ACC 320 contemporary accounting issues identify a relevant accounting issue, apply theoretical frameworks to the issue and develop testable hypothesis/es Harvard referencing style (10 academic...

Climate Change
Climate Change
ACC620 Contemporary Issues in Accounting
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Contents
Introduction    3
Practical Motivation    3
Theoretical Motivation    4
Literature Review    4
Hypotheses    8
Theoretical Model    9
References    10
Introduction
The issue of climate change and carbon emissions has become the focus of the company's debate. It is important to determine the relationship between management and climate change related issues. The main reason is based on the responsibility of top management in reducing total carbon emissions. This research will involve all stakeholders in government and public institutions to explore relevant stakeholder theories. Amcor is a main worldwide packaging manufacturer, giving a wide scope of plastic, fiber, metal and glass bundling items, just as bundling related administrations. In February 2010, Amcor finished a significant procurement, coordinating in excess of 70 areas of Alcan Packaging into Amcor. After the securing, Amcor utilized ecologically neighbourly plastic items to decrease carbon emanations.
Practical Motivation
The issues of environmental change and carbon decrease are significant for training, since partner interest assists with anticipating data about carbon decrease associations and decide the degree of the board required for this duty (Andrew and Cortese, 2011). Environmental change is fundamental to chiefs, bookkeepers, controllers and the public in light of the fact that their particular choices will influence the fate of others. Stakeholder theory and stakeholder participation determine the level of direct responsibility of an organization based on power and urgency. Stakeholders of the organization are required to find meaningful research results for people, competitors and managers (Boesso and Kumar, 2016).
Theoretical Motivation
This research use stakeholder theory to simply address the dimensions of the shareholder decision-making. The main concept of the theory states that the decisions of one person or one person affect the goals of the entire organization (Depoers, Jeanjean and Jérôme, 2014). The basis of this research is the decision-making power of stakeholders and the urgency of tightening decision-making. There are many potential gaps and conflicts in stakeholder power theory. Mr. Tang demonstrated potential management gaps and conducted research on 144 Chinese SMEs to discover the relationship between government and competitors in stakeholder decision-making (Andrew and Cortese, 2011). This research provides theoretical impetus to address the gaps of stakeholders and their impact on the company's environment. This research will help reduce the gap between the power of stakeholders and organizational responsibility to reduce carbon emissions.
Literature Review
The total amount of carbon emissions is the total index of the organization's carbon disclosure (Depoers, Jeanjean and Jérôme, 2014). This can predict how much work an organization can successfully accomplish in reducing its carbon footprint to a desired value. Climate change depends on the relationship between stakeholders as well as determines organizational environment. These variables are interrelated because if there is an accountability system in the company or organization, stakeholder decisions will be made based on rationality (Guenther, Guenther, Schiemann and Weber, 2015).
Another reasonable reason is that the company has the responsibility to hold management accountable. Climate change is an important issue of concern to company stakeholders and managers....