... of auditor fees as an alternative proxy for high-quality audit; the infusing institutional difference hypothesis logic with legitimacy theory in explaining ESG disclosure attempts of countries in dissimilar markets; and the infusion of legitimacy theory with agency theory to emphasize the essential role...

... rights only Quality Agency theory Legitimacy theory Risk disclosure index Semantic properties The importance of high-quality risk disclosures needs no emphasis; they facilitate decision-making (Lajili and Zeghal, 2005 ; Miihkinen, 2012), provide useful inputs for assessing the risk...

... in CSR disclosures following changes in the market place of an emerging economy, lend some support to legitimacy theory's conjecture that CSR disclosures are used to reduce exposure arising from the public. Hence, this study suggests corporate legitimation practices, which were previously renowned...