05400nam a22005775i 4500 978-3-031-53393-8 DE-He213 20251030112617.0 cr nn 008mamaa 240707s2024 sz | s |||| 0|eng d 9783031533938 978-3-031-53393-8 10.1007/978-3-031-53393-8 doi HF5601-5688 KFC bicssc BUS001000 bisacsh KFC thema Okamoto, Noriaki. author. aut http://id.loc.gov/vocabulary/relators/aut 80157 Institutional Change and Performativity [electronic resource] : The Impact of Globalization and Financialization on Accounting in Japan / by Noriaki Okamoto. 1st ed. 2024. Cham : Springer Nature Switzerland : Imprint: Palgrave Macmillan, 2024. XVII, 225 p. 13 illus., 9 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda CHAPTER 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. Accounting 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. Accounting. 57622 Asia Economic conditions. 68942 Evolutionary economics. 70780 Institutional economics. 70781 Economic history. 57506 Economic sociology. Accounting. 57622 Asian Economics. 68943 Institutional and Evolutionary Economics. 70782 Economy-wide Country Studies. 68080 Economic Sociology. SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031533921 Printed edition: 9783031533945 Printed edition: 9783031533952 https://doi.org/10.1007/978-3-031-53393-8 ZDB-2-BUM ZDB-2-SXBM 61406 61406