Warren, Rebecca (2024) Maintaining and Extending Hegemony: the Politics of Accounting Standard Setting. Critical Perspectives on Accounting, 99. p. 102686. DOI https://doi.org/10.1016/j.cpa.2023.102686
Warren, Rebecca (2024) Maintaining and Extending Hegemony: the Politics of Accounting Standard Setting. Critical Perspectives on Accounting, 99. p. 102686. DOI https://doi.org/10.1016/j.cpa.2023.102686
Warren, Rebecca (2024) Maintaining and Extending Hegemony: the Politics of Accounting Standard Setting. Critical Perspectives on Accounting, 99. p. 102686. DOI https://doi.org/10.1016/j.cpa.2023.102686
Abstract
This paper offers a critical analysis of the politics of accounting standard setting. The International Accounting Standards Board (IASB) hold an increasingly monopolistic role in accounting regulation across the globe, and make claims to transparency, neutrality and superior expertise to legitimize their hegemonic position. In 2009 the IASB extended their standard setting beyond listed entities to the International Financial Reporting Standard for Small and Medium-Sized Entities (IFRS for SMEs). This paper explores the political antagonisms surrounding this extension, finding that the IASB undertook this project to block counter articulations from several bodies. To unpack the politics of the IASB's extension this paper draws on Laclau and Mouffe's hegemony and Glynos and Howarth's political logics, to argue that the IASB maintain and extend hegemony by dismissing and blocking alternatives through the rhetoric of superior expertise, which ultimately enables them to extend ideologies of advanced financial capital and capital markets to new spaces.
Item Type: | Article |
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Uncontrolled Keywords: | International Accounting Standards Board (IASB); Politics; Standard setting; Hegemony; Laclau and Mouffe |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 25 Jun 2024 15:28 |
Last Modified: | 30 Oct 2024 21:06 |
URI: | http://repository.essex.ac.uk/id/eprint/36852 |
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