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Karin Jonnergård
Professor emerita
![karin jonnergård. Photo.](/sites/lusem.lu.se/files/styles/lu_personal_page_desktop/public/2024-04/KarinJonnergrd.jpg.webp?itok=6v1YRGQS)
The unlikely root of stock market development : labour and professional influence on transparent accounting
Author
Summary, in English
The development of transparent accounting is often theoretically linked with the development of financial markets. In this paper we argue that such an understanding of transparent accounting does not necessarily consider the temporality of the historical context where transparent accounting is invented. To illustrate this argument we empirically investigate the raise of transparent accounting in Sweden during the 1960s and 1970s. This time-period in Sweden is characterised by underdeveloped financial markets and a strong stakeholder-orientation mostly aimed at economic democracy and strengthened employee voice in corporate decision-making. By providing an alternative understanding of transparent accounting to dominant law and economics scholarship, this paper contributes to our knowledge on the link between accounting and financial markets, especially regarding the role of other interest groups than shareholders influencing accounting development.
Department/s
- Department of Business Administration
Publishing year
2017
Language
English
Document type
Conference - other
Topic
- Business Administration
Conference name
SASE Annual Meeting
Conference date
2017-06-28 - 2017-06-30
Conference place
Nice, France
Status
Unpublished