Globalisation, Accounting and Developing Countries

Posted: 1 Jun 2017

See all articles by Trevor Hopper

Trevor Hopper

University of Sussex

Philippe Lassou

University of Guelph

Teerooven Soobaroyen

University of Essex - Essex Business School

Date Written: May 31, 2017

Abstract

Accounting is an instrument and an object in globalisation but its impact and manifestation is not uniform across Northern developed countries and Southern developing countries (DCs). This paper reviews contributions on globalisation, its influence on accounting in DCs, and identifies important research gaps. It examines the role of accounting in changing development policies, from state capitalism through neoliberal market-based and then good governance policies. It then examines specific accounting issues, namely the diffusion of International Accounting Standards (now International Financial Reporting Standards) and how they promote global neo-liberalism; the development of the accounting profession in DCs in the face of competition from Northern global accounting firms and professional associations; accounting issues in state-owned organisations, and privatised and multinational corporations; government accounting reforms and the resurrection of the state in DCs; social and environmental accounting issues; and the rise of non-governmental organisations and their accounting and accountability. The discussion and conclusions reflect on achievements to date and important areas requiring further development.

Keywords: globalisation, accounting, development, governance, poverty reduction

Suggested Citation

Hopper, Trevor and Lassou, Philippe Jacques Codjo and Soobaroyen, Teerooven, Globalisation, Accounting and Developing Countries (May 31, 2017). Critical Perspectives on Accounting, Vol. 43, No. 1, 2017, Available at SSRN: https://ssrn.com/abstract=2977945

Trevor Hopper

University of Sussex ( email )

Falmer, Brighton BN1 9SL
United Kingdom

Philippe Jacques Codjo Lassou (Contact Author)

University of Guelph ( email )

Guelph, Ontario
Canada
+15198244120 (Phone)

Teerooven Soobaroyen

University of Essex - Essex Business School ( email )

Wivenhoe Park
Colchester, CO4 3SQ
United Kingdom
01206874015 (Phone)
01206874015 (Fax)

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