Template-Type: ReDIF-Article 1.0 Author-Name: Tony Tinker Author-X-Name-First: Tony Author-X-Name-Last: Tinker Author-Name: Adeoye Afolabi Author-X-Name-First: Adeoye Author-X-Name-Last: Afolabi Author-Name: Abdelkader Derbali Author-X-Name-First: Abdelkader Author-X-Name-Last: Derbali Author-Name: Aida Sy Author-X-Name-First: Aida Author-X-Name-Last: Sy Title: Ponzi schemes and California pyramids Ponzi schemes and Home-Stake Abstract: In this paper, we investigate the cases of accounting and business fraud known as Ponzi schemes. These cases studies have been done several decades ago by Professor Tony Tinker. But, notwithstanding Tinker's warning, some corporations and some corporate executives still believe, they are above the law and are using accounting to mislead shareholders and mismanage the corporate finances. The case of Bernard Madoff, a CPA, is an example. Journal: Int. J. of Critical Accounting Pages: 1-14 Issue: 1 Volume: 10 Year: 2018 Keywords: Ponzi schemes; critical analysis of accounting; fraud; audits of corporations; California; US economies. File-URL: http://www.inderscience.com/link.php?id=91159 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:1:p:1-14 Template-Type: ReDIF-Article 1.0 Author-Name: Mary Claire Mahaney Author-X-Name-First: Mary Claire Author-X-Name-Last: Mahaney Author-Name: Murray Bryant Author-X-Name-First: Murray Author-X-Name-Last: Bryant Title: Great expectations: a regulatory promise unfulfilled Abstract: The primary goal of the US Securities and Exchange Commission (SEC) is to protect investors by deterring wrongdoing resulting in investor loss. The SEC deters wrongdoing in two ways: by threatening penalties and signalling illegal behaviour. If the SEC does not hold individuals accountable or if it is unclear what actions are illegal, wrongdoing will continue. Consent decrees have become the SEC's enforcement norm. Through negotiation both the defendant and the agency avoid costs and save time, but individuals responsible for wrongdoing have largely avoided personal accountability. Although firms have introduced clawback provisions into executive contracts, evidence shows that boards of directors largely have not activated clawbacks. Boards must hold employees personally responsible; thus boards should design executive contracts that clearly state the rationale for clawbacks and a means by which their amounts - amounts both fair and in the best interests of the corporation - can be established. Journal: Int. J. of Critical Accounting Pages: 15-41 Issue: 1 Volume: 10 Year: 2018 Keywords: Securities and Exchange Commission; SEC; regulatory; consent decree; neither admit nor deny; corporate governance; executive compensation; clawback; board; director; employee; fiduciary; wrongdoing; risk; accounting; critical accounting. File-URL: http://www.inderscience.com/link.php?id=91175 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:1:p:15-41 Template-Type: ReDIF-Article 1.0 Author-Name: Allam Mohammed Hamdan Author-X-Name-First: Allam Mohammed Author-X-Name-Last: Hamdan Title: Dividend policy, agency costs and board independence Abstract: This study aims to investigate the moderation role of board independence on the relationship between dividend policy and agency costs. We develop a formal model of a firm that chooses a dividend to minimise the sum of its agency costs of paying dividends with the role independent outsiders board members. The study used panel data with random-effect model for 237 firms from four Gulf Cooperation Council (henceforth, GCC) countries: Bahrain, Oman, Saudi Arabia and United Arab Emirates for a period of 13 years from 2003-2015. We find that dividends are positively related to asset utilisation, the GCC firms resort to dividend policy in order to reduce free cash flow, eventually reducing agency costs. Furthermore, the findings revealed that the inclusion of board independence as a moderating variable has influenced positively the relationship between dividend policy and reducing agency costs. Journal: Int. J. of Critical Accounting Pages: 42-58 Issue: 1 Volume: 10 Year: 2018 Keywords: dividend policy; board independence; GCC countries; agency costs. File-URL: http://www.inderscience.com/link.php?id=91180 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:1:p:42-58 Template-Type: ReDIF-Article 1.0 Author-Name: Barine Michael Nwidobie Author-X-Name-First: Barine Michael Author-X-Name-Last: Nwidobie Title: Determinants of voluntary tax compliant behaviours in Nigeria Abstract: This study aims to identify the factors that motivate individual taxpayers' compliance to fiscal obligations in Nigeria. 695 individual and corporate taxpayers in the densely populated and industrial areas of Lagos and Ogun States with high numbers of individual taxpayers were sampled for this study using the cluster sampling technique. Primary data obtained from administered questionnaires were analysed using the ordinary least squares (OLS). Research results show that fear of punishment for tax default, religious beliefs and economic factors have positive relationships with tax compliance; while penalty, financial commitments, level of income, developmental projects/programmes of government and perceived benefits of tax has negative relationships with tax compliance. These results necessitate increased taxpayer education about liabilities of default and developmental benefits of tax payments in religious assemblies and community development associations. Tax rates should float with the level of economic activities to minimise fiscal liabilities in periods of economic downturns and increase compliance. Journal: Int. J. of Critical Accounting Pages: 59-69 Issue: 1 Volume: 10 Year: 2018 Keywords: fiscal responsibility; tax awareness; tax compliance; tax education; tax equity; tax fairness; tax morale; compliant behaviours; Nigeria. File-URL: http://www.inderscience.com/link.php?id=91181 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:1:p:59-69 Template-Type: ReDIF-Article 1.0 Author-Name: Bernard Baimwera Author-X-Name-First: Bernard Author-X-Name-Last: Baimwera Author-Name: David Wangombe Author-X-Name-First: David Author-X-Name-Last: Wangombe Title: A reflection on the role of carbon markets in climate governance in Kenya Abstract: Carbon markets with international carbon offsets have been designed to channel carbon finance for climate change management to poor and developing countries. With the threat of climate change becoming more real and economically untenable, the global carbon markets have become a key response mechanism for mitigating climate change. However, the reasons given as to why carbon markets are good ways to respond to climate change do not explain why such markets have flourished as governance mechanisms in relation to climate. Moreover, carbon markets have not been easily accessible to poor and developing countries, which are more vulnerable to the impacts of climate change. The extent to which these markets have benefited poor and developing countries, especially in Africa, has been put to question. Subsequent changes to carbon financial architecture by the Paris climate agreement is likely to have even more compounding effects for developing countries and the legal and policy frameworks they will adopt for their climate governance. Journal: Int. J. of Critical Accounting Pages: 70-96 Issue: 1 Volume: 10 Year: 2018 Keywords: carbon markets; climate governance; carbon finance; climate change; Kenya. File-URL: http://www.inderscience.com/link.php?id=91182 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:1:p:70-96 Template-Type: ReDIF-Article 1.0 Author-Name: Madeline Trimble Author-X-Name-First: Madeline Author-X-Name-Last: Trimble Title: Politically connected firms and the effectiveness of International Financial Reporting Standards adoption Abstract: In response to the ongoing debate about whether IFRS has improved accounting quality, I introduce a new firm-level determinant of effective IFRS adoption: the political connectedness of a firm. Established political connections recognise value from firms, which they reward with shielding from enforcement agencies and/or providing financial resources outside of capital markets. By using the exogenous shock of mandatory IFRS adoption in the EU, I isolate the effect that political connections have on discretionary accounting choices. I find that although accounting quality is ex ante and ex post lower for politically connected firms with top executives in federal roles, there is no incremental difference in the positive effect of IFRS adoption relative to non-connecting firms. This finding suggests that political connections are not fully immune to IFRS effects, and yet the role of political connections is not completely negated by mandated IFRS adoption. Journal: Int. J. of Critical Accounting Pages: 97-129 Issue: 2 Volume: 10 Year: 2018 Keywords: International Financial Reporting Standards; IFRS; IFRS adoption; political connections; accounting quality; earnings management; EU; IASB; enforcement. File-URL: http://www.inderscience.com/link.php?id=92319 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:2:p:97-129 Template-Type: ReDIF-Article 1.0 Author-Name: Fathi Jouini Author-X-Name-First: Fathi Author-X-Name-Last: Jouini Author-Name: Marwa Saied Author-X-Name-First: Marwa Author-X-Name-Last: Saied Title: Effect and interaction between external audit quality and ownership structure on earnings management for listed French companies Abstract: This study examines the effect of the interaction between audit quality variables and the ownership structure on earnings management based on a sample of 86 French companies listed on the stock exchange in the SBF 120 during 2010-2013. We conclude on one hand that the interaction between auditor reputation and the concentration of capital negatively affects earnings management and on the other hand, the interaction between auditor reputation and the size of float has a positive effect on earnings management. Also, the interaction between auditor seniority and the percentage of the voting rights held by the public reduces the practice of earnings management. For the effect of the interaction between auditor reputation and institutional investors, we find a negative and significant effect on the earnings management. Journal: Int. J. of Critical Accounting Pages: 130-151 Issue: 2 Volume: 10 Year: 2018 Keywords: auditor reputation; auditor seniority; ownership structure; earning management; external audit quality. File-URL: http://www.inderscience.com/link.php?id=92322 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:2:p:130-151 Template-Type: ReDIF-Article 1.0 Author-Name: Babonyire Adafula Author-X-Name-First: Babonyire Author-X-Name-Last: Adafula Author-Name: Williams Abayaawien Atuilik Author-X-Name-First: Williams Abayaawien Author-X-Name-Last: Atuilik Author-Name: John Kwaku Amoh Author-X-Name-First: John Kwaku Author-X-Name-Last: Amoh Title: Protecting the questionably knowledgeable user of accounting information: a defence of paternalism in the accounting profession Abstract: The accounting profession has drawn and continues to draw criticisms from the downsides of paternalism based on libertarian economic views and the false assumption of the ability of people to make rational choices that are in their best interest. The modest goal of this paper is to call for a rethink in views on the paternalistic characterisation of the accounting profession. We argue that the accounting professional possesses specialised skill, expertise, and training for which he/she is hired by the client. Second, we assert that a prerequisite for understanding and use of accounting information is 'reasonable knowledge of business and commerce'. The justifications for the paternalistic orientation of the accounting profession are overwhelmingly persuasive. The paper therefore asserts that the proto-paternalistic posture of the accounting profession is an ineluctable phenomenon. Contemporary demands for reporting complex transactions and the incessant calls for stringent oversight of accounting practice make paternalism compelling. Journal: Int. J. of Critical Accounting Pages: 152-168 Issue: 2 Volume: 10 Year: 2018 Keywords: agency; accounting practice; paternalism; professionalism. File-URL: http://www.inderscience.com/link.php?id=92331 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:2:p:152-168 Template-Type: ReDIF-Article 1.0 Author-Name: Kieran James Author-X-Name-First: Kieran Author-X-Name-Last: James Author-Name: Jenny Kwai-Sim Leung Author-X-Name-First: Jenny Kwai-Sim Author-X-Name-Last: Leung Title: On the relationship between Catholicism and Marxism Abstract: This article contains a previously unpublished essay of personal reflections on the relationship between Catholicism and Marxism. The essay includes a critique of the social teaching encyclicals written by Cardinal Joseph Ratzinger and Pope John Paul II in the 1980s. We will see how John Paul II subtly incorporated some of the key ideas of the liberation theologians into the official body of Roman Catholic social teaching after 1986. This article should help younger researchers who might be interested in but are struggling with Catholic social teaching and/or Marxism in either theoretical and/or practical realms. This is especially important given that some Marxist authors within critical accounting are near or past retirement age and there is a real risk that the understandings of Marxist theory which they had will be lost to the discipline. We also look at some potential research topic areas which a developing country-based researcher could profitably explore using a Marxist perspective with a special focus on Fiji Islands, Indonesia and Singapore. Journal: Int. J. of Critical Accounting Pages: 169-191 Issue: 2 Volume: 10 Year: 2018 Keywords: catholic social teaching; critical accounting; Fiji Islands; John Paul II; liberation theology; Marxian economics; Marxism; Roman Catholicism. File-URL: http://www.inderscience.com/link.php?id=92335 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:2:p:169-191 Template-Type: ReDIF-Article 1.0 Author-Name: Riyadh Al-Abdullah Author-X-Name-First: Riyadh Author-X-Name-Last: Al-Abdullah Author-Name: Ibtihaj I. Yaqoob Author-X-Name-First: Ibtihaj I. Author-X-Name-Last: Yaqoob Author-Name: Rawan H.N. Atwa Author-X-Name-First: Rawan H.N. Author-X-Name-Last: Atwa Author-Name: Ruba M.M. Bsoul Author-X-Name-First: Ruba M.M. Author-X-Name-Last: Bsoul Title: The motives behind the alleged ability of Hofstede's cultural values in predicting sub-cultural values: the case of Iraqi forensic accountants' mentally held characteristics as sub-cultural values Abstract: Ostensibly, the most important constituent of Hofstede's theory on culture is the claim that his system of six pairs of cultural values can be used to predict sub-cultural values. Eighteen mentally held characteristics by an Iraqi forensic accountant are used as sub-cultural values. Based on the scores assigned by Hofstede to the Iraq dominant cultural values, the alleged predictive ability indoctrinate Iraqis to have an inferiority complex about their culture. Three different tests are used to check the predictive ability claimed by Hofstede. The three tests generate results that render Hofstede's claim on the predictive ability of cultural values to be invalid. On the other hand, a pure theoretical evaluation of the Hofstede's system of six pair of cultural values reveals that the purpose behind the alleged predictive ability is to indirectly promote the superiority of the cash wealth maximisation culture. Thus, believe that you are inferior and the cure is ready, i.e., cash wealth maximisation camouflaged in a system of six pairs of cultural values. Journal: Int. J. of Critical Accounting Pages: 274-339 Issue: 3/4 Volume: 10 Year: 2018 Keywords: cultural values; sub-cultural values; cash wealth maximisation; forensic accountant; predictive ability; Hofstede; mentally held characteristics. File-URL: http://www.inderscience.com/link.php?id=93058 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:274-339 Template-Type: ReDIF-Article 1.0 Author-Name: Louis Ndjetcheu Author-X-Name-First: Louis Author-X-Name-Last: Ndjetcheu Title: Accounting models challenged by environmental preoccupations: an analysis based on the OHADA accounting law Abstract: Recently there have been several articles focusing on environmental accounting in developed countries. On the contrary, findings which analyse this phenomenon in francophone Africa are rare, if not inexistent. The objective of this article is to re-examine the OHADA accounting model following the ratification of several laws and conventions by most of these countries and which regulate the propagation of environmental and social information by some African enterprises whose activities have negative consequences on the society. A qualitative analysis of the chart of accounts and OHADA financial statements based on a grill emulated from the study of Ernst and Ernst (1978) enables to suggest that the OHADA model does not conform to the different laws and conventions relative to environmental issues. This enables us to confirm that in OHADA countries the legal framework is in advance with respect to accounting law. This remark is a reflection of the bad governance of the OHADA institution in terms of adaption of the accounting model faced with the needs of the users and environmental transformations. Journal: Int. J. of Critical Accounting Pages: 206-223 Issue: 3/4 Volume: 10 Year: 2018 Keywords: accounting model; environment; OHADA; environmental accounting; governance. File-URL: http://www.inderscience.com/link.php?id=93059 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:206-223 Template-Type: ReDIF-Article 1.0 Author-Name: Carol M. Graham Author-X-Name-First: Carol M. Author-X-Name-Last: Graham Author-Name: Todd L. Sayre Author-X-Name-First: Todd L. Author-X-Name-Last: Sayre Title: How the balance sheet misrepresents shareholder claims and undermines the entity perspective Abstract: While the revised conceptual framework issued by the FASB and the IASB states that an entity perspective is appropriate for financial reporting, the framework nevertheless still contains elements that are inconsistent with this perspective. This paper aims to contribute to the discourse around financial reporting perspective by examining the shareholder-centric focus inherent in the traditional balance sheet. We argue that the current balance sheet configuration presents a potentially misleading characterisation of shareholder claims. We suggest that shareholders do not own the corporation, its undistributed profit or the underlying assets. Journal: Int. J. of Critical Accounting Pages: 193-205 Issue: 3/4 Volume: 10 Year: 2018 Keywords: shareholder claims; balance sheet; legal ownership; critical accounting. File-URL: http://www.inderscience.com/link.php?id=93060 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:193-205 Template-Type: ReDIF-Article 1.0 Author-Name: Gunnar Wahlström Author-X-Name-First: Gunnar Author-X-Name-Last: Wahlström Title: When and why do collective heuristics perform well? The case of the interbank market Abstract: This study explains how senior bank managers in two of the worlds' 100 greatest banks act and react on the interbank market. Interviews with senior managers revealed that top management was continuously monitoring other banks. As a crisis appeared to be unfolding, top executives took a step forward and withdrew credit to certain other banks, sidestepping <i>the formal hierarchical credit process used in normal times</i>. This behaviour enabled fast action - a necessity in time-limited crises. Their fast action meant that the two banks had none of the losses experienced in other banks during the global financial crisis of 2007-2009. Journal: Int. J. of Critical Accounting Pages: 224-240 Issue: 3/4 Volume: 10 Year: 2018 Keywords: Heuristic rules; inductive study; bank runs; interbank market. File-URL: http://www.inderscience.com/link.php?id=93061 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:224-240 Template-Type: ReDIF-Article 1.0 Author-Name: Abdalmuttaleb M.A. Musleh Al-Sartawi Author-X-Name-First: Abdalmuttaleb M.A. Musleh Author-X-Name-Last: Al-Sartawi Title: Institutional ownership, social responsibility, corporate governance and online financial disclosure Abstract: A number of factors have been derived by the agency theory framework such as ownership structure, institutional ownership (INO), and corporate governance (CG), which can be used to explain the differences in the level of online financial disclosure. Corporate governance is greatly welcomed in business practices of today along with corporate social responsibility (CSR) reporting patterns to bridge the gaps of business failings and indiscretions noticed in the materiality of issues reported. Consequently, this study aims to investigate the relationship between these regulating tools and online financial disclosure in the GCC; hence, contributing empirical evidence to interested parties - users, preparers, regulators and researchers in the GCC countries about the importance and the benefits of the online financial disclosure in attracting investors and in maintaining the rights of the users and the shareholders of financial information. The results indicate that the total level of OFD was 77%, where it has is a positive and significant relationship with corporate governance. The results also found a significant relationship between OFD and firm size, leverage and industry type. Finally, the study recommends that policy makers and regulators make use of information from this research in setting new policies on online financial disclosure. Journal: Int. J. of Critical Accounting Pages: 241-256 Issue: 3/4 Volume: 10 Year: 2018 Keywords: online financial disclosure; institutional ownership; corporate governance; corporate social responsibility; CSR. File-URL: http://www.inderscience.com/link.php?id=93063 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:241-256 Template-Type: ReDIF-Article 1.0 Author-Name: Abdallah Ali-Nakyea Author-X-Name-First: Abdallah Author-X-Name-Last: Ali-Nakyea Author-Name: John Kwaku Amoh Author-X-Name-First: John Kwaku Author-X-Name-Last: Amoh Title: Have the generous tax incentives in the natural resource sector been commensurate with FDI flows? A critical analysis from an emerging economy Abstract: Even though Ghana is well endowed with many natural resources, the country's economy is characterised by high budget deficits, rising debt-to-gross domestic product (GDP) ratios, persistent trade and current account deficits, and unemployment. Consequently, the country continues to rely on foreign direct investment (FDI) to drive economic growth. The paper sought to examine whether the generous tax incentives have been commensurate with FDI flows. The study relied on data from world development indicators (WDI) and Ghana Revenue Authority (GRA) to justify the need to relook at the commensurate gains of FDI flows in response to tax incentives. The paper found that despite numerous justifications for a tax incentive policy to attract FDI flows, their efficacy to attract commensurate with FDI flows is doubtful. We conclude that tax incentives to multinational companies (MNCs) have not had their desired impact; hence, policy makers should rather create the enabling investment environment to attract FDIs. Journal: Int. J. of Critical Accounting Pages: 257-273 Issue: 3/4 Volume: 10 Year: 2018 Keywords: tax incentives; investment; natural resources; sustainable; development; economic growth; critical accounting. File-URL: http://www.inderscience.com/link.php?id=93064 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:3/4:p:257-273 Template-Type: ReDIF-Article 1.0 Author-Name: Sudhir C. Lodh Author-X-Name-First: Sudhir C. Author-X-Name-Last: Lodh Title: Conventional accounting in determining an enterprise's wealth: sign or referent - a theoretical discourse for augmentation Abstract: This paper is an attempt to assess the duality check of wealth determination through contemporary corporate reporting. In enhancing such a theory of interest, it is argued that there is a necessity to use <i>methodical discretions</i>; which ultimately can 'inform and reflect the implicit epistemology and metaphysics' (Ravenscroft and Williams, 2009) of our discipline of accounting. From extant accounting literature using two metaphors - <i>sign</i> and <i>referent</i> (Baudrillard, 1983, 1994a, 1994b); in a dynamic environment, it is argued that prevalent accounting standards such as IFRS (or otherwise) are considered to be <i>signs</i> and have <i>epistemic objectivity</i>. That is, the determination of wealth (in accounting) based on the current <i>signs</i> is objective. At the referent level, it is argued that the determination of wealth for an enterprise is considered to be subjective; which, <i>as always</i>, requires augmentation. Journal: Int. J. of Critical Accounting Pages: 341-362 Issue: 5 Volume: 10 Year: 2018 Keywords: the accounting equation; augmented accounting framework; confidence accounting; fair value; corporate reporting; integrated reporting. File-URL: http://www.inderscience.com/link.php?id=96749 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:5:p:341-362 Template-Type: ReDIF-Article 1.0 Author-Name: Roy Liff Author-X-Name-First: Roy Author-X-Name-Last: Liff Author-Name: Gunnar Wahlström Author-X-Name-First: Gunnar Author-X-Name-Last: Wahlström Title: The relevance of valuation principles in a financial crisis: senior bank managers' evaluations of other banks on the interbank market Abstract: This article examines senior bank managers' evaluations of other banks in the interbank market during times of financial crisis. We conclude that the fair value principle demands greater awareness of the need for reputational monitoring, evaluation by thick trust and scepticism towards numbers. Monitoring during crisis includes neither historical cost nor fair value numbers, because numbers are distrusted. Consequently, valuation principles may not explain contagion effects during crisis. Journal: Int. J. of Critical Accounting Pages: 363-379 Issue: 5 Volume: 10 Year: 2018 Keywords: bank; financial crisis; contagion effects; interbank market; senior bank managers; trust; financial accounting; fair value; historical cost; evaluation; valuation principles. File-URL: http://www.inderscience.com/link.php?id=96766 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:5:p:363-379 Template-Type: ReDIF-Article 1.0 Author-Name: Juliana Gonçalves De Araújo Author-X-Name-First: Juliana Gonçalves De Author-X-Name-Last: Araújo Author-Name: Francisco José Sobreira De Matos Author-X-Name-First: Francisco José Sobreira De Author-X-Name-Last: Matos Author-Name: João Gabriel Nascimento De Araújo Author-X-Name-First: João Gabriel Nascimento De Author-X-Name-Last: Araújo Title: Accounting as a tool for maintenance of bureaucratic domination Abstract: This study was based on bibliographical research, based on Weber's framework, aiming to discuss the existing relationship between accounting science and bureaucratic domination perpetuated by the model of rational companies. Weber's contributions in the literature on domination and power, as well as the analysis of its forms, are presented, not departing from the foundation of the origin of modern capitalism. In addition, the concepts derived from the accounting and its relations with the bureaucratic aspects of Weber are presented, given the strategy adopted of this study the literary revision. The discussion of this study evidences the intrinsic participation of legal, impersonal and rational aspects to the accounting. In addition, the study brings contributions to add such aspects in proposed organisational models, such as that presented by Alves (2003). Journal: Int. J. of Critical Accounting Pages: 380-393 Issue: 5 Volume: 10 Year: 2018 Keywords: bureaucracy; accounting; domination; critical accounting; Weber. File-URL: http://www.inderscience.com/link.php?id=96779 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:5:p:380-393 Template-Type: ReDIF-Article 1.0 Author-Name: Eduardo Rivera Vicencio Author-X-Name-First: Eduardo Rivera Author-X-Name-Last: Vicencio Title: Conformation of the primitive accumulation and capitalist spirit. Theory of corporate governmentality Abstract: The contribution of this work is to describe the conformation of the primitive accumulation, taking as a central theme the capitalist spirit. In this way, different characteristics of the dominant discourse on the capitalist spirit are addressed, as well as institutions to which some authors attribute a fundamental importance in the development of capitalism. In this process of description, manifestations of power relations are incorporated, which help to partially break down what Foucault calls capitalist governmentality, from a critical economic perspective. In this work, the conformation of primitive accumulation is treated as part of the conformation of capitalist governmentality. This is how, through the characteristics and institutions of the capitalist spirit and with the support of economic and historical aspects, one finds the real institutionalised elements of the origin of capitalism and primitive accumulation such as dispossession, slavery, corruption, speculation and the perpetuation of social differences. Journal: Int. J. of Critical Accounting Pages: 394-425 Issue: 5 Volume: 10 Year: 2018 Keywords: primitive accumulation; capitalist spirit; transition of feudalism to capitalism; capitalist governmentality; colonialism; plundering; slavery; corruption; speculation; Foucault. File-URL: http://www.inderscience.com/link.php?id=96783 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijcrac:v:10:y:2018:i:5:p:394-425