formal procedures associated with issuing

1. Describe the formal procedures associated with issuing long-term debt. 2. Describe the nature, type, and valuation of current liabilities. 3. Explain the accounting for different types of loss contingencies. 4. Explai ...

Assignment purchase point media corporation ppmc

Assignment: Purchase Point Media Corporation (PPMC) INTRODUCTION Purchase Point Media Corporation (PPMC) INTRODUCTION This case is based on actual financial projections developed and provided by a publicly traded firm, P ...

Assignment excel spreadsheet projecton december 31 2016

Assignment: Excel Spreadsheet Project On December 31, 2016, Carson Company rendered services to Lincoln Corporation at an agreed price of $125,939, accepting $50,000 down and agreeing to accept the balance in three equal ...

1 what are the responsibilities of the risk manager in

1. What are the responsibilities of the risk manager in workers' compensation? 2. What role does employee safety play in risk management? 3. How does discrimiantion in the workplace impact managers / supervisors? 4. What ...

What is the impact of implementing a lean system on the

What is the impact of implementing a lean system on the relationship between managers and employees? Does the lean systems have a positive or a negative impact on the relationships between managers and workers?

1 share a brief definition of each of the three types of

1. Share a brief definition of each of the three types of recognition systems. Which system in your opinion would be the most effective at motivating a team? Why? Is it better for a company to choose one system or integr ...

Question 1 an advantage of the corporate form of business

Question 1. An advantage of the corporate form of business is _____. it is simple to establish the corporate tax rate is less than the personal tax rate corporations must pay dividends the shareholders are not responsibl ...

Noting discussion of supreme court decisions 1 meritor

Noting discussion of Supreme Court decisions: 1) Meritor Savings Bank v. Mechelle Vinson and 2) Oncale v. Sundowner Offshore, research both cases online and respond to the following questions. 1. Provide a paragraph summ ...

Dickens corps fiscal year ends on december 31 it started

Dickens Corp.'s fiscal year ends on December 31. It started fiscal year 20X6 with $4,800 retained earnings. Below is its financial information as of December 31, 20X6. Cash $3,810 Depreciation expense  $1,005 Accumulated ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen