For example, there is no consistent and acceptable definition of governance (Al-Marhubi, 2004). Furthermore, there is disagreement on the elements and components of governance. season having good accounting and financial systems is likely to kick in to governance development, the available measures of governance produced by the World Bank and another(prenominal) bodies (such as the Mo Ibrahim Foundations) which are used to inform most lending d ecisions place limited emphasis on accountin! g systems. There was no specific mention of accounting systems in the variables used to construct these governance indicators. Moreover, no research has investigated nowadays the relationship between accounting systems and governance systems of a country. The truly few accounting studies that get developmental focus have been on the relationship between the adoption of the International chronicle Standards (IASs) and economic development (Larson & Kenny, 1995; Zeghal & Mhedhbi, 2006). These studies have mainly recognised the... If you want to get a full essay, secure it on our website: OrderCustomPaper.com
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