According to stakeholder theory accounting information accounting disclosure practice.

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According to stakeholder theory, accounting information and disclosure practice is an important way to communicate with stakeholders. This is because stakeholders, such as investors and creditors, rely on accounting information to make informed decisions about the organization. Without transparent and accurate accounting information, stakeholders may have an incomplete or misleading picture of the organization's financial health and performance. Therefore, accounting information and disclosure practice is crucial for effective stakeholder communication and management.

According to Stakeholder Theory Accounting Information Accounting Disclosure Practice