05022nam a22004935i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050001600153072001600169072002300185072001500208100007900223245016500302250001800467264007900485300006500564336002600629337002600655338003600681347002400717505066800741520261401409650001604023650003104039650002804070650002904098650002204127650002404149650001604173650002104189650004604210650003404256650002404290710003404314773002604348776003604374776003604410776003604446856004604482978-3-031-53393-8DE-He21320251030112617.0cr nn 008mamaa240707s2024    sz |    s    |||| 0|eng d  a97830315339387 a10.1007/978-3-031-53393-82doi 4aHF5601-5688 7aKFC2bicssc 7aBUS0010002bisacsh 7aKFC2thema1 aOkamoto, Noriaki.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut10aInstitutional Change and Performativityh[electronic resource] :bThe Impact of Globalization and Financialization on Accounting in Japan /cby Noriaki Okamoto.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024.  aXVII, 225 p. 13 illus., 9 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda0 aCHAPTER 1 – Introduction -- Part 1: Conceptual Analysis of Institutions, Norms, and Performativity -- CHAPTER 2 – Institutions as Collectively Accepted Norms -- CHAPTER 3 – Performativity of Observable Social Norms -- CHAPTER 4 – Approach, Methodology, and Scope -- Part 2: Performative and Counterperformative Institutional Dynamics: Globalization and Financialization of Accounting in Japan -- CHAPTER 5 – Global Unification of Accounting Standards -- CHAPTER 6 – Diffusion and Penetration of Fair Value Accounting -- CHAPTER 7 – The Pursuit of Better Corporate Governance -- CHAPTER 8 – Conclusion: Hybrid of Globalization and Financialization.  aAccounting standards have fundamental effects in shaping economic life. Okamoto’s fine book combines his theoretical sophistication with his in-depth understanding of the Japanese context. Altogether a tour de force!’ Prof. Donald MacKenzie, University of Edinburgh, UK Noriaki Okamoto’s book is a must-read for all who are interested in understanding accounting institutions in Japan. Its interdisciplinary perspective combining accounting and recent accounting history, institutional theory, social ontology, and performativity make it unique and useful. I believe that the book is equally valuable to those on the outside looking in as those on the inside looking out. Carien van Mourik, Open University Business School, UK This book analyzes the recent development of accounting in Japan from an interdisciplinary perspective, focusing specifically on how institutional reality is constructed. Integrating theoretical perspectives from institutional economics and performativity studies, the book creates a framework to systematically explain institutional changes and dynamics against a backdrop of increasing globalization and financialization.The first part of the book connects Searlean theories of institutional reality and social ontology with studies in performativity, particularly its linguistic aspects, to show how collectively accepted social norms can performatively shape institutions. The second section explores how these patterns can be uniquely traced in the recent history of Japan’s financial accounting standards and institutions, in particular how globalization, financialization, fair value accounting and a shareholder-value primacy form of corporate governance have prevailed. It also explores the establishment of the International Accounting Standards Board (IASB) and the increasing global convergence of accounting standards. The book argues that multiple collectively accepted performative norms can be identified simultaneously in Japanese accounting, as well as discussing how these social dynamisms are identified and dispersed linguistically (such as by researchers and journalists). This book will be of interest to those working in accounting and financial reporting, as well as those working in social studies of finance, economic sociology, and institutional economics. Noriaki Okamoto is a professor of accounting at Rikkyo University. He was a Visiting Scholar at the London School of Economics in the Department of Accounting from 2022 to 2023. His research interests include social studies of accounting and finance, social ontology, and financialization. 0aAccounting. 0aAsiaxEconomic conditions. 0aEvolutionary economics. 0aInstitutional economics. 0aEconomic history. 0aEconomic sociology.14aAccounting.24aAsian Economics.24aInstitutional and Evolutionary Economics.24aEconomy-wide Country Studies.24aEconomic Sociology.2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303153392108iPrinted edition:z978303153394508iPrinted edition:z978303153395240uhttps://doi.org/10.1007/978-3-031-53393-8