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1. What are the theories that have been used to explain sustainability reporting practices? a) Stakeholder theory and legitim

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Answer #1

Solution. 1.The correct answer is option a

Explanation: Sustainability reporting practices analyze stakeholder theory, institutional theory and legitimacy theory in order to sustain and aligns in norms with CSR. So,other options hold false.

2.The correct answer is option a

Explanation: Environmental disclosures are made in response to the stakeholder demand for environmental and social information in order to achieve and deliver value to stakeholders which plays crucial role in organization's affairs. So, other options hold false.

3.The correct answer is option c

Explanation: Legitimacy theory posit sustainability reporting and environmental disclosures are made in response to political, economic and social pressure to legitimize the firm's performance in order to achieve social contract. So, other options hold false.

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