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1.a) What is a social contract and how does it relate to organisational legitimacy? b) Explain two ways organisations can use corporate disclosure policy to

1.a) What is a social contract and how does it relate to organisational legitimacy? b) Explain two ways organisations can use corporate disclosure policy to maintain or regain organisational legitimacy? 2. If the directors of a large listed Australian company consider that the application of a particular accounting standard is not appropriate to their circumstances, what should they do? Do they have to comply with accounting standards? Explain. Add the references at the last

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