ACC620 Contemporary Issues in Accounting: Role of CPD Data in Declining Carbon Emission Rate

MGT723 Research Project
Assessment Task 1: Research Proposal
Student Name: XXX
Your assigned research topic*: ACC620 Contemporary Issues in Accounting
Draft Research Question: XXX
Title: ACC620 Contemporary Issues in Accounting
Submission Date: XXX
Acknowledgement:
I certify that I have carefully reviewed the university’s academic misconduct policy. I
understand that the source of ideas must be referenced and that quotation marks and a
reference are required when directly quoting anyone else’s words.
* In ACC620 you were assigned to a theoretical perspective (Agency Theory, Stakeholder
Theory, or Legitimacy Theory)
Unless otherwise approved by the course coordinator, all students will be considering the
general issue of the Voluntary Disclosure of Environmental Performance.

Independent Variable
CPD data
Dependent variable
Carbon Emission Rate of other company
Literature Review - Summary
From the literature review, it could be summarized that agency theory entails the detection of
prospect uncertainties, which are created due to distinguishes between the goal of agent and
principle. CPD organization provides data to decline the carbon emission rates. As per the
renowned research scholar, the organization could reduce the carbon emission rates by setting
the target. It is highly correlated with the organizational performance (Blanco, Caro, and
Corbett, 2016). By setting the targets, a company could try to decline the emission rate. As
per the agency theory, the agent is the company, which shows extensive engagement with the
principal. In this context, CPD is acted as an agent, which is more likely to get more
advantages in terms of incentives. An organization deals with declining greenhouse gas
emission of other company as much as possible. Furthermore, the company could try to
overcome the risks, which are related to climate alterations as an effect of these emissions
(Depoers, Jeanjean, and Jérôme, 2016). The market of the corporation is appropriate as it
entails the diverse working culture in the form of agent i.e. CPD. The main role of this agent
is to regulate the other organization to protect the environmental concern in an organized
trend. It could be also summarized that this regulatory governance also supports the
management system of other corporation to implement the strategy for reducing the emission
rates and accomplish the target, which is predetermined by management (Doda, et. al., 2016).
Conceptual Model:
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The above conceptual model shows that there are two variable named independent and
dependent variable. In this way, the independent variable is CPD data and the dependent
variable is carbon emission rate of other company. This model is also supported by the
agency theory, which describes that CPD act as an agent and other company is considered as
principal. As a result, it indicates that CPD identifies the data to decline the carbon emission
rate of other company (Friedlingstein, et. al., 2014).
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