Constituents’ participation in standard-setting processes is seen as a key indicator of a standard setter’s legitimacy. While previous research has mainly examined corporate economic determinants of participation, limited evidence exists on practitioners’ motivations to become involved in...

This paper questions the ideal of comparability which is often mobilized by standard setters when justifying new – or “improvement” to existing – accounting standards. The target of our analysis is constituted by the thoughts of sophisticated users of financial statements when reflecting...