In our conception, legitimacy theory has the role of explaining the behavior of organizations in implementing and developing voluntary social and environmental disclosure of information in order to fulfill their social contract that enables the recognition of their objectives and the survival in a jumpy and turbulent environment. The main aim of this thesis was to refine and develop legitimacy theory as an explanation for voluntary corporate envirormiental disclosures in the armual report legitimacy theory posits that for a corporation to continue to exist it must act in congruence with society's values and norms (dowling & pfeffer, 1975. An important legacy of consent theory in contemporary thought is manifest in accounts that attribute the source of legitimacy either to an idea of public reason—taking the lead from kant—or to a theory of democratic participation—taking the lead from rousseau.
The emerging literature on realist political theory criticizes this tendency to blur the distinction between legitimacy and justice (eg rossi and sleat 2015), diagnosing it as a sign of misplaced “political moralism” (williams 2005. Literature of legitimacy theory in an attempt to identify the necessary characteristics of this theory there is a lack of research into framework of legitimacy theory the paper is mainly concerned with a bringing some coherence to the framework of legitimacy theory and corporate environmental practices. The problem for legitimacy theory in contributing to our understanding of accounting disclosure specifically, and as a theory in general, is that the term has on occasion been used fairly loosely this is not a problem of the theory itself, and the.
Legitimacy is a term used by governments to recognize another regime a government can obtain legitimacy in several ways for example, allowing people to participate in govern ment having.
Pdf | on jan 1, 2013, prof adriana schiopoiu burlea phd and others published legitimacy theory. Legitimacy theory definition legitimacy theory posits that businesses are bound by the social contract in which the firms agree to perform various socially desired actions in return for approval of its objectives and other rewards, and this ultimately guarantees its continued existence.
In political science, legitimacy is the right and acceptance of an authority, usually a governing law or a régime whereas authority denotes a specific position in an established government, the term legitimacy denotes a system of government—wherein government denotes sphere of influence.