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IMPROVING CORPORATE GOVERNANCE IN EMERGING ECONOMIES -AN ANALYSIS OF THE IMPLICATIONS ON THE ACCOUNTANTSâ€(tm) ROLES AND COMPETENCIES

Author

Listed:
  • Albu Nadia

    (Academia de Studii Economice, Facultatea de Contabilitate si Informatica de Gestiune)

  • Albu Catalin

    (Academia de Studii Economice, Facultatea de Contabilitate si Informatica de Gestiune)

  • Garbina Madalina

    (Academia de Studii Economice, Facultatea de Contabilitate si Informatica de Gestiune)

Abstract
Corporate governance became in the last decade an important domain of reforms in emerging economies. The reforms in the corporate governance models and in accounting should assign a more important role for accountants. The objective of this paper is to analyze the changes in the accountantsâ€(tm) roles and competencies as a result of the reforms in corporate governance model of an emerging economy. We correlate information from the job offers (as indicators of the role and competencies expected from accountants) and from the corporate governance disclosures (as indicators of the application of roles and competencies) in order to discuss the recent changes in the Romanian accounting profession roles and competencies. Our results contribute to the understanding of the factors related to the modernization of the accounting profession in emerging economies, illustrating the challenges associated with the “import†of Western models.

Suggested Citation

  • Albu Nadia & Albu Catalin & Garbina Madalina, 2012. "IMPROVING CORPORATE GOVERNANCE IN EMERGING ECONOMIES -AN ANALYSIS OF THE IMPLICATIONS ON THE ACCOUNTANTSâ€(tm) ROLES AND COMPETENCIES," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 846-852, July.
    • Handle: RePEc:ora:journl:v:1:y:2012:i:1:p:846-852
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    File URL: http://anale.steconomiceuoradea.ro/volume/2012/n1/122.pdf
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    References listed on IDEAS

    as
    1. Trevor Hopper & Mathew Tsamenyi & Shahzad Uddin & Danture Wickramasinghe, 2009. "Management accounting in less developed countries: what is known and needs knowing," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 22(3), pages 469-514, March.
    2. Cătălin Albu & Nadia Albu & Robert Faff & Allan Hodgson, 2011. "Accounting Competencies and the Changing Role of Accountants in Emerging Economies: The Case of Romania," Accounting in Europe, Taylor & Francis Journals, vol. 8(2), pages 155-184.
    3. Howieson, Bryan, 2003. "Accounting practice in the new millennium: is accounting education ready to meet the challenge?," The British Accounting Review, Elsevier, vol. 35(2), pages 69-103.
    4. Christopher, Joe, 2010. "Corporate governance—A multi-theoretical approach to recognizing the wider influencing forces impacting on organizations," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(8), pages 683-695.
    5. Anderson, Shannon W. & Lanen, William N., 1999. "Economic transition, strategy and the evolution of management accounting practices: the case of India," Accounting, Organizations and Society, Elsevier, vol. 24(5-6), pages 379-412, July.
    6. Carnegie, Garry D. & Napier, Christopher J., 2010. "Traditional accountants and business professionals: Portraying the accounting profession after Enron," Accounting, Organizations and Society, Elsevier, vol. 35(3), pages 360-376, April.
    7. Bob Gammie & Elizabeth Gammie & Erica Cargill, 2002. "Personal skills development in the accounting curriculum," Accounting Education, Taylor & Francis Journals, vol. 11(1), pages 63-78.
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    Cited by:

    1. Carl A. Crittenden II & William F. Crittenden, 2014. "The Accounting Profession’S Role In Corporate Governance In Frontier Markets: A Research Agenda," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 5(2).

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    More about this item

    Keywords

    accountants; accountantsâ€(tm) roles and competencies; corporate governance; Romania;
    All these keywords.

    JEL classification:

    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics
    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics

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