Its application will provide the empirical evidence to analyse the role of

Its application will provide the empirical evidence

This preview shows page 116 - 118 out of 354 pages.

At this stage, prediction is not an aim of the theoretical framework. Its application will provide the empirical evidence to analyse the role of collective actors. In conclusion, the epistemic community notion is a suitable concept to supplement MS and DI for a consideration of collective actors. 4.5 EPISTEMIC COMMUNITY IN THE ACCOUNTING LITERATURE A number of authors have recognised the influence of epistemic communities on accounting change. For example, Potter (2005, p. 278), citing Ryan (1998) and Young (1994), noted: “. . . epistemic communities can be influential in translating the ideas, perceptions and beliefs of those with legislative or non-legislative regulatory power to operationalize accounting change. Such communities can also exert significant influence on both the development and diffusion of specific accounting policies The concept has, however, only been used by a small number of authors in the financial accounting field 33 , including Christensen (2002, 2005), Christensen and Yoshimi (2001; 2003), Archer, Delvaille and McLeay (1996), Martinez-Diaz (2005), and Irvine, Cooper and Moerman (2011). Christensen used the concept of epistemic communities to investigate the introduction of accrual accounting and new valuation methods into the Australian and New South Wales public sector (Christensen 2002, 2005). The epistemic community was identified and united by a core belief that the public sector should use private sector accounting. Members of the epistemic community included private sector consulting firms, the profession and the standard setters. Christensen found that the most prominent members of the epistemic community were private sector consulting firms that had a 33 While not explici tly applying Haas’ concept of the epistemic community, Greenwood et al.’s (2002) work on professional associations and their role in theorising and legitimising accounting change was seminal and influential in considering the role of collective actors in accounting change and portrays similar concepts to those developed by Haas.
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103 significant impact on politicians and public servants of the New South Wales Government. Christensen and Yoshimi (2001; 2003) compared the influence of epistemic communities in Japan and Australia. They identified the epistemic community as private sector accounting firms that promoted the use of private sector accounting in the public sector. The study found that in the case of New South Wales, the epistemic community of private sector management firms were able to influence public sector accounting change significantly, whereas in Hokkaido, private sector management firms were resisted by the stronger networks between change averse government and business. The resistance, however, started to break down when accountability expectations rose (Christensen and Yoshimi 2003, pp. 79-80). Christensen and Yoshimi’s contribution lies in the comparative nature of their study. While the epistemic community in both countries comprised private sector accounting firms who lobbied for the introduction of accrual accounting in the public sector, the
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  • Fall '13
  • Government, The Land, International Financial Reporting Standards, Financial Accounting Standards Board, Australian Accounting Standards Board, Snow

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