Positive Accounting Theory

a) The bank unveiled a plan to tackle residential argona of interests concerns so that it would be seen in a more compulsory light. Because banks offer services which atomic number 18 so essential (providing an opportunity to exploit customers), they deal with blue levels of customers and primarily make for extended profits. Also, interest rates naturally undulate between high and low levels (controlled by the g everywherenment to monitor inflation - not the individual banks). For these reasons they have developed a generally fearful reputation with the humanity (exacerbated by ascribe Union advertisements etc). By making this voluntary disclo surely to the public, ANZ is severe to win over customers by showing their concerns for the community. This is an ex antiophthalmic factorle of positive Accounting guess ( satiny) - a theory which attempts to explain and pretend how groups in an governing body (eg. management, owners, creditors; stakeholders) will interact wit h iodine another. In this case, ANZ has made a voluntary social divine revelation to the public (ie. its customers) in pasture to s oftentimes the snow of the governmental costs which be often enforce on banks. b) Because the majority of the voting public are also customers of atomic number 53 of the big four banks in Australia (Commonwealth, NAB, ANZ & Westpac), external political costs are often imposed on the banking industry. Because banks make such large profits, they are seen as villains by the public - providing a big target for politicians to look at at.

PAT predicts that governments will act in a stylus to cheer the vo ting public so that they will verification ! in power. This article draws particular reference to the fact that it is an election category - this means that politicians make particular efforts to make sure that they are seen as bringing the big bad banks into line. c) Yes, I think that community concern would... Sources are not stated. They mustiness be to give its authenticity. Wasnt arranged coherently. Poorly Done.. These seem to be answers to questions...Where are the questions? If you want to get a full essay, nightclub it on our website: BestEssayCheap.com

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