Actions speak louder than words: An institutional perspective on the Securities and Exchange Commission

Securities legislation and the accounting profession in the 1930s: The rhetoric and reality of the American Dream

“…Since that time, a number of traditional and critical studies have examined that thesis and offered new insights into the complex interrelationships found in the passage of securities legislation 1 (e.g. Neu, 1992;Bealing, 1994;Bealing et al, 1996). We continue this line of research by developing the rationale behind the argument that symbolic legislation might be sufficient to restore investor confidence.…”

Signposts or Weathervanes? The Curious Case of Corporate Social Responsibility and Conflict Minerals

“…Often corporate discourse on a specific issue, for instance: sustainability and conflict minerals, is heavily shaped by previous battles fought via industry bodies to shape legislative processes that furnish rules and regulations about how corporations have to account for their activities. The literature on accounting standard setting shows that the parameters around corporate disclosures are often largely set at this deeper, institutional level (Bealing 1994;Bozanic et al 2012;Young, 2014).…”

“…Bealing (1994) describes the close relationship that the SEC has with Congress, on whom it depends for its funding. Bealing (1994) argues the SEC is first and foremost concerned with legitimating itself to Congress.…”

“…Bealing (1994) describes the close relationship that the SEC has with Congress, on whom it depends for its funding. Bealing (1994) argues the SEC is first and foremost concerned with legitimating itself to Congress. This leads to largely ceremonial exchanges between the two, since the SEC's ultimate objective is to sustain funding rather than deal with any substantive regulatory concerns.…”

Budgeting and governing for deficit reduction in the UK public sector: act 2 ‘the annual budget’

“…To do so, institutions tend to decouple external image systems from the more complex and ambiguous practices and processes through which organisational members carry out their tasks. Public sector organisations must therefore create, maintain and manage legitimacy in order to receive continued support and maintain their funding (Bealing, 1994), even if the accounting systems operate as a "myth", legitimating the actions of the service to the major elements of its external controlling environment (Lapsley, 1994).…”