Within the last decade, international accounting, as a common language of business and a mode of governance, has come to be widely disseminated in China, and has become an indispensable infrastructure of its socio-economy. This diffusion of accounting was propagated as a national strategy for growth, led by a few senior officials as key actors, and implemented through the National Accounting Institutes (NAIs) as a distinct institutional mechanism. Despite its importance, accounting is rarely examined in the literatures of knowledge transfer, institutional sociology, transitional economics and development studies. Drawing on the multidisciplinary methods of contemporary history, this paper casts light on the NAIs as a focal point which effectively transfers and disseminates new knowledge, order and the spirit of a market economy, and which could be further developed, with cautions, as a replicable model for transitional and developing economies.
- Economic development
- Financial institutions
- National Accounting Institute
- Strategy and leadership
ASJC Scopus subject areas
- Sociology and Political Science
- Economics, Econometrics and Finance(all)