Q26 Read Accounting Headline 8.6 on p. 381, an article that relates to claimed financial exclusion of some sectors of society. After reading the article:
(a) Apply the managerial perspective of Stakeholder Theory to explain whether management would care about the concerns of the charity One Parent Families.
(b) If we applied an ethical perspective of Stakeholder Theory, should management care?
(c) If society considered that the banks’ policies were unreasonable, would you expect the banks to use their annual reports to defend their position (legitimacy)? LO8.9