WERS Question 6 10 points Social and Environmental Accounting In the previous 12 months there...
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Accounting
WERS Question 6 10 points Social and Environmental Accounting In the previous 12 months there has been a subtle change in how climate change is viewed and what should be done to improve the future world view. (a) Do you believe companies genuinely want to improve their environmentat performance or are they primarily focused on short term profits? Provide examples from legitimacy theory and stakeholder theory to support your point of view. (5 marks) (b) Should the accounting profession be providing bette meworks for reporting for climate change or are current financial reporting methods effective in enabling usere to assess the environmental impacts of an entity? Justify your response. (5 marks) In the answer box below, write the letter and your answer. e.g. a. Your

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