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Discusses the implications of accounting theories (agency theory, institutional theory, stakeholder)

Each group can choose a peer-reviewed journal article that discusses the implications of accounting theories (agency theory, institutional theory, stakeholder theory, legitimacy theory, debt-covenant theories) to organisations. Example Articles: The following are examples of journal articles that fit the criteria for the assignment. However, your group must select a journal article other than the ones provided here. 1. Research Paper from Agency Theory: Capital structure and firm performance: A new approach to testing agency theory and an application to the banking industry. 2. Research Paper from Institutional and legitimacy Theory: Financial Restatements, Audit Fees, and the Moderating Effect of CFO Turnover 3. Research Paper from Positive accounting theories hypotheses: Earnings-based bonus plans and earnings management by business-unit managers. Required: Prepare a report on the chosen peer-reviewed journal article about 2000 word counts.

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