Social Problems as Landmark Narratives: Bank of Boston, Mass Media and "Money Laundering"

Nichols, Lawrence T.

doi:10.1525/sp.1997.44.3.03x0118n

Cited by 12 publications

(11 citation statements)

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“…In emphasizing the crisis the LAPFF's response can be understood as an attempt at creating a landmark narrative that will draw in new followers (Nichols, 1997). The second egalitarian respondent, A. Blair, makes no reference to the credit crisis;…”

Section: Egalitarians and Leveraging Current Eventsmentioning

confidence: 99%

Douglasian cultural dialogues and the Financial Reporting Council complexity project

Linsley

Shrives

2014

Critical Perspectives on Accounting

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There has been near-universal reliance upon Hofstede's cultural dimensions as the theory base for culturally-related accounting research. Given the criticisms that have been raised in respect of Hofstede this paper proposes Mary Douglas's cultural theory as a more appropriate theory base for future research. Central to Douglasian cultural theory is the notion of cultural dialogues which proposes that within any community four solidarities will be present and in constant competition. The paper identifies cultural dialogues through an analysis of comments letters submitted to the Financial Reporting Council (FRC) in response to their 'complexity of corporate reporting' discussion paper. To understand how a particular solution has been arrived at when an accounting or auditing issue is reviewed, the debates that precede the outcome need unscrambling by reference to cultural dialogues and the analysis of the comments letters reveals the voices of the different solidarities as they seek to persuade others of the validity of their way of life. The paper proposes a clumsy solutions approach is appropriate for resolving debates on accounting and auditing issues. This approach recognizes that, because the solutions offered up by each culture have limitations, all four voices need to be heard in any debate.

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Section: Egalitarians and Leveraging Current Eventsmentioning

confidence: 99%

Douglasian cultural dialogues and the Financial Reporting Council complexity project

Linsley

Shrives

2014

Critical Perspectives on Accounting

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“…Of numerous cases of banking irregularity, Nichols highlights how reporting on the Bank of Boston gave rise to the concept of money laundering (Nichols, 1997). Likewise, the Ford Pinto became the epitome of corporate deviancy (Lee and Ermann, 1999); the Ford Edsel the symbol of marketing failure (Dicke, 2010); and Enron the model of corporate fraud (McLean and Elkind, 2004).…”

Section: Theoretical Considerations: Landmark Narratives and Ideal Typesmentioning

confidence: 99%

“…In contrast, Nordmeyer's 1958 Budget is remembered and engraved on the New Zealand psyche. As such it may be theorised as a landmark narrative (Nichols, 1997): a definitive story used to support the construction of a social norm (Lee and Ermann, 1999). Examples of landmark narratives have been identified in both non-taxation and taxation contexts.…”

Section: Introductionmentioning

confidence: 99%

Narrating history: New Zealand’s “Black Budget” of 1958

Vosslamber

2012

Accounting History

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Government taxation measures are rarely recalled for long; yet the New Zealand Labour Government's 1958 budget remains proverbial more than half a century after it was delivered. Commonly referred to as the "Black Budget", this narrative is still used by politicians, advertisers, the media, and the general public. Although the Black Budget is grounded in historical events, the events themselves are largely forgotten by most New Zealanders. Rather, the story of the Black Budget may be theorised as a type of landmark narrative, where putative conditions are constructed as a problem, and the effectiveness of that narrative no longer depends on the factual base upon which it was constructed. This article revisits the Black Budget, and highlights the role of claimsmakers in perpetuating the narrative. The Black Budget illustrates the tension between historical events and how (and by whom) they are related.

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“…Also relevant to the approach presented in this paper are Loseke (1992), Nichols (1997 and Hajer (1993). Loseke uses a discourse analysis to show how philanthropic institutions have managed to utilise different moral discourses in their strategy to income generate.…”

Section: Policy Literaturementioning

confidence: 99%

“…Her work shows how, at different times, certain discourses are more effective in relation to marketing a charity than in other periods. Nichols (1997) discusses what he terms 'landmark narratives' claiming these are fundamental to the generation of problem identification and construction. In his study of banking scandals in Boston he observed how media and policy makers actively combined to establish the new category of crime now known as 'money laundering.…”

Section: Policy Literaturementioning

confidence: 99%

Power, Discursive Space and Institutional Practices in the Construction of Housing Problems

2003

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This is an electronic version of an article published in Housing Studies, 18(4), pp. 429-446, July 2003. Housing Studies is available online at:http://www.journalsonline.tandf.co.uk/openurl.asp?genre=article&issn=0267-3037&volume=18&issue=4&spage=429The Eprints service at the University of Westminster aims to make the research output of the University available to a wider audience. Copyright and Moral Rights remain with the authors and/or copyright owners. Users are permitted to download and/or print one copy for non-commercial private study or research. Further distribution and any use of material from within this archive for profit-making enterprises or for commercial gain is strictly forbidden.Whilst further distribution of specific materials from within this archive is forbidden, you may freely distribute the URL of the University of Westminster Eprints (http://eprints.wmin.ac.uk).In case of abuse or copyright appearing without permission e-mail wattsn@wmin.ac.uk. WestminsterResearchhttp://www.wmin.ac.uk/westminsterresearchThe WestminsterResearch online digital archive at the University of Westminster aims to make the research output of the University available to a wider audience. Copyright and Moral Rights remain with the authors and/or copyright owners. Users are permitted to download and/or print one copy for non-commercial private study or research. Further distribution and any use of material from within this archive for profit-making enterprises or for commercial gain is strictly forbidden.Whilst further distribution of specific materials from within this archive is forbidden, you may freely distribute the URL of WestminsterResearch. (http://www.wmin.ac.uk/westminsterresearch).

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Social Problems as Landmark Narratives: Bank of Boston, Mass Media and "Money Laundering"

Cited by 12 publications

References 0 publications

Douglasian cultural dialogues and the Financial Reporting Council complexity project

Douglasian cultural dialogues and the Financial Reporting Council complexity project

Narrating history: New Zealand’s “Black Budget” of 1958

Power, Discursive Space and Institutional Practices in the Construction of Housing Problems

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