Flower (2015) explains that the IIRC was initiated with the purpose of creating a globally accepted framework for accounting for sustainability (The Prince's Accounting for Sustainability Project and Global Reporting Initiative, 2010) but what ultimately eventuated is a framework for communicating to providers of financial capital the "ability of an organization to create value over time" (IIRC, 2013a, p.8). It seems that IIRC abandoned the sustainability agenda along the way. How would you explain the IIRC's change of focus in relation to integrated reporting? When constructing your answer use one or more theories to explain the reason(s) for IIRC's change of focus. You should conduct your own desk research to obtain supporting evidence and facts to strengthen your arguments and justify the appropriateness of the selected theory/theories. (approx. 1250 words) (15 marks) 2) Tweedie and Martinov-Bennie (2015) argue that integrated reporting as conceptualised by the IIRC upholds the entitlements of providers of financial capital over other stakeholders and organisational sustainability over social sustainability. a) Using an appropriate theory support the view that listed companies should focus on the information needs of financial capital providers over other stakeholders. You are required to draw on empirical research evidence to support your arguments. (approx. 500 words) (5 marks