Anglo-American capitalism: the role and potential role of social accounting
AbstractPurpose – This paper seeks to consider the impact and potential impact of social accounting at the macro level. It aims to explore the potential for “silent” or “shadow” social accounting to hold Anglo-American capitalism to account for its social outcomes relative to other “varieties of capitalism”. Design/methodology/approach – The role of accounting in spreading Anglo-American capitalist values is outlined. This is followed by a discussion of macro social indicators and their potential to problematise social outcomes. In particular the paper reports on, and updates, an investigation of comparative child mortality figures in wealthy countries that appeared in the medical literature. This evidence is used both as an exemplar and as a substantive issue in its own right. Findings – The specific empirical evidence reported, based on a cross-sectional and longitudinal analysis of child mortality and its relationship to income inequality, exemplifies the consistently poor and relatively worsening performance of the Anglo-American capitalist model. A rationale, and evidence, is also presented for the potential of such social reporting to act as an accountability mechanism. Originality/value – The paper introduces to the accounting literature specific evidence of poor social outcomes associated with Anglo-American capitalism. It considers the wider potential role of social indicators, as a component of silent and shadow reporting at a macro-level, in problematising dominant forms of economic and social organisation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Emerald Group Publishing in its journal Accounting, Auditing & Accountability Journal.
Volume (Year): 23 (2010)
Issue (Month): 8 (October)
Contact details of provider:
Web page: http://www.emeraldinsight.com
Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wilkinson, Richard G & Pickett, Kate E., 2006. "Income inequality and population health: A review and explanation of the evidence," Social Science & Medicine, Elsevier, vol. 62(7), pages 1768-1784, April.
- Waldmann, Robert J, 1992. "Income Distribution and Infant Mortality," The Quarterly Journal of Economics, MIT Press, vol. 107(4), pages 1283-302, November.
- Ben-Chieh Liu, 1974. "Quality of life indicators: A preliminary investigation," Social Indicators Research, Springer, vol. 1(2), pages 187-208, September.
- Harte, G. F. & Owen, D. L., 1987. "Fighting de-industrialisation: The role of local government social audits," Accounting, Organizations and Society, Elsevier, vol. 12(2), pages 123-141, March.
- Ezzamel, Mahmoud & Willmott, Hugh & Worthington, Frank, 2008. "Manufacturing shareholder value: The role of accounting in organizational transformation," Accounting, Organizations and Society, Elsevier, vol. 33(2-3), pages 107-140.
- Prem Sikka, 2008. "Corporate governance: what about the workers?," Accounting, Auditing & Accountability Journal, Emerald Group Publishing, vol. 21(7), pages 955-977, September.
- Preston, Lee E., 1981. "Research on corporate social reporting: Directions for development," Accounting, Organizations and Society, Elsevier, vol. 6(3), pages 255-262, July.
- Ding, Yuan & Richard, Jacques & Stolowy, Hervé, 2008.
"Towards an understanding of the phases of goodwill accounting in four Western capitalist countries: From stakeholder model to shareholder model,"
Accounting, Organizations and Society,
Elsevier, vol. 33(7-8), pages 718-755.
- Ding, Yuan & Stolowy, Hervé & Richard, Jacques, 2007. "Towards an understanding of the phases of goodwill accounting in four Western capitalist countries: From stakeholder model to shareholder model," Les Cahiers de Recherche 872, HEC Paris.
- Yuan Ding & Jacques Richard & Hervé Stolowy, 2008. "Towards an Understanding of the Phases of Goodwill Accounting in Four Western Capitalist Countries: From Stakeholder Model to Shareholder Model," Post-Print halshs-00366038, HAL.
- Stolowy, Hervé & Richard, Jacques & Ding, Yuan, 2008. "Towards an Understanding of the Phases of Goodwill Accounting in Four Western Capitalist Countries: From Stakeholder Model to Shareholder Model," Economics Papers from University Paris Dauphine 123456789/1389, Paris Dauphine University.
- Mushkat, Miron, 1983. "Using macro-societal accounting data: Some critical afterthoughts," Accounting, Organizations and Society, Elsevier, vol. 8(1), pages 99-108, February.
- Heard, James E. & Bolce, William J., 1981. "The political significance of corporate social reporting in the United States of America," Accounting, Organizations and Society, Elsevier, vol. 6(3), pages 247-254, July.
- David Christian, 1974. "International social indicators: The OECD experience," Social Indicators Research, Springer, vol. 1(2), pages 169-186, September.
- Sonja Gallhofer & Jim Haslam & Elizabeth Monk & Clare Roberts, 2006. "The emancipatory potential of online reporting: The case of counter accounting," Accounting, Auditing & Accountability Journal, Emerald Group Publishing, vol. 19(5), pages 681-718, September.
- Glatzer, Wolfgang, 1981. "An overview of the international development in macro social indicators," Accounting, Organizations and Society, Elsevier, vol. 6(3), pages 219-234, July.
- Richardson, Alan J., 2009. "Regulatory networks for accounting and auditing standards: A social network analysis of Canadian and international standard-setting," Accounting, Organizations and Society, Elsevier, vol. 34(5), pages 571-588, July.
- Medawar, Charles, 1976. "The social audit: A political view," Accounting, Organizations and Society, Elsevier, vol. 1(4), pages 389-394, October.
- Dore, Ronald & Lazonick, William & O'Sullivan, Mary, 1999. "Varieties of Capitalism in the Twentieth Century," Oxford Review of Economic Policy, Oxford University Press, vol. 15(4), pages 102-20, Winter.
- Micklewright, John & Stewart, Kitty, 1999. "Is the Well-Being of Children Converging in the European Union?," Economic Journal, Royal Economic Society, vol. 109(459), pages F692-714, November.
- Joseph Goeke, 1974. "Some neglected social indicators," Social Indicators Research, Springer, vol. 1(1), pages 85-105, May.
- Parke, Robert & Peterson, James L., 1981. "Indicators of social change: Developments in the United States of America," Accounting, Organizations and Society, Elsevier, vol. 6(3), pages 235-246, July.
- Amartya Sen, 2000. "A Decade of Human Development," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 1(1), pages 17-23.
- Itzhak Galnoor, 1974. "Social indicators for social planning: The case of Israel," Social Indicators Research, Springer, vol. 1(1), pages 27-57, May.
- Dore, Ronald, 2000. "Stock Market Capitalism: Welfare Capitalism: Japan and Germany versus the Anglo-Saxons," OUP Catalogue, Oxford University Press, number 9780199240616.
- Fajnzylber, Pablo & Lederman, Daniel & Loayza, Norman, 2002. "What causes violent crime?," European Economic Review, Elsevier, vol. 46(7), pages 1323-1357, July.
- Atkinson, Tony & Cantillon, Bea & Marlier, Eric & Nolan, Brian, 2002. "Social Indicators: The EU and Social Inclusion," OUP Catalogue, Oxford University Press, number 9780199253494.
- Coburn, David, 2004. "Beyond the income inequality hypothesis: class, neo-liberalism, and health inequalities," Social Science & Medicine, Elsevier, vol. 58(1), pages 41-56, January.
- Stanley Seashore, 1974. "Job satisfaction as an indicator of the quality of employment," Social Indicators Research, Springer, vol. 1(2), pages 135-168, September.
- David Collison & Stuart Cross & John Ferguson & David Power & Lorna Stevenson, 2012. "Legal Determinants of External Finance Revisited: The Inverse Relationship Between Investor Protection and Societal Well-Being," Journal of Business Ethics, Springer, vol. 108(3), pages 393-410, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Louise Lister).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.