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Fiji Sugar Corporation: a legitimacy theory perspective

The purpose of the study is to identify the strategies that Fiji Sugar Corporation Limited (FSC) has applied to receive Fiji Government’s ongoing financial support despite making continuous substantial losses over the years. Using a theoretical framework informed by legitimacy theory, the author...

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Main Authors: Mohammed Riaz Azam,, Ruvendra Kumar Nandan,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/16744/1/41717-154757-1-PB.pdf
http://journalarticle.ukm.my/16744/
https://ejournal.ukm.my/ajac/issue/view/1393
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spelling my-ukm.journal.167442021-06-10T01:41:25Z http://journalarticle.ukm.my/16744/ Fiji Sugar Corporation: a legitimacy theory perspective Mohammed Riaz Azam, Ruvendra Kumar Nandan, The purpose of the study is to identify the strategies that Fiji Sugar Corporation Limited (FSC) has applied to receive Fiji Government’s ongoing financial support despite making continuous substantial losses over the years. Using a theoretical framework informed by legitimacy theory, the authors predict the strategies used by FSC. The study applied qualitative document analysis method and examined archival data such as scholarly articles, newspaper articles, and annual reports’ data for the periods covering from 2014 to 2018. The means of triangulation was challenging as interviews with the relevant participants were not possible due to Covid-19 pandemic and lockdowns. The findings of the study highlight that FSC has strategically utilized its existence and continuation to emphasize the economic and social dislocation its closure will create to the people of Fiji who depend on the sugar industry for their livelihood. This strategy has enabled FSC to receive Government’s continued support together with the unachievable promises that FSC is making all these years which is to improve its financial performances. The findings also suggest that FSC has smartly accepted its operational failures but has manipulated the cause of the failures beyond its control. The study contributes to the academic discussion on the strategies that an organization can adopt to maintain its legitimacy and continuation. Penerbit Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/16744/1/41717-154757-1-PB.pdf Mohammed Riaz Azam, and Ruvendra Kumar Nandan, (2021) Fiji Sugar Corporation: a legitimacy theory perspective. Asian Journal of Accounting and Governance, 15 . pp. 1-9. ISSN 2180-3838 https://ejournal.ukm.my/ajac/issue/view/1393
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description The purpose of the study is to identify the strategies that Fiji Sugar Corporation Limited (FSC) has applied to receive Fiji Government’s ongoing financial support despite making continuous substantial losses over the years. Using a theoretical framework informed by legitimacy theory, the authors predict the strategies used by FSC. The study applied qualitative document analysis method and examined archival data such as scholarly articles, newspaper articles, and annual reports’ data for the periods covering from 2014 to 2018. The means of triangulation was challenging as interviews with the relevant participants were not possible due to Covid-19 pandemic and lockdowns. The findings of the study highlight that FSC has strategically utilized its existence and continuation to emphasize the economic and social dislocation its closure will create to the people of Fiji who depend on the sugar industry for their livelihood. This strategy has enabled FSC to receive Government’s continued support together with the unachievable promises that FSC is making all these years which is to improve its financial performances. The findings also suggest that FSC has smartly accepted its operational failures but has manipulated the cause of the failures beyond its control. The study contributes to the academic discussion on the strategies that an organization can adopt to maintain its legitimacy and continuation.
format Article
author Mohammed Riaz Azam,
Ruvendra Kumar Nandan,
spellingShingle Mohammed Riaz Azam,
Ruvendra Kumar Nandan,
Fiji Sugar Corporation: a legitimacy theory perspective
author_facet Mohammed Riaz Azam,
Ruvendra Kumar Nandan,
author_sort Mohammed Riaz Azam,
title Fiji Sugar Corporation: a legitimacy theory perspective
title_short Fiji Sugar Corporation: a legitimacy theory perspective
title_full Fiji Sugar Corporation: a legitimacy theory perspective
title_fullStr Fiji Sugar Corporation: a legitimacy theory perspective
title_full_unstemmed Fiji Sugar Corporation: a legitimacy theory perspective
title_sort fiji sugar corporation: a legitimacy theory perspective
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2021
url http://journalarticle.ukm.my/16744/1/41717-154757-1-PB.pdf
http://journalarticle.ukm.my/16744/
https://ejournal.ukm.my/ajac/issue/view/1393
_version_ 1702170871740760064
score 13.211869

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