... of accounting standards, Nobes takes exception to our use of theory. He does not name the theory we use, so let us do so here: it is the social movement theory, which has a rich history in sociology. Nobes suggests that our paper is an example of the “theoretical engorgement” referred to by Guthrie and Parker...

... accounting rules in non-Western societies. China Accounting standards Fair value accounting Social movement theory China’s recent adoption of fair value accounting (FVA) into its national accounting standards has been like a roller coaster ride: from rigid historical cost accounting...