Neo Liberalism: Its İmpact On Financial Reporting In The United States: The Implications For Globalization Of Accounting Standards

dc.contributor.authorMerino, Barbara D.
dc.date.accessioned2014-11-13T12:50:50Z
dc.date.available2014-11-13T12:50:50Z
dc.date.issued2005en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractNeoliberalism has been called "the defining political economic paradigm of our lives; it refers to the policies and processes by which a relative handful of private interest is permitted to control as much as possible of social life." (McChesney, 1998) Neoliberalism has been the based of what John Williamson (1990) labeled the "Washington Consensus (WC)." The WC reflects development strategies that focus on liberalization and privatization. Stiglitz (1998) notes the WC results in "policies predicated upon a strong faith-stronger than warranted -in unfettered markets aimed at reducing or even minimizing the role of government." Anglo American financial reporting plays a critical role in implementing WC policies. The WC privileges ownership interests the concept of shareholder value dominates financial reporting. Therefore, maximization of shareholder value becomes the key goal. Neoliberalism provides the philosophic base for the WC and provides the framework for this paper.en_US
dc.description.sponsorshipİstanbul Ticaret Üniversitesien_US
dc.identifier.isbn975651616X
dc.identifier.issn1029-242X
dc.identifier.urihttps://hdl.handle.net/11467/856
dc.language.isoenen_US
dc.publisherİstanbul Ticaret Üniversitesien_US
dc.relation.ispartofThe Effects Of Globalization On Financial Reportingen_US
dc.relation.ispartofseriesThe Effects Of Globalization On Financial Reporting : 25-29 May 2005, Conference Proceedings;17
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Başka Kurum Yazarıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleNeo Liberalism: Its İmpact On Financial Reporting In The United States: The Implications For Globalization Of Accounting Standardsen_US
dc.typeConference Objecten_US

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