Abstract
The regulation of financial accounting and reporting is dependent in many countries on the requirements of accounting standards. The topic of standard setting has attracted the attention of many researchers and there have been two main approaches to their investigations. One has been an institutional analysis approach which focuses on the nature and role of the standard setting body. The other has been a submissions analysis approach which examines the responses to proclamations issued by the standard setters. A minority of studies have attempted to capture the full reality of the standard setting process (Walker and Robinson, 1994; Rahman, Ng and Tower, 1994) and these have added greatly to our understanding of the dynamics and power relationships. This chapter contributes to this limited literature by examining the development, over 15 years, of a standard on related party transactions in the UK.
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Cottingham, J., Hussey, R. (2001). Related Party Transactions: A Case Study of Standard Setting in the UK. In: McLeay, S., Riccaboni, A. (eds) Contemporary Issues in Accounting Regulation. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4589-7_6
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DOI: https://doi.org/10.1007/978-1-4615-4589-7_6
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