Normative Isomorphism: The Role of International Networks for Convergence in Accounting Regulation

Abstract

Previous chapters have provided explanations for convergence of accounting regulation around the globe. Chapter 5 explained convergence in relation to the increasing globalisation and integration of financial markets. The perspective on convergence was extended by Chapter 6, where convergence was related to the mimicry behaviour of accounting regulators in times of crises and scandals. This chapter now looks at the structural foundations of accounting convergence, the creation and maintenance of networks in which normative ideas are disseminated.