The Politics of Standard Setting

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.

Autorentext
Ulf Michael Thomas Luthardt studied business economics at the University of Bremen and at Saint Petersburg State University. He was a visiting researcher at Oxford University and a Marie-Curie research fellow at Tilburg University. He received his PhD from the University of Bremen in 2011.

Inhalt

Contents: Accounting regulation - Global governance - Legitimate authority.