Question 68 Which of the following statements aligns with legitimacy theory? O Companies will engage in sustainability practices because it is an expectation of society. O Companies will engage in sustainability practices because they believe their responsibility extends beyond shareholders. Companies will engage in sustainability practices because they believe the benefits will outweigh the costs. Companies will voluntarik disclose their sustainability practices in the annual report. Companies will engage in sustainability practices because they believe they must protect more than just the company's assets.
Question 68 Which of the following statements aligns with legitimacy theory? O Companies will engage in sustainability practices because it is an expectation of society. O Companies will engage in sustainability practices because they believe their responsibility extends beyond shareholders. Companies will engage in sustainability practices because they believe the benefits will outweigh the costs. Companies will voluntarik disclose their sustainability practices in the annual report. Companies will engage in sustainability practices because they believe they must protect more than just the company's assets.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Question 68
Which of the following statements aligns with legitimacy theory?
Companies will engage in sustainability practices because it is an expectation of society.
O Companies will engage in sustainability practices because they believe their responsibility extends beyond
shareholders.
Companies will engage in sustainability practices because they believe the benefits will outweigh the costs.
O Companies will voluntari disclose their sustainability practices in the annual report.
Companies will engage in sustainability practices because they believe they must protect more than just the
company's assets.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1a1f8fd-52df-4984-b9a5-89d90026fb07%2F8a93aa29-f65f-4122-92a7-135ac559db8a%2F7ye6ab_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 68
Which of the following statements aligns with legitimacy theory?
Companies will engage in sustainability practices because it is an expectation of society.
O Companies will engage in sustainability practices because they believe their responsibility extends beyond
shareholders.
Companies will engage in sustainability practices because they believe the benefits will outweigh the costs.
O Companies will voluntari disclose their sustainability practices in the annual report.
Companies will engage in sustainability practices because they believe they must protect more than just the
company's assets.
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