I welcome the opportunity to provide some reflections on Michael Yaziji's paper, "Toward a Theory of Social Risk: Antecedents of Normative Delegitimation." The process of reflection allows me to review some ideas that have been fermenting in my head related to the concepts of legitimacy,...

Research into accounting risk-return relations largely relied on reference-based models of managerial choice. This focus ignores other explanations that may contribute to our understanding. Our study extends prior research by incorporating agency theory and implicit contracts theory into models...

Research into accounting risk-return relations largely relied on reference-based models of managerial choice. This focus ignores other explanations that may contribute to our understanding. Our study extends prior research by incorporating agency theory and implicit contracts theory into models...