Towards an Understanding of the Role of Standard Setters in Standard Setting

DSpace/Manakin Repository

Towards an Understanding of the Role of Standard Setters in Standard Setting

Citable link to this page

 

 
Title: Towards an Understanding of the Role of Standard Setters in Standard Setting
Author: Allen, Abigail Mcintosh; Ramanna, Karthik

Note: Order does not necessarily reflect citation order of authors.

Citation: Allen, Abigail M., and Karthik Ramanna. "Towards an Understanding of the Role of Standard Setters in Standard Setting." Journal of Accounting & Economics 55, no. 1 (February 2013).
Full Text & Related Files:
Abstract: We investigate the effect of standard setters in standard setting: we examine how certain professional and political characteristics of FASB members and SEC commissioners predict the accounting "reliability" and "relevance" of proposed standards. Notably, we find FASB members with backgrounds in financial services are more likely to propose standards that decrease "reliability" and increase "relevance," partly due to their tendency to propose fair-value methods. We find opposite results for FASB members affiliated with the Democratic Party, although only when excluding a financial-services background as an independent variable. Jackknife procedures show that results are robust to omitting any individual standard setter.
Published Version: http://dx.doi.org/10.1016/j.jacceco.2012.05.003
Terms of Use: This article is made available under the terms and conditions applicable to Open Access Policy Articles, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#OAP
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:11320611
Downloads of this work:

Show full Dublin Core record

This item appears in the following Collection(s)

 
 

Search DASH


Advanced Search
 
 

Submitters