It is arguable that the instinct for survival in animal species has evolved due to the evolutionary elimination of those individuals who did not have enough inclination nor desire to cluster in a team. Thus, the roots of ethical conduct in its many facets in today’s world, may be sought in this very primeval concern for the society that enabled communities, rather than individuals, to survive i...

the study aims to reveal that a valid and effective standard, which formerly issued, may reflect the needs and expectation of few interested powerful bodies due to the neutral comments and dearth of lobbyists in the process of setting the standard. the research investigates the working of the iasb, by exploring the standard setting process specifically in relation to the standard on business co...