Relating Real World Case Study with Accounting Theories: The Case of National Australia Bank
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This essay discusses the case of National Australia Bank (NAB) and relates it with different accounting theories like Stakeholder Theory and Positive Accounting Theory (PAT). The essay analyzes the reasons behind the decision of job cuts by NAB and how it affects the stakeholders. The relevance of the theory of Renewed Financialisation at the Expense of Financial Stability is also discussed.