Accounting Theories in Practice: Unilever Case Study

This report provides an analysis of accounting theories, specifically legitimacy theory, stakeholder theory, and institutional theory, in relation to the company Unilever. It explores how these theories influence Unilever's social, economic, and environmental disclosures and overall organizational activities. The report concludes that Unilever's reporting aligns with these theories, as evidenced by its CSR reports, which are available on the company's website. It also references academic works to support the analysis of the accounting theories.

Accounting
Assignment
Date : 16th January, 2019

Introduction
• The following assignment deals with accounting theories
and the analysis of the same with respect to the company
Unilever.

Legitimacy theory
• Legitimacy theory highlights the various social economic
and environmental disclosures that are influenced by the
boundaries of the society and it is in favor of the society

Stakeholder theory
• The stakeholder theory is a theory that aims to make sure
that the overall interests of the shareholders is maximized
but that should be within the limits of the law or social
values.

Institutional theory
• The institutional theory deals with impact that the
environment has on the organizational activities of a
company. It states that companies often act in a certain
manner and do certain activities that is influenced by the
environment in which they are operating.

Conclusion and Recommendation
• Based on all these theories we see that the company has
prepared the overall reports based on these accounting
theories and same has been studied through its overall
operations and its activities and the users can gain
knowledge about the same by studying the CSR reports
that is available on the website of the company

References
• Abdullah, W. & Said, R., 2017. Religious, Educational Background and Corporate
Crime Tolerance by Accounting Professionals. State-of-the-Art Theories and
Empirical Evidence, pp. 129-149.
• Boghossian, P., 2017. The Socratic method, defeasibility, and doxastic
responsibility. Educational Philosophy and Theory, 50(3), pp. 244-253.
• Cayon, E., Thorp, S. & Wu, E., 2017. Immunity and infection: Emerging and
developed market sovereign spreads over the Global Financial Crisis. Emerging
Markets Review.
• Charles H, C., Giovanna, M., Dennis M, P. & Robin W, R., 2015. CSR disclosure: the
more things change…?. Accounting, Auditing & Accountability Journal, 28(1), pp.
14-35.
• Coate, C. & Mitschow, M., 2017. Luca Pacioli and the Role of Accounting and
Business: Early Lessons in Social Responsibility. s.l.:s.n.