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The Politics of Standard Setting - Reflections on the Legitimacy of Accounting Procedures in Europe (Paperback, New edition)
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The Politics of Standard Setting - Reflections on the Legitimacy of Accounting Procedures in Europe (Paperback, New edition)
Series: Europaeische Hochschulschriften / European University Studies / Publications Universitaires Europeennes, 3401
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The European regulation of financial reporting has substantially
changed. Both the contents of accounting standards and the
regulatory framework governing the setting of these standards are
novel. In particular, the transfer of legislative competencies to a
privately organized body, the International Accounting Standards
Board, is a major deviation from formerly established national
practice. This study explores the way of private-public governance
from a political perspective. Building on models of democracy, the
book develops a procedural account of legitimate authority and
subsequently evaluates the new governance regime.
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