The study is an encouraging use of the concept of epistemic communities Irvine

The study is an encouraging use of the concept of

This preview shows page 119 - 121 out of 354 pages.

processes by recognising the role of collective actors in political processes. The study is an encouraging use of the concept of epistemic communities. Irvine at al. (2011) investigated the role of an epistemic community as influencer and implementer of fair value accounting into the New South Wales local government. They identified the epistemic community as “accounting and financial professionals actually working at local council level, either as employees of local councils or as auditors…. [and] a shared understanding of the nature of the ultimate problem, which was the crisis in financial sustainability of local councils” (Irvine et al. 2011, p. 257). The authors combined the concept of the epistemic community with Hancher and Moran’s (1989) theory of regulatory space to explain how the epistemic community acted and influenced local government accounting standard setting within it. The epistemic community of this study is untypical, as it developed ‘by invitation’ of the New South Wales Department of Local Government after the decision to introduce fair value accounting had already been made. The study argued that the influence of the epistemic community was ‘limited’ to influencing the technical aspects of the accounting standard setting process and later providing advice in the implementation stage. They did not, however, influence the policy process in the agenda setting stage. The authors found that the epistemic community behaved in a co-operative rather than competitive manner and implied that the community was not political (Irvine et al. 2011, p. 267). This suggestion is problematic. Although the nature of political activity might not have been controversial, the focus on building and intensifying good relationships can also be seen as political behaviour.
Image of page 119
106 The reviewed studies highlight the importance of collective actors as epistemic communities for accounting change and in a public sector accounting context. They also highlight the importance of considering collective action within a broader institutional contest. 4.6 A NEW THEORETICAL FRAMEWORK: THE DISCURSIVE AGENDA SETTING FRAMEWORK 4.6.1 Integrating multiple streams and discursive institutionalism To develop a combined theoretical framework of MS with DI, the similarities and differences of both theories must be integrated. The basic elements of MS are: ideas (including alternatives ideas); three streams of problems, policy (including the policy community) and politics; and PEs who couple the three streams in windows of opportunities. The basic elements of DI are ideas (with a substantive dimension of normative and cognitive content); discourse (with an interactive dimension of coordination in the policy stream and communication in the political stream); and sentient agents (with background ideational abilities and foreground discursive abilities).
Image of page 120
Image of page 121

You've reached the end of your free preview.

Want to read all 354 pages?

  • Fall '13
  • Government, The Land, International Financial Reporting Standards, Financial Accounting Standards Board, Australian Accounting Standards Board, Snow

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors