Global Governance In Accounting »

JOCHEN ZIMMERMANN is Professor of Accounting at Bremen University, Germany. His research focuses on comparative accounting, studying the institutions and regulation of accounting, accounting practice, the effects of European integration on accounting practice and procedures, and corporate governance. JÖRG R. WERNER is Assistant Professor in the Department of Accounting, University of Bremen, Germany. His work covers corporate governance and international accounting research. PHILIPP B. VOLMER is a Research assistant at the Department of Accounting, University of Bremen, Germany. He works in Transaction Services at KPMG, Germany.

This book focuses on the recent transformations of national accounting systems.

List of Exhibits

List of Abbreviations

Pt. I Transformations of Statehood in Accounting: The Framework

1 Accounting: A Socio-economic View 5

2 Transformation of Role Models: Germany, the UK and the US 22

Pt. II New Governance Arrangements in Disclosure

3 Rise and Fall of the Golden-Age Nation State Model 35

4 The New Accounting Procedures in Europe: Combining Transnational Standard-setting and Supranational Rule-making 57

5 The Struggle between Private and Public: The Case of Stock Exchanges 69

Pt. III The Role of the Nation State in Enforcement

6 Dawn and Dusk of the Nation State in Auditing: From Supervising Private Arrangements to Transnational Governance 103

7 The Stronghold of the Nation State: Enforcement Agencies 120

Pt. IV Forces of Transformation and Convergence: Potency and Impotence of the Nation State

8 The Weakened Nation State: Economic Globalization and Regime Convergence 145

9 The Powerful Nation State: Sarbanes-Oxley and the Global Reach of Regulation 163

Pt. V Analytical Summary and Conclusion

10 Convergence Patterns in Public-Private Collaborations 189

Epilogue 207

Notes 209

References 212

Index 229