Opening up the politics of standard setting through discourse theory : the case of IFRS for SMEs. / Warren, Rebecca; Carter, David; Napier, Christopher.

In: Accounting, Auditing and Accountability Journal, 23.09.2019, p. 1-28.

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Opening up the politics of standard setting through discourse theory : the case of IFRS for SMEs. / Warren, Rebecca; Carter, David; Napier, Christopher.

In: Accounting, Auditing and Accountability Journal, 23.09.2019, p. 1-28.

Research output: Contribution to journalArticle

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Warren, Rebecca ; Carter, David ; Napier, Christopher. / Opening up the politics of standard setting through discourse theory : the case of IFRS for SMEs. In: Accounting, Auditing and Accountability Journal. 2019 ; pp. 1-28.

BibTeX

@article{91cc98e2d05647629d9ae9fd9b662285,
title = "Opening up the politics of standard setting through discourse theory: the case of IFRS for SMEs",
abstract = "Purpose: This paper investigates an element of the internal politics of standard setting by reference to the International Accounting Standards Board{\textquoteright}s [IASB] movement to the International Financial Reporting Standard for Small and Medium-Sized Entities [IFRS for SMEs]. We examine the politics of the IASB{\textquoteright}s expertise in technocratic governance by focusing on how the IASB defined SMEs, gave the standard a title and issued a guide for micro-entities. Methodology: Our narrative case study focuses on central {\textquoteleft}moments{\textquoteright} in the development of IFRS for SMEs. We employ Laclau and Mouffe{\textquoteright}s condensation, displacement and overdetermination to illustrate embedded politics in articulating IFRS for SMEs. Findings: We extend literature on the internal politics of standard setting, such as agenda setting, by examining the condensing of disagreements between experts and political pressures and processes into central decision moments in IFRS for SMEs. We illustrate these moments as overdetermined, manifesting in an act of displacement through the production of a micro-entity guide. This form of politics is hidden due to the IASB{\textquoteright}s attempt to protect their technocratic neutrality through fixing meaning. Originality/value: We make three contributions. First, overdetermination through condensation and displacement illustrates the embedded nature of politics in regulatory settings, such as the IASB. Second, we provide a theoretical explanation of the IASB{\textquoteright}s movement from listed entities to IFRS for SMEs, drawing on Laclau and Mouffe. Third, we reinforce the necessity of interrogating the internal politics of standard setting to challenge claims of technocracy. ",
keywords = "Condensation, Displacement, Overdetermination, IASB, IFRS for SMEs, Politics",
author = "Rebecca Warren and David Carter and Christopher Napier",
year = "2019",
month = sep,
day = "23",
doi = "10.1108/AAAJ-04-2018-3464",
language = "English",
pages = "1--28",
journal = "Accounting, Auditing and Accountability Journal",
issn = "0951-3574",
publisher = "Emerald Group Publishing Ltd.",

}

RIS

TY - JOUR

T1 - Opening up the politics of standard setting through discourse theory

T2 - the case of IFRS for SMEs

AU - Warren, Rebecca

AU - Carter, David

AU - Napier, Christopher

PY - 2019/9/23

Y1 - 2019/9/23

N2 - Purpose: This paper investigates an element of the internal politics of standard setting by reference to the International Accounting Standards Board’s [IASB] movement to the International Financial Reporting Standard for Small and Medium-Sized Entities [IFRS for SMEs]. We examine the politics of the IASB’s expertise in technocratic governance by focusing on how the IASB defined SMEs, gave the standard a title and issued a guide for micro-entities. Methodology: Our narrative case study focuses on central ‘moments’ in the development of IFRS for SMEs. We employ Laclau and Mouffe’s condensation, displacement and overdetermination to illustrate embedded politics in articulating IFRS for SMEs. Findings: We extend literature on the internal politics of standard setting, such as agenda setting, by examining the condensing of disagreements between experts and political pressures and processes into central decision moments in IFRS for SMEs. We illustrate these moments as overdetermined, manifesting in an act of displacement through the production of a micro-entity guide. This form of politics is hidden due to the IASB’s attempt to protect their technocratic neutrality through fixing meaning. Originality/value: We make three contributions. First, overdetermination through condensation and displacement illustrates the embedded nature of politics in regulatory settings, such as the IASB. Second, we provide a theoretical explanation of the IASB’s movement from listed entities to IFRS for SMEs, drawing on Laclau and Mouffe. Third, we reinforce the necessity of interrogating the internal politics of standard setting to challenge claims of technocracy.

AB - Purpose: This paper investigates an element of the internal politics of standard setting by reference to the International Accounting Standards Board’s [IASB] movement to the International Financial Reporting Standard for Small and Medium-Sized Entities [IFRS for SMEs]. We examine the politics of the IASB’s expertise in technocratic governance by focusing on how the IASB defined SMEs, gave the standard a title and issued a guide for micro-entities. Methodology: Our narrative case study focuses on central ‘moments’ in the development of IFRS for SMEs. We employ Laclau and Mouffe’s condensation, displacement and overdetermination to illustrate embedded politics in articulating IFRS for SMEs. Findings: We extend literature on the internal politics of standard setting, such as agenda setting, by examining the condensing of disagreements between experts and political pressures and processes into central decision moments in IFRS for SMEs. We illustrate these moments as overdetermined, manifesting in an act of displacement through the production of a micro-entity guide. This form of politics is hidden due to the IASB’s attempt to protect their technocratic neutrality through fixing meaning. Originality/value: We make three contributions. First, overdetermination through condensation and displacement illustrates the embedded nature of politics in regulatory settings, such as the IASB. Second, we provide a theoretical explanation of the IASB’s movement from listed entities to IFRS for SMEs, drawing on Laclau and Mouffe. Third, we reinforce the necessity of interrogating the internal politics of standard setting to challenge claims of technocracy.

KW - Condensation

KW - Displacement

KW - Overdetermination

KW - IASB

KW - IFRS for SMEs

KW - Politics

U2 - 10.1108/AAAJ-04-2018-3464

DO - 10.1108/AAAJ-04-2018-3464

M3 - Article

SP - 1

EP - 28

JO - Accounting, Auditing and Accountability Journal

JF - Accounting, Auditing and Accountability Journal

SN - 0951-3574

ER -