Skip to content

Free University of Bozen-Bolzano

Toggle the language menu. Current language: EN
People attending a research seminar

Event type Hybrid Event

Location Room BZ E3.22 | Universitätsplatz 1 - piazza Università, 1
Bozen
Location Information

Departments ECO Faculty

Contact Loris
loris.vigna@unibz.it

31 May 2024 12:00-13:00

The European Parliament and Populism in Global Accounting Regulation

Research Seminar - Prof. Holger Daske, University of Mannheim, discusses the literature on politics in accounting regulation

Event type Hybrid Event

Location Room BZ E3.22 | Universitätsplatz 1 - piazza Università, 1
Bozen
Location Information

Departments ECO Faculty

Contact Loris
loris.vigna@unibz.it

The literature on politics in accounting regulation describes regulatory capture and ideology as primary political forces. We combine theory on populism and the legitimacy of the IASB and predict that, in global accounting regulation, populism and its host ideologies are associated with politicians’ voting and debating on technical accounting issues. We analyze IFRS-related votes and debates in the EU parliament and find that populists, in general, are more likely to speak in debates, vote and argue against policies supporting the IASB and IFRS, and use rhetoric consistent with populism theory. Moreover, we find that left and right populists mostly use arguments consistent with their host ideologies, thus reaching the same conclusion based on distinct reasoning. Our findings are important because left and right populists’ criticism suggests different alternatives for an accounting regulation regime. We find evidence consistent with the causes of populism, such as voters’ exposure to globalization, fiscal austerity, or income inequality amplifying populists’ voting and debating behavior, and discuss to what extent global reporting regulation is vulnerable to the rise in populism.

For online participation, please register at the link below