This accounting theory report examines the Paradise Plantation Limited, a tea industry in Sri Lanka, focusing on organizational policies, ethical considerations, and managerial stakeholder theory. The report delves into the socio-political and economic context of the tea industry, highlighting factors like environmental responsibility and government support for workers. It analyzes the ethical and managerial branches of stakeholder theory, emphasizing the importance of meeting shareholder, customer, and employee needs, alongside the impacts on the environment and local communities. Furthermore, the study explores the IIRC's six capital model, including financial, manufactured, natural, intellectual, human, and social/relationship capital, and how these apply to the tea industry. The report concludes with recommendations for implementing effective organizational techniques and maintaining product quality through environmentally friendly practices, ultimately aiming to increase profitability and sustainability within the tea industry.
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