{"id":"https://openalex.org/W2087893751","doi":"https://doi.org/10.1068/a3790","title":"Regulatory Capture in the Globalisation of Accounting Standards","display_name":"Regulatory Capture in the Globalisation of Accounting Standards","publication_year":2005,"publication_date":"2005-10-31","ids":{"openalex":"https://openalex.org/W2087893751","doi":"https://doi.org/10.1068/a3790","mag":"2087893751"},"language":"en","primary_location":{"id":"doi:10.1068/a3790","doi":"https://doi.org/10.1068/a3790","is_oa":false,"landing_page_url":"https://doi.org/10.1068/a3790","pdf_url":null,"source":{"id":"https://openalex.org/S87933477","display_name":"Environment and Planning A Economy and Space","issn_l":"0308-518X","issn":["0308-518X","1472-3409"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","fnege-2","jufo-3","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environment and Planning A: Economy and Space","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030359694","display_name":"Jayne M. Godfrey","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I56590836","display_name":"Monash University","ror":"https://ror.org/02bfwt286","country_code":"AU","type":"education","lineage":["https://openalex.org/I56590836"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Jayne M Godfrey","raw_affiliation_strings":["Department of Accounting and Finance, Monash University, Victoria 3800, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting and Finance, Monash University, Victoria 3800, Australia","institution_ids":["https://openalex.org/I56590836"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5014070935","display_name":"Ian Langfield\u2010Smith","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I56590836","display_name":"Monash University","ror":"https://ror.org/02bfwt286","country_code":"AU","type":"education","lineage":["https://openalex.org/I56590836"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Ian A Langfield-Smith","raw_affiliation_strings":["Department of Accounting and Finance, Monash University, Victoria 3800, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting and Finance, Monash University, Victoria 3800, Australia","institution_ids":["https://openalex.org/I56590836"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5014070935","https://openalex.org/A5030359694"],"corresponding_institution_ids":["https://openalex.org/I56590836"],"apc_list":{"value":3900,"currency":"USD","value_usd":3900},"apc_paid":null,"fwci":11.272,"has_fulltext":false,"cited_by_count":30,"citation_normalized_percentile":{"value":0.97990006,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"37","issue":"11","first_page":"1975","last_page":"1993"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13366","display_name":"Accounting Theory and Financial Reporting","score":0.8217999935150146,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13366","display_name":"Accounting Theory and Financial Reporting","score":0.8217999935150146,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.14100000262260437,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.012500000186264515,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/regulatory-capture","display_name":"regulatory capture","score":0.9980000257492065},{"id":"https://openalex.org/keywords/accounting-standard-setting","display_name":"accounting standard setting","score":0.859000027179718},{"id":"https://openalex.org/keywords/international-financial-reporting-standards","display_name":"IFRS","score":0.8700000047683716},{"id":"https://openalex.org/keywords/iasb","display_name":"IASB","score":0.8270000219345093},{"id":"https://openalex.org/keywords/political-influence-on-regulation","display_name":"political influence on regulation","score":0.6290000081062317},{"id":"https://openalex.org/keywords/us-accounting-standards","display_name":"US accounting standards","score":0.6330000162124634},{"id":"https://openalex.org/keywords/eu-accounting-standards","display_name":"EU accounting standards","score":0.8759999871253967},{"id":"https://openalex.org/keywords/australia","display_name":"Australia","score":0.3140000104904175}],"concepts":[{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.7508902549743652},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.6578353643417358},{"id":"https://openalex.org/C128769094","wikidata":"https://www.wikidata.org/wiki/Q1779838","display_name":"Accounting standard","level":4,"score":0.632612943649292},{"id":"https://openalex.org/C2778587509","wikidata":"https://www.wikidata.org/wiki/Q176831","display_name":"International Financial Reporting Standards","level":2,"score":0.6155192255973816},{"id":"https://openalex.org/C2119116","wikidata":"https://www.wikidata.org/wiki/Q7181","display_name":"Globalization","level":2,"score":0.5829527378082275},{"id":"https://openalex.org/C2776436953","wikidata":"https://www.wikidata.org/wiki/Q5163215","display_name":"Consistency (knowledge bases)","level":2,"score":0.5779981017112732},{"id":"https://openalex.org/C151913843","wikidata":"https://www.wikidata.org/wiki/Q3454555","display_name":"Dominance (genetics)","level":3,"score":0.546669602394104},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.5084337592124939},{"id":"https://openalex.org/C544937707","wikidata":"https://www.wikidata.org/wiki/Q949180","display_name":"Financial accounting","level":3,"score":0.49393659830093384},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.45863401889801025},{"id":"https://openalex.org/C190832808","wikidata":"https://www.wikidata.org/wiki/Q1900567","display_name":"Mark-to-market accounting","level":4,"score":0.44420355558395386},{"id":"https://openalex.org/C163867264","wikidata":"https://www.wikidata.org/wiki/Q4672792","display_name":"Accounting information system","level":2,"score":0.43956291675567627},{"id":"https://openalex.org/C24416426","wikidata":"https://www.wikidata.org/wiki/Q5508878","display_name":"Fund accounting","level":4,"score":0.4383031129837036},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41936230659484863},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.33471643924713135},{"id":"https://openalex.org/C155202549","wikidata":"https://www.wikidata.org/wiki/Q178803","display_name":"International trade","level":1,"score":0.32002532482147217},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.13600468635559082},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1068/a3790","doi":"https://doi.org/10.1068/a3790","is_oa":false,"landing_page_url":"https://doi.org/10.1068/a3790","pdf_url":null,"source":{"id":"https://openalex.org/S87933477","display_name":"Environment and Planning A Economy and Space","issn_l":"0308-518X","issn":["0308-518X","1472-3409"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","fnege-2","jufo-3","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environment and Planning A: Economy and Space","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:pio:envira:v:37:y:2005:i:11:p:1975-1993","doi":null,"is_oa":false,"landing_page_url":"http://www.envplan.com/abstract.cgi?id=a3790","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:sae:envira:v:37:y:2005:i:11:p:1975-1993","doi":null,"is_oa":false,"landing_page_url":"https://journals.sagepub.com/doi/10.1068/a3790","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:openresearch-repository.anu.edu.au:1885/24450","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/1885/24450","pdf_url":null,"source":{"id":"https://openalex.org/S4306402539","display_name":"ANU Open Research (Australian National University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I118347636","host_organization_name":"Australian National University","host_organization_lineage":["https://openalex.org/I118347636"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Environment and Planning A","raw_type":"Journal article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.6601999998092651}],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.44999998807907104}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W561390222","https://openalex.org/W1492155385","https://openalex.org/W1528893402","https://openalex.org/W1547809761","https://openalex.org/W1787861977","https://openalex.org/W1969519191","https://openalex.org/W1970210932","https://openalex.org/W2015655028","https://openalex.org/W2018430259","https://openalex.org/W2021389827","https://openalex.org/W2117310965","https://openalex.org/W2163889225","https://openalex.org/W3121759882","https://openalex.org/W3122169581","https://openalex.org/W4205946977","https://openalex.org/W4232511515","https://openalex.org/W4301800351"],"related_works":["https://openalex.org/W2163889225","https://openalex.org/W1714544697","https://openalex.org/W2015655028","https://openalex.org/W58155838","https://openalex.org/W2600295742","https://openalex.org/W2016134434","https://openalex.org/W7029409004","https://openalex.org/W1542106534","https://openalex.org/W4313161953","https://openalex.org/W1540360622"],"abstract_inverted_index":{"The":[0,23],"Australian":[1,31],"Financial":[2,36],"Reporting":[3,37],"Council":[4],"recently":[5],"shocked":[6],"the":[7,17,42,55,58,62,79,84,110,112,116,166,196,200],"world":[8],"business":[9],"community":[10],"by":[11,41,52,159],"unexpectedly":[12],"announcing":[13],"a":[14,72,102,152,170,173,179,183],"change":[15,24,80],"in":[16,104,115,142,182,194],"nation's":[18,175],"approach":[19],"to":[20,47,93,127,168,209],"global-accounting-standards":[21],"development.":[22],"involved":[25],"switching":[26],"from":[27],"ensuring":[28],"consistency":[29],"of":[30,50,57,68,125,172,185],"accounting":[32,85,118],"standards":[33],"with":[34,71],"International":[35,43],"Standards":[38,45],"(IFRSs)":[39],"developed":[40,64],"Accounting":[44],"Board":[46],"outright":[48],"adoption":[49],"IFRSs":[51],"2005.":[53],"At":[54],"time":[56],"announcement,":[59],"Australia":[60],"had":[61],"most":[63],"international":[65,155,189],"harmonisation":[66],"programme":[67],"any":[69],"country":[70],"well-developed":[73],"financial":[74],"reporting":[75],"system.":[76],"Events":[77],"surrounding":[78],"demonstrate":[81],"how":[82],"political":[83,143,205],"standard-setting":[86,119],"process":[87],"can":[88],"be":[89],"as":[90,99],"it":[91,100],"continues":[92],"receive":[94],"front-page":[95],"media":[96],"attention,":[97],"and":[98,106,131,136,144,154,188,199,214],"provides":[101],"platform":[103],"parliamentary":[105],"electoral":[107],"debate.":[108],"In":[109],"meantime,":[111],"US":[113],"role":[114,181],"global":[117],"arena":[120],"has":[121],"moved":[122],"through":[123],"phases":[124],"indifference":[126],"potential":[128],"active":[129],"dominance,":[130],"European":[132,201],"influences":[133,146,206],"have":[134],"waxed":[135],"waned.":[137],"We":[138,163],"examine":[139],"whether":[140],"swings":[141],"regulatory":[145,160,176],"that":[147],"occur":[148],"when":[149],"globalisation":[150],"becomes":[151],"national":[153,187],"goal":[156],"are":[157],"explained":[158],"capture":[161],"theory.":[162],"also":[164],"address":[165],"extent":[167],"which":[169],"subset":[171],"single":[174],"system":[177],"plays":[178],"key":[180],"series":[184],"larger":[186],"games.":[190],"Drawing":[191],"upon":[192],"experiences":[193],"Australia,":[195],"United":[197],"States,":[198],"Union,":[202],"we":[203],"identify":[204],"on":[207],"initiatives":[208],"reform":[210],"accounting-standard-setting":[211],"environments,":[212],"policies,":[213],"processes.":[215]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":2}],"updated_date":"2026-08-21T09:56:20.448147","created_date":"2016-06-24T00:00:00"}