An Integrated Institutional Perspective

Adoption of Anglo-American Models of Corporate Governance and Financial Reporting in China

ISBN: 978-1-78350-898-3, eISBN: 978-1-78350-897-6

ISSN: 1479-3512

Publication date: 7 January 2015

Abstract

This chapter develops the theoretical framework used to inform the study, which is based largely on neoinstitutional theory. This monograph recognizes that a holistic perspective and richer insights are needed when examining complex issues associated with the adoption of internationally acceptable practices. The proposed theoretical framework incorporates international influences, domestic influences, and intraorganizational dynamics. In the context of globalization, China’s convergence with internationally acceptable principles and standards is largely shaped by international forces, including supranational organizations, foreign investors, and international accounting firms. Furthermore, in order to examine the operation of those imported ideas, it is essential to consider China’s contextual setting, which comprises the political system, economic system, legal system, social and cultural system, and accounting infrastructure. In addition, the convergence process is also influenced by interaction among organizational players who may actively mobilize their power to preserve the status quo and protect their power and interests. The outcome and the process of loose coupling deeply intertwine with and reflect upon international influences, domestic influences, and intraorganizational dynamics.

Keywords

Citation

(2015), "An Integrated Institutional Perspective", Adoption of Anglo-American Models of Corporate Governance and Financial Reporting in China (Studies in Managerial and Financial Accounting, Vol. 29), Emerald Group Publishing Limited, Bingley, pp. 73-96. https://doi.org/10.1108/S1479-351220150000029004

Publisher

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Emerald Group Publishing Limited

Copyright © 2015 Emerald Group Publishing Limited

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