Abstract

In the capital market information and institutions are logically coordinate concepts. The paper argues that it is impossible to derive a complete view of the role played by capital market institutions without constructing a theory of information, a theory of institutions, and a theory of how the two are related. Consideration is given to existing epistomological and methological approaches to information and institutions. On this basis a new approach is outlined and its relevance to accounting demonstrated by analysing one major problem currently facing the accounting profession.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.