文章基本信息

标题：The Westernisation of a financial reporting enforcement system in an emerging economy
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作者：Catalin Nicolae Albu ; Nadia Albu ; Sebastian Hoffmann 等
期刊名称：Accounting and Business Research
印刷版ISSN：0001-4788
电子版ISSN：2159-4260
出版年度：2021
卷号：51
期号：3
页码：271-297
DOI：10.1080/00014788.2020.1826897
语种：English
出版社：Taylor & Francis Group
摘要：Building on semi-structured interviews and publicly available documents in the realm ofaccounting, auditing and capital market regulation in Romania, this paper reviews andreflects on the prerequisites for, and conditions affecting the development of a financialreporting enforcement system (FRES) of Western origin in an emerging economy. It does soby examining institutional factors within and across the key components of the RomanianFRES, namely the engagement of the preparers and auditors of corporate financial reportsand their interactions with public oversight bodies. The creation and functioning of theRomanian FRES are driven by the dynamics between Western and local pushes and pulls.Western actors offered support, especially in terms of technical assistance and educationalprogrammes, but the Romanian government delayed the implementation of local supportmechanisms, such that practices and mindsets did not change initially. Although practicesand institutions have evolved since the country joined the European Union in 2007, thepursuit of a functional Western-based FRES remains an on-going process that is highlydependent on both the continuous external provision of adequate resources and theenrolment of national actors in the deployment of these resources.
关键词：institutional change;Romania;IFRS;enforcement