Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

The development of accounting regulations for foreign invested firms in China: The role of Chinese characteristics

Ezzamel, Mahmoud and Xiao, Jason Zezhong 2015. The development of accounting regulations for foreign invested firms in China: The role of Chinese characteristics. Accounting Organizations and Society 44 , pp. 60-84. 10.1016/j.aos.2015.05.005

[img]
Preview
PDF - Accepted Post-Print Version
Download (642kB) | Preview

Abstract

Drawing on actor network theory (ANT), this paper analyses the role of Chinese characteristics in the emergence of three accounting regulations for foreign invested firms (FIFs) as part of China’s recent transformation to become part of the “world order”. The paper examines how international accounting standards (IAS) and existing Chinese accounting were translated into new regulations for FIFs, and how these translations were shaped by malleable interpretations of Chinese characteristics. Chinese characteristics were a discursive obligatory passage point (OPP) rendered malleable through cognition and the sanctions of political authority to suit the interests of actors seeking to produce new accounting regulations. Chinese characteristics were a signifier that carved out a space for local networks to attain their identity and retain some measure of independence from global networks, shaped the construction of each accounting regulation for FIFs into an attractive package, and influenced the adaptation and transformation of those elements of Western accounting that arrived into China. In turn, IAS became part of the discursive field on accounting regulation that helped mediate the shifts in the interpretation of Chinese characteristics over time.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce > HF5601 Accounting
Additional Information: This journal has an embargo period of 36 months (https://www.elsevier.com/journals/accounting-organizations-and-society/0361-3682/open-access-options).
Publisher: Elsevier
ISSN: 0361-3682
Funders: ICAS
Date of First Compliant Deposit: 10 June 2016
Last Modified: 26 Jun 2018 10:43
URI: http://orca-mwe.cf.ac.uk/id/eprint/74327

Citation Data

Cited 13 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item

Downloads

Downloads per month over past year

View more statistics