Question: Hi there, I need help with this question. QUESTION 1: The study by Heidhues & Patel (2011) (refer article) highlights some limitations of Gray's (1988)

Hi there, I need help with this question.

QUESTION 1:

The study by Heidhues & Patel (2011) (refer article) highlights some limitations of Gray's (1988) model of accounting values, as well as some concerns regarding the application of Gray's model in accounting research.

a)briefly describe these limitations in the Gray model identified by Heidhues & Patel.

b)Identify from the article, the concerns that have been raised regarding the use of Gray's model as a theoretical basis for accounting research?

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