The thesis is an exploratory study of the gap between accounting research and financial reporting practices. The fundamental issue is that comprehensive accounting theories (CATs) have been largely disregarded in the formation of financial reporting practices. To understand why this should be...

Purpose – The paper examines a scarcely known research initiative, the Management Studies Research Division (MSRD), established at the London School of Economics and Political Science (LSE) in 1964, but moribund by 1972. Design/methodology/approach - The paper seeks to identify the conditions...