Abstract
Theoretical and empirical evidence demonstrates that accounting choices are strongly influenced by national and organisational cultures. Following the discussion of previous chapter we argue that the family business constitutes a very flourishing field which is interesting to investigate particularly in terms of the role played by the culture on accounting choices. Moving from the first anthropological definitions of culture and grounding on the premises of prior literature, we develop a conceptual model on the influences of accounting and family cultures on accounting decisions. This chapter also considers accounting harmonisation and the literature on earnings management and culture. Finally, as in the previous part of the book, we close the chapter by presenting challenges and opportunities for future research, in particular on the interplay amongst family firms, accounting choices and culture.
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The data were retrieved from https://scholar.google.it/on October 1st, 2017.
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For a comment on Gianni Agnelli’s style read amongst others: https://www.gentlemansgazette.com/gianni-agnelli-style-gentleman/.
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Specifically, following Astrachan et al. (2002), the questionnaire relating to the Culture sub-scale focuses on the responses about: (1) The family influence on the business; (2) The family members level of values sharing; (3) The family and business level of values sharing; (4) The effort family members are willing to put in in order to help the family business to be successful; (5) The family support of the family business in discussions with friends, employees, and other family members; (6) The loyalty to the family business; (7) Compatibility of personal values with those of the business; (8) The pride of telling others that they are part of the family business; (9) The long-term participation with the family business; (10) The level of agreement with the family business goals, plans and policies; (11) The interest in the fate of the family business; (12) The impact on the life of the involvement with the family business; (13) The understanding and support of the family’s decisions regarding the future of the family business.
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Ferramosca, S., Ghio, A. (2018). The Relationship Between Accounting Choice and Family Business: What Is the Role of Culture?. In: Accounting Choices in Family Firms. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-73588-7_6
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