The Impact of Divorce on Children - 1482 Words

The Impact of Divorce on Children Emily Grandy Abstract The discussion entitled The Impact of Divorce on Children takes an in-depth look at the impact divorce has on children academics. Research has shown that children that have experienced divorce amongst their parents are two times as likely to repeat a grade level. In addition research has discovered children of divorced parents are five times as likely to be expelled or suspended from the school system. College students in research surveys have confessed that being from divorced family have affected their relationship with their parents, and other personal activities. The impact of divorce is not all negative in concerns to a child or adolescences academic performance. The†¦show more content†¦Researchers Jessica L. Bulduc, Sandra L. Caron, Mary Ellin Logue (2007), stated â€Å"Children are likely to have problems if there is a high level of conflict between the parents whether they remain married or divorce. In these cases, it would be illogical to think that the divorce pe r se caused the problems† (p. 85). This hypothesis has been debated by many experimenters. One of these critics is Marriage, Family and Child Counselor Jessica St. Clair. Jessica St. Clair (2007), argues that â€Å"In the early months after a divorce, young children especially, are less imaginative, more repetitive and passive watchers. They tend to be more dependent, demanding, unaffectionate and disobedient than children from intact families†. The most significant discovery that was found in the Bulduc etl. Study was that cross-sectional approximations often exaggerate the damaging consequence of parental divorce. Components of Research Study The sample used in the study consisted of 17 college students. The total broke down to being 12 females and 5 males. All of the students were enrolled in a public institution in the northeast. The students had parents who had gone through the divorce process while they were in college. The age range for the students was 19 through 23 and the median of the ages being 21. The school status of theShow MoreRelatedThe Impact Of Children On Children With Divorce1115 Words   |  5 Pagesbetter understanding of my topic, and how to answer my question. 1.5 million children deal with divorce every year. Researchers have found that only a relatively small percentage of children experience severe problems in the wake of divorce. Also, they have found that most children, after the initial blow of divorce, only suffer for a short period of time. Many children experience short-term negative effects from divorce. For example some of the effects include: anxiety, anger, shock and disbelie fRead MoreEssay on The Impact of Divorce on Children1446 Words   |  6 PagesDivorce, once unheard of among most people, is now a commonplace occurrence in families when the adults have decided that they can no longer work out their differences. Unfortunately, divorce tends to have a negative impact on the children in the family, particularly affecting children who already have psychological or emotional difficulties, such as ADHD (Patten, 1999). Problems that arise in children of divorce run the gamut from behavioral problems to later relationship/trust issues. ChildrenRead MoreThe Impact of Divorce on Children Essay806 Words   |  4 Pagessociety that has perhaps one of the highest rates of divorce amongst all other industrial nations at a rate averaging around 40 to 50 percent. Of that staggering rate of divorce, 60 percent of those involve children. Because of this, more than one million children go through their parents’ divorce each year. Now, during this time of divorce a great focus seems to be drawn between the adults, but at what point should we wonder about the children? What changes and potential consequences are thrustRead MoreThe Impact Of Divorce On Children And Adolescents3582 Words   |  15 PagesImpact of Divorce on Children and Adolescents Yauheni Silitski Georgia Gwinnett College Stephan Desrochers Abstract In the following paper, the various consequential effects of divorce upon children and adolescents and their development will be examined. The main purpose of this review is to determine the effects of the effects of the growing epidemic of divorce, what is happening to our children when they confront the reality ofRead MoreEssay about The Impact of Divorce on Children1401 Words   |  6 PagesThe Impact of Divorce on Children Divorce is the dissolution of a marriage that affects numerous people around the world. Divorce can be a heartbreaking process that affects not just the couple but their children also. I am going to be comparing the impact of divorce on children in context to Bronfenbrenner’s ecological theory. Individual The individual in this context is the child that is affected by the divorce of their parents. Studies show that divorce can affect a child’s social skills (KimRead MoreThe Impact Of Divorce On Children S Emotion844 Words   |  4 Pages Running head: THE IMPACT OF DIVORCE ON CHILDREN’S EMOTION The Impact of Divorce on Children Emotion Lateefah Abiri Houston community College (Alief) ACKNOWLEDGEMENT This research paper is made actualized through the support from everyone that include my family, teacher, classmates, HCCS-Alief Library staff and the hardworking men and women that devote their time to changing mankind through research and dissemination. Especially, please allow me to dedicateRead MoreDivorce and Its Impact on Cpuples and Children Essay932 Words   |  4 Pages The term divorce is a legal term that denotes the separation of two individuals in a legal manner that was once connected to each other as a result of marriage. Divorce can be a lifetime separation between couples and can even be a limited time separation between couples. Recently, the world has witnessed a surge in the number of divorces taking place and the occurrence of this event is even at its peak in the United States. The Center for Disease Control and Prevention reported during the periodRead MoreThe Impact of Divorce on Young Children and Adolescents Essay3826 Words   |  16 Pages For the past decades, divorce has been increasing dramatically throughout the United States; it is a common issue in this society. Approximately one million children experience divorce or parental separation every year(Shinoda, Kevin Seiji, 2001, La Mirada, pg. 9). Acco rding the 2000 census data, about 28% of divorce or separated parents, have at least one children who is under age of 6(Kim Leon Jul., 2003 pg. 258). Also, slightly more than half of all divorced children are under the age of 18Read MoreThe Impact of Divorce on Children and Family Dynamics Essays2068 Words   |  9 Pagestwo decades divorce has increased substantially leaving couples single and families broken. Divorce is the reality for many families as there is an increase in divorce rates, cohabitation rates, and the number of children raised in step and single marital families. Divorce cannot be overlooked as it negatively affects and impacts youngsters for the rest of their lives. Although it is the decision between two parents’s children are hurt the most in the process. The concept of divorce is extremelyRead MoreHow Divorce Impacts Children Under the Age of 182153 Words   |  9 PagesHow Divorce Impacts Children Under the Age of 18 F. Jeanpierre Psychology Abstract In this research you will see how divorce impacts children under the age of 18.   The effects are not universal. Divorce affects children differently based on their age, personality and sexuality. Divorce affects children both mentally and physically. In this research, you will see how divorce can impact children immediately as well as post divorce. I will start with  infants,  preschool age children, school-aged

Music and Film Jaws (1975) Free Essays

An opaque dorsal fin slices through the water. Camera-point-of-view on a young man splashing in the distance. The fin submerges. We will write a custom essay sample on Music and Film: Jaws (1975) or any similar topic only for you Order Now The sound track cranks up a notch: Dum- Dum – Dum – Dum – Dum – Dum..! Bubbles, white foam, glimpses of something large and foreboding thrashing in the waves. The music increases in its intensity: Dum-Dum-Dum-Dum-Dum-Dum-Dum..!   A red mist of blood that fogs the water. The audience in the movie theatre screams hysterically. A severed limb floats lazily to the ocean floor below. The music trails off. Dun-Dun-Dun-Dun-Dun-Dun. There have only been a handful of movies produced which contain a soundtrack that is not only instantly recognizable, but where the music also plays such an integral part in the film itself. Jaws (1975) is such a film. The movie successfully tapped into several human fears of the unknown and translated these phobias into a highly entertaining film that doesn’t talk down to its audience, nor uses violence gratuitously to get its point across. Commented Director Steven Spielberg: â€Å"†¦I think one of the reasons I made â€Å"Jaws† was because I was afraid of the water before I read the Peter Benchley book, and therefore I was the perfect candidate to direct this picture, because I have a tremendous amount of anxiety about the sea. Not so much about swimming pools or small ponds, but certainly about the eternal sea. I have a lot of anxiety, and my main anxiety stems from not being able to see my feet when I’m treading water. And what’s down there with me, and who’s nibbling on my toes. And I know how to express my fear cinematically. I’ve always been good at that, and I thought when â€Å"Jaws† came along, well, I   already have a tremendous fear of the ocean, and certainly a fear of sharks, and so I went to [producers] Dick Zanuck and David Brown and volunteered myself to direct the adaptation from the Benchley book†¦Ã¢â‚¬    (Excerpts from Steven Spielberg Interview) Composer John Williams — while no stranger to sound tracks for television and film (he’d already won an Oscar as music producer in 1971 for Fiddler on the Roof) — was just beginning to hit his stride on a musical odyssey that would see his movie soundtracks crack the Billboard music charts and sells millions. Almost unheard of for instrumental compositions, let alone for movie soundtracks. Williams saw something unique in the Spielberg rough-cut. He viewed the film as more  of an adventure and less as a traditional horror film. Recalled Williams in a conversation  with film producer Laurent Bouzereau:  Ã‚  Ã¢â‚¬Å"†¦This is like a pirate movie! I think we need  pirate music for this, because there’s something primal about it — but it’s also fun and  entertaining†¦Ã¢â‚¬  ( Lindahl, pg1 ) As the legend goes, Williams was previewing proposed music for the film on his piano, playing the basic structure for Spielberg and Bousereau and hammering out the now famous bars of impending doom on his piano keys. Spielberg thought Williams was kidding. â€Å"dum, dum, dum-dum, dum-dum, dum-dum†   The rest as they say, is history: At first I began to laugh, and I thought, â€Å"John  has a great sense of humor!† But he was  Ã‚  serious — that was the theme for Jaws. So he  Ã‚  played it again and again, and suddenly it  seemed right. Sometimes the best ideas are  Ã‚  the most simple ones and John had found a  signature for the entire score†¦Ã¢â‚¬ Ã‚  ( Lindahl, pg 1) Let it be said that the music in Jaws is effective because it’s not over used. By playing the Jaws theme only to foreshadow the presence of the shark, the music is much more effective. Several examples of this stand out. The music played in the scenes of families playing at the beach have an almost home town flavor to them. The music when the boats are setting out to capture the shark have a classical feel and one scene in particular – of a child playing in the water with a fake shark fin – has no music at all. Collectively, this contrast in musical styles plays to the audience’s advantage. They know in short order when they do hear the jaws theme that there’s no mistaking the fact that the shark is going to make an appearance. What is it about the movie Jaws and its music that sets it apart from so many other adventure and suspense films? Oddly enough, prior to the film’s premier there wasn’t a â€Å"genre’ for this type of film. Horror and suspense were considered â€Å"Category B or C†. In fact, after Jaws cracked 100 million dollars during its North American Box Office the genre of monster/animal/villain stalking its prey was firmly in place. Whose to say there’s not a little bit of Jaws in every film ranging from Rambo to Halloween? Certainly there are variations of John Williams film score in the above mentioned film and more. Stephen Spielberg has gone on record as saying that Jaws wouldn’t have been nearly as successful if it didn’t have the music it did. Plainly put, the music works. Would any other type of soundtrack so indelibly stamp an image on the subconscious of the  audience? Highly doubtful. The by-now famous â€Å"†¦dum, dum, dum-dum, dum-dum, dum-dum†¦Ã‚  Ã¢â‚¬Å"   creates an instant visual. But also serves as a metaphor for the shark’s excitement when it approaches its prey or when it approaches the boat of Robert Shaw. Critics can say what they will regarding John Williams score for Jaws. As a â€Å"piece of music† it is not the kind of score that allows for listening while lying down on the coach for example. It is music that conjures up images. There are several suites — if the term can be freely used – that showcase Williams versatility as a scorer of music and as a producer who knows how to grab his audience by the collar. When it comes to music that creates a sense of suspense and hysteria the loaded â€Å"Shark Cage Fugue† bears listening to more than once. Similar treatment is due â€Å"The Great Shark Chase† and the nearly five minutes long â€Å"Man Against Beast†, where renditions of the familiar theme appears and disappears, interwoven with the theme associated with the actual shark hunting. However, Williams’ use of Quint’s â€Å"sailor song† as a recurring theme is used to great effect as a vehicle to mark the captain’s inner resolution and character. He sings it when he is in a good mood, or when he needs to conjure up his muse: â€Å"†¦Farewell and a-do to you fair Spanish ladies, farewell and a-do to you ladies in Spain†¦Ã¢â‚¬    Williams interweaves this ditty at crucial parts of the film. Most notably when his ship â€Å"The Orca† is floundering and ready to sink. The shark is waiting â€Å"out there† somewhere and Quint is running out of luck. The music again — in this case not even the theme — is used to great effect. On a more technical note, it would be impossible to discuss the impact of the Jaws soundtrack on the film, without exploring how the music itself was packaged and made available to the public as a marketing tool. Andrew Drannon provides a valuable perspective on the issued soundtrack for Jaws, as well as an astute track by track breakdown of the music on it’s latest re-issue. Drannon mentions that the original Jaws score exists in three recordings: The original LP and a 1992 CD re-issue feature about half an hour of music that Williams rearranged and re-recorded for the sole purposes of the album, and this was for a long time the only available music from the picture. Drannon delves further into the music, saying: â€Å"†¦Film score collectors have been historically  Ã‚   quite adamant in their demands for complete releases of soundtracks, namely for the scores of John Williams, which so often leave out highlights of the music and place them into confusing suites.  To some, this may seem a bit unneeded, due to the fact that the original 35-minute LP album featured a great majority of the score, with a few of the shorter cues actually expanded into suites. Still, for the 25th anniversary of the film, Decca saw fit to rescue  the entire musical work, minus the album expansions for a 51-minute CD release. Fans will be elated due to the inclusion of almost 30 minutes of new material, including fantastic cues not used in the film, which make up for the loss of the infamous original album developments†¦Ã¢â‚¬  (Andrew Drannon pg 1) The final re-issue presents the jaws soundtrack into a more cohesive listening experience. Years after the film made its debut in theatres, after countless showings on television, after a Jaws Fest even, the music ha become an institution. There have been only a handful of films where the music has much such an impact: the James Bond franchise, Enrico Morricone with â€Å"The Good, The Bad and The Ugly, and possibly the Indiana Jones series. But none make the blood curl, create a knot in one’s stomach and send a chill up the spine like John Williams soundtrack for the original summer blockbuster, Jaws. References: Spielberg, Steven. Interview excerpts, Jaws 30th Anniversary Special Edition DVD linear notes, 2005 Lindahl, Andreas. Scoreviews.Com. Internet article. pg 1 1998 Ibid. pg 1 Drannon, Andrew. Decca Music Group Sound Tracks Review: Jaws 25th Anniversary Edition. Internet article. pg 1. 2000 How to cite Music and Film: Jaws (1975), Essay examples

Social Contract and Legitimacy Theory in Accounting †Free Samples

Question: Discuss about the Social Contract and Legitimacy Theory in Accounting. Answer: Introduction The report comprehensively examines the relationship between the Legitimacy Theory and the Social Contract Theory. In regards, several research findings indicate that Legitimacy theory dictates that businesses have an obligation to stand by the norms of the society it operates in. The social contract theory, on the other hand, stipulates the responsibilities of both parties towards stabilizing the commitments in the contract. Also, relevant information obtained from the research show that a positive correlation relationship exists between CSR disclosure and the performance of the corporations. Conversely, organizations are obliged take into perspective the vast eminence of their management in regards to the process, people and the character of and the extent of their impact on the society in a range of dimensions (Beaulieu, 2006). Simply put, organizations needs to identify its respective roles in the community and put into practice necessary responsible, legal, ethical, and social s tandards. The research was embedded on firms operation and the relationship between the services and the society. The Legitimacy theory is an active channel through which the concept of Social Contract can be examined, and the paper aims at integrating the most central issues about the topic. Legitimacy theory Legitimacy is a supposition designed that indicates the actions of an entity are proper, attractive and suitable within specific communally organized systems of definitions beliefs, values or norms. Consequently, the theory of legitimacy holds that for firms to maintain its relevancy and enhance its existence, they should comply by way of upholding a societys structure of norms and values. Simply put, for an organization to remain relevant, it must act to stay legitimate in the eyes of those it considers can affect legitimacy. One way through which this can be achieved is through voluntarily disclosing social and ecological information in corporate yearly reports. The reports content was centrally embedded on exploring new ideas and establishing new relationships with variables considered significant in the legitimacy theory (Omran Ramdhony, 2015). In relation, the report emphases that legitimacy theory provides useful insights to the topic of study. Another study was found on the subject which shed light on the theory. Subsequently, this was a cross examination of the years 1983-1997 of the corporate social and environmental disclosures of BHP. A test of Legitimacy theory was conducted to examine the social as well as environmental disclosures of a large Australian company. The idea of the study was to evaluate whether the social and the environmental disclosures of the company could be explain through the use of legitimacy theory and social contract (Rossi, 2014). Thus, this study unveiled that there exist a positive correlation between community concern and the companys disclosures in the annual report. A further analysis of the study revealed that negative media attention was dealt by management by releasing positive social and environmental information. Literature Review Organizations need to be transparent and accountable; this can be backed up with several arrays of arguments that have been used by severalaccounting scholars in support of the same. According to Lehman, the primary responsibility of a moral obligation is to provide additional information in publishedaccounting reports, this, however, is not for additional details and guidelines. Also, he suggested that the inclusion of environmental details is paramount and hence should be justified. In relation, if firms disregard the terms of the social contract that aims at enhancing the welfare of the society, they are to be charged with moral condemnation from the community itself. However, this act is not necessarily a threat to manipulate the firm so as to reform their actions. Consequently, the most effective strategy through which the one can certify that the provisions of the social contract are exclusively carried out is through having the conditions enforced (Chiu Wang, 2015). In most c ases, the enforcement is provided by the state. On the one hand, the fairness theory and political obligation point out that an organization is as much a citizen as well as it is in an individual. In this case, cooperations are diverse legal entities and their legal authority suggests that they hold more authority than any other citizen in regards to the activities of the state. Also, although organizations may not necessarily vote, their authority is particularly dominant in the political arena and consequently affects quality of lives and the general well-being of many people. This concept has remained open for endless debate on the topic. Several theories justify the political obligations of citizens. Examples are frequently based on gratitude advocated for by Simmons, utilitarianism by Bentham and the general will of Rousseau (Tilt Lubansky, 1999). The theory of political obligation is linked to the topic of study in that it considers the principles of fairness and it is also a alternative of the social contract theory. Subsequently, in social contract theory, a legal contract is used so as to limit political authority or in which political obligations are analyzed as a contractual requirement. The fairness principle is considered a version of the social contract theory due to the fact that it takes into accountability the extensive contribution of the two parties to the contract. In this case, a party may either be a firm or the state which in as a consequence of the combined enterprise set up by citizens provide definite potential remuneration. One objection to the theory is embedded challenges that are identical to all social contracts theories. Subsequently, this shows that few citizens meet necessary commitment levels. Relatively, other objections center on the challenge of defining the receipt of the potential profit by the people with no commitment whom can be held accountable so as to create obligations. Subsequently, it can be synthesized through the use of the theory of justice and in relation support the principle of fairness. Environmental accounting as well as Social can be justified on substantial basis such as justice or fairness and moral obligations; however, the power distribution in the community consequently allows organizations to ignore their obligations with no impending consequence (Casey Grenier, 2014). Therefore, it is only state regulations that can obtain the intended results. Subsequently, environmental laws are permissible on the foundations of moral duties and fairness. Also, there are arguments based on social accountability that are embedded on duty or the public and the rights of the community rights to basic information used to justify regulations by the state. Similarly, the moral duty which is normally at logger heads with our wish is often one that we appear to be most informed about (Prez, 2015). Through the ideas described in fairness theory, it can be justified that has the right to enforce taxation laws. Consequently, it does not issue the people who are liable to taxation t he right to withhold any form of imbursement. Also, even if one disagrees with the proposed used of the taxation money; he or she ill obliged to contribute to the maintenance of the enterprise. Simply put, the obligation one has remained intact regardless of the disapproval. This section of the paper will comprehensively analyze thought on Legitimacy Theory in precisely what is considered Social and Environmental Accounting. Consequently, Legitimacy theory has continued to be one of the most viral cited theories within the context environmental accounting area and of social dynamics. However, deep skepticism exists amongst several scholars that offer real insight into voluntary disclosures of corporations. Through analyzing recent developments in management and accounting literature on legitimacy important concepts can be deducted (Fernando Lawrence, 2014). It is important to highlight that the theory of the legitimacy does offer an important channel for understanding voluntary environmental and social disclosure organized by organizations. In connection, the knowledge will provide tools used to engage in critical public debate. The problem attached to the theory, however, is that the term has on many occasions used somewhat loosely. The failure to adeq uately specify the theory defines the common state of affairs which states that that many researchers will employ the concept of legitimacy, however, relatively few of them define exactly what it means (Alrazi, de Villiers van Staden, 2015). Additionally, the continuous dialogue around the environmental and social accounting literature helps to define the understanding of the Legitimacy theory. Another important issue to untangle is that there are two streams of legitimacy theory. The two streams are a macro theory of legitimacy which deals with how an organizational structure gains acceptance from the society. In regards to the same, institutionalization and legitimacy are considered virtually synonymous. This is attributed to the fact that both phenomena empower organizations through instilling meaningful and natural concepts. In the current operational environment, including the capitalist structure and the democratic government, it can be utilized as a static context in which t he research is embedded. The theory of Legitimacy suggests that disclosures by the CSR are linked to the procedure of legitimization; on the other hand, a theory referred to as the stakeholder theory offers explanations of accountability to stakeholders. Subsequently, this defines the nature of Legitimacy Theory as one which is suitable for organizations that are based in developed countries. Subsequently, the stakeholder theory is more applicable in organizations working in developing countries. The theory of Social Contract is more applicable in emerged or developed economies; CSR disclosure hence exists as a result of an inherent social contract between the society and business. Consequently, this dictates some indirect obligations of business towards the society it operates around (Cheng, et al., 2014). The research on environmental and social disclosures has continuously flourished in the past several years with reporting on Corporate Social Responsibility (CSR). The information obtained is considered a n asset complementing financial reporting to so as to reduce information asymmetry. It is also noticeable that not all theories that are applicable to voluntary reporting literature can be effectively used to indefinitely examine environmental and social reporting. Different types of information target different audience or users, an example include the strategic and financial information that are set for use by investors (Kuruppu Milne, 2014). In connection, the theory to be used should be embedded in the information disclosed section. Also, environmental and social information is by far arguably considered non-financial in nature. Social responsibilities in this context imply the responsibility of a businessman to pursue set policies, make decisions or to follow lines of actions considered desirable in regards to the objectives and the values of the society. Conversely, social responsibility also incorporates the economic, ethical, legal and expectations that the society expects from the organizations at a certain time (Ortas, Gallego?Alvarez lvarez , 2015). CSR deals with the techniques through which firms manage their business operations so as to provide results that are beneficial to the society. The interests of an organization must, therefore, be embedded on the interests of the customer, stakeholders, employees, community and the environmental considerations in several aspects of its operations. There are six chief initiatives through which CSR activities generate positive impacts on the firm: Corporations provide finances through corporate resources used to build awareness for social cause and volunteer recruitment for a cause Organizations donate a proportion of revenue to a specific cause that is embedded on the products sales Organizations advocate for the expansion or execution of a behavior change drive that aims at improving health, safety, and the environment as well as the community well-being Corporations add the quality of charity which is enacted in the form of cash donations and services Firms support retail partners or franchise members that volunteer time to support the local community organizations and the causes Finally, organizations also take part in the adoption and conduct business practices that support social causes that aim at improving the communitys well-being through protecting the environment Many researchers assert that Legitimacy Theory is embedded on the ideology that there exists a social contract between two parties, that is, an organization and the society in which it operates (Cheng, et al., 2014). As a result, organizations will try to legally legitimize its operations through the use of CSR reporting so as to get secure approval from the society, commonly examined under the societal approach, hence stabilizing the continuous existence. Most scholars define the social contract is a representation of myriad of expectations which dictate the societys expectations on how an organization should conduct itself (van, 2014). Consequently, legitimacy theory upholds the ideology that for corporations to maintain operating effectively, it should confine itself within the norms of socially responsible behavior. The authenticity of an organization will exclusively depend on the maintenance of the mutual relationships with its relevant stakeholders (Tilling, 2004). Accordingly , this is credited to the fact that the firm has obligations which include moral obligations to a wide range of stakeholders. In regards, CSR reporting has remained a central administration tool in the mounting complication of the concept of multinational business management. CSR also helps in integrating CSR activities into respective firms strategic risks management so that the impact can be minimized. One of the factors that impact employees decisions on where to work is the perception concerning how the company manages its tasks. As a result, publication of sustainability information is central in placing of a firm as a potential employer. In regards, the status enhances loyalty, reduce staff turnover and increases the potentiality of the organization to not only attract but also retain effective employees (Bonsn Bednrov, 2015). CSR activities and its disclosure, advance corporate performance and such there exists a positive relationship between financial performance and also t he CSR performance. One way through which this is attained is that CSR disclosure increases the admission to capital and shareholder values through fulfilling the expectations of the stakeholders. A new trend is also on the rise; now, investors choose to personally invest in firms that demonstrate high levels of CSR. Conclusion In summary, disclosures by CSR are central machinery that can be used to develop the potential effects of CSR on the repute of a corporation and also in signaling an improved social and environmental conduct. Research has proved that there exist a positive relationship between CSR disclosures and the reputation of a corporate which is embedded on a stakeholder approach (Panwar, Hansen Kozak, 2014). Relatively, Social Contract theory thinking based its historical precedence enacted in Rousseau, Locke and Hobbes. The theory also examines the company and society relationship from a theoretical contemplation. Consequently, an implicit social contract exists between the society and business and that the contract is categorically recognized as a form of indirect responsibility of the business towards the community. The societal approach is presented as a response to the varying conditions and the new corporate problems previously not witnessed such as the CSR. The concepts of social variables, social equity, and net social contributions include some of the most important concepts to be defined. Social components differ in terms of the social groups to which the company is supposed to be bound by the social contract. On the other hand, the net social contribution of an organization is the exclusive aggregation of the non-market contribution towards the general welfare of the society (Tilt Lubansky, 1999). As of the papers findings, social contract theory is most suitable in an emerged economy in which individuals can direct the available scarce resources to the most appropriate uppermost esteemed use and the government is limited in its effective end with no distortion of taxes. In this case, the worth of the money is conventional. References Alrazi, B., de Villiers, C., van Staden, C. J. (2015). A comprehensive literature review on, and the construction of a framework for, environmental legitimacy, accountability and proactivity. Journal of Cleaner Production, 102, 44-57. Beaulieu, S. (2006). Legitimation processes: an unavoidable component of CSR. Organizational Legitimacy, Visibility and the Antecedents of Corporate Social Performance. 32 Content analysis of sustainable development annual reports of CAC 40 French firms............. 34, 30. Bonsn, E., Bednrov, M. (2015). CSR reporting practices of Eurozone companies. Revista de Contabilidad, 18(2), 182-193. Burlea, A. S., Popa, I. (2013). Legitimacy Theory. In Encyclopedia of Corporate Social Responsibility (pp. 1579-1584). Springer Berlin Heidelberg. Casey, R. J., Grenier, J. H. (2014). Understanding and contributing to the enigma of corporate social responsibility (CSR) assurance in the United States. Auditing: A Journal of Practice Theory, 34(1), 97-130. Chan, M. C., Watson, J., Woodliff, D. (2014). Corporate governance quality and CSR disclosures. Journal of Business Ethics, 125(1), 59-73. Chelli, M., Durocher, S., Richard, J. (2014). France's new economic regulations: insights from institutional legitimacy theory. Accounting, Auditing Accountability Journal, 27(2), 283-316. Cheng, M., Green, W., Conradie, P., Konishi, N., Romi, A. (2014). The international integrated reporting framework: key issues and future research opportunities. Journal of International Financial Management Accounting, 25(1), 90-119. Chiu, T. K., Wang, Y. H. (2015). Determinants of social disclosure quality in Taiwan: an application of stakeholder theory. Journal of Business Ethics, 129(2), 379-398. Clegg, S. R., Kornberger, M., Pitsis, T. (2015). Managing and organizations: An introduction to theory and practice. Sage. Deegan, C. (2014). An overview of legitimacy theory as applied within the social and environmental accounting literature. Sustainability accounting and accountability, 248-272. Fernando, S., Lawrence, S. (2014). A theoretical framework for CSR practices: integrating legitimacy theory, stakeholder theory and institutional theory. Journal of Theoretical Accounting Research, 10(1), 149-178. Frynas, J. G., Stephens, S. (2015). Political corporate social responsibility: Reviewing theories and setting new agendas. International Journal of Management Reviews, 17(4), 483-509. Kuruppu, S., Milne, M. (2014). Managing reputation and maintaining legitimacy: Understanding a companys responses to sustainability. Working paper, University of Canterbury, NZ. Omran, M. A., Ramdhony, D. (2015). Theoretical perspectives on corporate social responsibility disclosure: a critical review. International Journal of Accounting and Financial Reporting, 5(2), 38-55. Ortas, E., lvarez, I., Jaussaud, J., Garayar, A. (2015). The impact of institutional and social context on corporate environmental, social and governance performance of companies committed to voluntary corporate social responsibility initiatives. Journal of Cleaner Production, 108, 673-684. Ortas, E., Gallego?Alvarez, I., lvarez Etxeberria, I. (2015). Financial factors influencing the quality of corporate social responsibility and environmental management disclosure: A quantile regression approach. Corporate Social Responsibility and Environmental Management, 22(6), 362-380. Panwar, R., Hansen, E., Kozak, R. (2014). Evaluating social and environmental issues by integrating the legitimacy gap with expectational gaps: An empirical assessment of the forest industry. Business Society, 53(6), 853-875. Prez, A. (2015). Corporate reputation and CSR reporting to stakeholders: Gaps in the literature and future lines of research. Corporate Communications: An International Journal, 20(1), 11-29. Ridley-Duff, R., Bull, M. (2015). Understanding social enterprise: Theory and practice. Sage. Rossi, E. (2014). Legitimacy, Democracy and Public Justification: Rawls Political Liberalism Versus Gaus Justificatory Liberalism. Res Publica, 20(1), 9-25. Tilling, M. V. (2004). Some thoughts on legitimacy theory in social and environmental accounting. Social and Environmental Accountability Journal, 24(2), 3-7. Tilt, C., Lubansky, G. (1999). The political obligations of corporations: justifying a role for the state in enforcing accountability. van Bommel, K. (2014). Towards a legitimate compromise? An exploration of integrated reporting in the Netherlands. Accounting, Auditing Accountability Journal, 27(7), 1157-1189.