Loading, please wait...
:

product description page

Political Standards : Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules

Political Standards : Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules - image 1 of 1

About this item

Assembling compelling and unprecedented evidence, Political Standards: Accounting for Legitimacy documents how in subtle ways the rules of corporate accounting—a critical institution in modern market capitalism—have been “captured” to benefit industrial corporations, financial firms, and audit firms.  In what is perhaps the only independent overview of the accounting industry, Karthik Ramanna begins with a history of corporate accounting and an accessible explanation of how it works today, including the essential roles it plays in defining the fundamental notion of profitability, facilitating asset allocation, and ensuring the accountability of corporations and their managers.  From the evidence, Ramanna shows how accounting rule-makers selectively co-opt conceptual arguments from academia and elsewhere to advance the views of the special-interest groups.  From this, Ramanna moves on to develop more broadly a new type of regulatory challenge—that of producing public policy in a “thin political market.” His argument is that accounting rules cannot be determined without the substantial expertise and experience of groups that by definition also have strong commercial interests in the outcome. Political Standards concludes with an exploration of possible solutions to the problem in accounting and that of thin political markets in general, charting avenues for scholarship and practice.  Certain to be an eye-opening account of a massive industry central to the modern business world, Political Standards will be an essential resource in understanding how the rules of the game business are set, whom they inevitably favor, and how they can be changed for the better of society.
Number of Pages: 277
Genre: Business + Money Management
Sub-Genre: Accounting / General, Finance
Format: Hardcover
Publisher: Univ of Chicago Pr
Author: Karthik Ramanna
Language: English
Street Date: November 9, 2015
TCIN: 50177440
UPC: 9780226210742
Item Number (DPCI): 248-03-5509
If the item details above aren’t accurate or complete, we want to know about it. Report incorrect product info.
$38.00
MSRPReg: $40.00 Save $2.00 (5% off)
Shipping
not available
Not in stores

Guest reviews

Prices, promotions, styles and availability may vary by store & online. See our price match guarantee. See how a store is chosen for you.


*See offer details. Restrictions apply. Pricing, promotions and availability may vary by location and at Target.com.