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Relating the institutional approach in management accounting to institutional economics: an essay on dual-mode rationality.
- Article from:
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Journal of Economic Issues
- Article date:
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December 1, 2006
- Author:
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Copyright informationCOPYRIGHT 2006 Association for Evolutionary Economics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In management accounting literature an institutionalist stream is emerging that generates intense discussions and research (Scapens 1994; Burns and Scapens 2000; Duindam and Verstegen 2000). Although the discussion in the discipline of management accounting often refers to new institutional economics literature as well as original institutional economics literature, there are fewer references in the opposite direction. In this paper we try to strengthen the connection between management accounting and institutional economics. Analyzing the functioning of management accounting rules and practices creates an opportunity to substantiate the view of the economy seen as an ...
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