Identify and apply theories and models in accounting to a current topical issue related to CALTEX

Assignment Identify and apply theories and models in accounting to a current topical issue related to CALTEX. You are required to demonstrate your understanding of your chosen accounting theories to matter current to the approved corporation by reference to published material from the corporation and other related sources. Task Details: Corporate Social Responsibility (CSR) or Capital Market Reactions (CMR) of CALTEX. Identify and rationalize with a.appropriate accounting theories, b.the motive, c.effectiveness and impact of the firm’s CSR/CMR disclosures in addressing these issues. Based on the case findings, must make recommendations on CSR/CMR reporting at the corporation level as well as at regulatory level. Emphasis must be given to effectiveness of CSR/CMR disclosures.