Institutional work and regulatory change in the accounting profession

Files in This Item:
Access to this item has been restricted by the copyright holder until:2018-10-01
File Description SizeFormat 
Canning_&_O'Dwyer_2016.pdf742.9 kBAdobe PDFDownload
Title: Institutional work and regulatory change in the accounting profession
Authors: Canning, Mary
O'Dwyer, Brendan
Permanent link:
Date: Oct-2016
Abstract: Independent oversight bodies such as the PCAOB in the U.S. and the POB in the U.K. pervade the international accounting regulatory environment. Their existence has been hailed as marking an end to self-regulation of the accounting profession. This paper examines how, and with what effect, individuals within one such oversight body attempted to reconfigure the regulatory field of accounting in Ireland. We mobilise the concept of institutional work to theorise the interrelated nature of the forms of institutional work these individuals engaged in as they sought to realise regulatory change. The paper advances prior theorisations of the recursive relationship between different forms of institutional work and patterns of institutional change and stability. We unveil a more refined, nuanced categorisation of institutional work within efforts to instigate regulatory change. We show how specific forms of institutional work interact and mutually reinforce or displace one another as regulators seek to establish power and legitimacy in a regulatory field. The role and nature of work rejection e whereby regulators initially reject certain forms of work but later embrace them e is unveiled within a change process where shifting regulatory logics both shape and are shaped by the forms of institutional work undertaken. The paper provides a counterpoint to prior research by illustrating how socio-political factors enabled more than constrained the impact of the institutional work undertaken by individuals within an independent oversight body. It concludes with a call for research focusing on how targets of regulation in accounting engage in institutional work as they respond to efforts to restrict their autonomy.
Type of material: Journal Article
Publisher: Elsevier
Journal: Accounting, Organizations and Society
Volume: 54
Start page: 1
End page: 21
Copyright (published version): 2016 Elsevier
Keywords: Accounting professionInstitutional workRegulatory change
DOI: 10.1016/j.aos.2016.08.001
Language: en
Status of Item: Peer reviewed
Appears in Collections:Business Research Collection

Show full item record

Citations 20

Last Week
Last month
checked on Oct 20, 2018

Google ScholarTM



This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.