Accounting education, socialisation and the ethics of business

John Ferguson, David Collison, David Power, Lorna Stevenson

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

This study provides empirical evidence in relation to a growing body of literature concerned with the 'socialization' effects of accounting and business education. A prevalent criticism within this literature is that accounting and business education in the UK and US, by assuming a 'value-neutral' appearance, ignores the implicit ethical and moral assumptions by which it is underpinned. In particular, it has been noted that accounting and business education tends to prioritise the interests of shareholders above all other stakeholder groups. The paper reports on the results of a set of focus group interviews with both undergraduate accounting students and students commencing their training with a professional accounting body. The research explores their perceptions about the purpose of accounting and the objectives of business. Findings suggest that both university and professional students' views on these issues tend to be informed by an Anglo-American shareholder discourse, whereby the needs of shareholders are prioritised. Moreover, this shareholder orientation appeared more pronounced for professional accounting students.
LanguageEnglish
Pages12-29
Number of pages18
JournalBusiness Ethics: A European Review
Volume20
Issue number1
DOIs
Publication statusPublished - Jan 2011

Fingerprint

Accounting education
Shareholders
Socialization
Business education
Accounting students
Focus groups
Criticism
Empirical evidence
Undergraduate
Stakeholders
Discourse

Keywords

  • accounting education
  • accounting
  • socialisation
  • business ethics

Cite this

Ferguson, John ; Collison, David ; Power, David ; Stevenson, Lorna. / Accounting education, socialisation and the ethics of business. In: Business Ethics: A European Review. 2011 ; Vol. 20, No. 1. pp. 12-29.
@article{f0265ce26b9b4f56afb74171909e9cc5,
title = "Accounting education, socialisation and the ethics of business",
abstract = "This study provides empirical evidence in relation to a growing body of literature concerned with the 'socialization' effects of accounting and business education. A prevalent criticism within this literature is that accounting and business education in the UK and US, by assuming a 'value-neutral' appearance, ignores the implicit ethical and moral assumptions by which it is underpinned. In particular, it has been noted that accounting and business education tends to prioritise the interests of shareholders above all other stakeholder groups. The paper reports on the results of a set of focus group interviews with both undergraduate accounting students and students commencing their training with a professional accounting body. The research explores their perceptions about the purpose of accounting and the objectives of business. Findings suggest that both university and professional students' views on these issues tend to be informed by an Anglo-American shareholder discourse, whereby the needs of shareholders are prioritised. Moreover, this shareholder orientation appeared more pronounced for professional accounting students.",
keywords = "accounting education, accounting, socialisation, business ethics",
author = "John Ferguson and David Collison and David Power and Lorna Stevenson",
year = "2011",
month = "1",
doi = "10.1111/j.1467-8608.2010.01607.x",
language = "English",
volume = "20",
pages = "12--29",
journal = "Business Ethics: A European Review",
issn = "0962-8770",
number = "1",

}

Accounting education, socialisation and the ethics of business. / Ferguson, John; Collison, David; Power, David ; Stevenson, Lorna.

In: Business Ethics: A European Review, Vol. 20, No. 1, 01.2011, p. 12-29.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Accounting education, socialisation and the ethics of business

AU - Ferguson, John

AU - Collison, David

AU - Power, David

AU - Stevenson, Lorna

PY - 2011/1

Y1 - 2011/1

N2 - This study provides empirical evidence in relation to a growing body of literature concerned with the 'socialization' effects of accounting and business education. A prevalent criticism within this literature is that accounting and business education in the UK and US, by assuming a 'value-neutral' appearance, ignores the implicit ethical and moral assumptions by which it is underpinned. In particular, it has been noted that accounting and business education tends to prioritise the interests of shareholders above all other stakeholder groups. The paper reports on the results of a set of focus group interviews with both undergraduate accounting students and students commencing their training with a professional accounting body. The research explores their perceptions about the purpose of accounting and the objectives of business. Findings suggest that both university and professional students' views on these issues tend to be informed by an Anglo-American shareholder discourse, whereby the needs of shareholders are prioritised. Moreover, this shareholder orientation appeared more pronounced for professional accounting students.

AB - This study provides empirical evidence in relation to a growing body of literature concerned with the 'socialization' effects of accounting and business education. A prevalent criticism within this literature is that accounting and business education in the UK and US, by assuming a 'value-neutral' appearance, ignores the implicit ethical and moral assumptions by which it is underpinned. In particular, it has been noted that accounting and business education tends to prioritise the interests of shareholders above all other stakeholder groups. The paper reports on the results of a set of focus group interviews with both undergraduate accounting students and students commencing their training with a professional accounting body. The research explores their perceptions about the purpose of accounting and the objectives of business. Findings suggest that both university and professional students' views on these issues tend to be informed by an Anglo-American shareholder discourse, whereby the needs of shareholders are prioritised. Moreover, this shareholder orientation appeared more pronounced for professional accounting students.

KW - accounting education

KW - accounting

KW - socialisation

KW - business ethics

UR - http://www.scopus.com/inward/record.url?scp=80054817658&partnerID=8YFLogxK

U2 - 10.1111/j.1467-8608.2010.01607.x

DO - 10.1111/j.1467-8608.2010.01607.x

M3 - Article

VL - 20

SP - 12

EP - 29

JO - Business Ethics: A European Review

T2 - Business Ethics: A European Review

JF - Business Ethics: A European Review

SN - 0962-8770

IS - 1

ER -