... in the traditional Chinese philosophies. Findings Legalistic leaders enhance monitoring and control, through the flow and interpretation of accounting information, to retain power. However, rule-based accounting order, with rewards and punishment, may create emotional conflicts. The difficulties of implementing...

... Accepted Accounting Practice. © Emerald Group Publishing Limited 2006 Annual report Accounting information Generally accepted accounting practice International Financial reporting standards Qualitative characteristics Standard‐setting The usefulness of corporate annual reports in South...