Question 3 The Legitimacy Theory can be applied to explain why an organisation might choose to make particular voluntary disclosures. Under the Legitimacy Theory, organisations will seek to ensure that their activities are operating in compliance with the social contract. Required: (a) What does the Legitimacy Theory and Social Contract have to do with an organisation's corporate disclosure policies?" Explain the above with reference to the Legitimacy Theory together with the concept of social contract, and their relation to corporate disclosure policies. (10 marks)