Join Dr Javed Siddiqui from the University of Manchester as he explores the dynamics of accounting regulatory space alignment in a transnational setting
14:00 - 16:00
Dr Javed Siddiqui, University of Manchester
Lectures, talks and seminars
Essex Accounting Centre (EAC) Research Seminar Series
Essex Business School
Dr Osamuyimen Egbon firstname.lastname@example.org
The aim of the Essex Accounting Centre (EAC) research seminar series is to support our world-class research activities in four key areas; social responsibility and corporate governance, (management) accounting change (in privatised, public and third sectors), global development, corruption and accountability, reporting, regulation and capital markets. The seminar series is also expected to promote interdisciplinary research that links the work of members of the centre with others both within the university and with external institutions.
The purpose of this longitudinal study is to explore the dynamics of accounting regulatory space realignment in the context of Bangladesh, characterised by the presence of a weak accountancy profession, the traditional dominance of the World Bank, and emergence of a new national level accounting regulator in the form of the Financial Reporting Council (FRC).
The paper draws on the concept of regulatory space (Hancher and Mora, 1984) and Oliver's (1991) typology of strategic responses to institutional pressures to theorise the dynamics of relationships between the three major actors and the legitimisation process of the new regulator.
The empirical work for this paper is based on 42 interviews taken between 2009 and 2018 with major actors in accountancy profession, the Government of Bangladesh (GoB), and the World Bank, as well as the author's participation in three events organised by the Institute of Chartered Accountants of Bangladesh (ICAB) and the World Bank.
The longitudinal nature of this study was helpful in developing a deeper understanding of the changing nature of relationships between the ICAB, the World Bank and the GoB over time.
After the stock market crash of 2009, the GoB defied resistance from the local accountancy profession and established the FRC, Once established, the newly formulated FRC adopted a strategy of compromise prompted by concerns regarding its legitimacy.
By highlighting the interactions between two regulators and a regulatee, this paper extends prior work on regulatory realignment in an accounting regulatory area (Canning and O'Dwyer, 2013; Artiach et. al, 2016). The findings of this study also confirm the importance of national politics and social context on the development of accounting regulations, even within a transnational regulatory space.
This is an open event. Please feel free to bring your colleagues, friends and classmates along.
Dr Javed Siddiqui is a Senior Lecturer in Accounting at the University of Manchester. He also the Director of the newly introduced MSc Accounting programme. He joined Manchester Business School as a Lecturer in 2008 and was promoted to a Senior Lecturer in 2015.
Javed's primary fields of research are
His research has been funded by the Institute of Charted Accountants of Scotland (ICAS) and the Commonwealth Scholarship Commission, UK.
Dr Siddiqui works as a consultant for
Javed has supervised a number of PhD students ad works as an ad-hoc reviewer for internationally reputed journals. He was also the programme director for MSc Accounting and Finance Programme and is an undergraduate awards examiner at the University of Essex and the University of Hull