This study investigates the consequences of regulation for management control and organisational change in privatised industries by means of a case study of the gas industry. It focuses particularly on the implications for regulation of accounting systems and systems of accountability, as important management control systems. Giddens’ [Central Problems in Social Theory: Action, Structure and Co...

We forecast income growth over the period 2000-2050 in the US, Canada, and France. To ground the forecasts on relationships that are as robust as possible to changes in the environment, we use a quantitative theoretical approach which consists in calibrating and simulating a general equilibrium model. Compared to existing studies, we allow for life uncertainty and migrations, use generational a...

This research examined how framing a compensation contract potentially affects fraudulent behavior in organizations: specifically, the misrepresentation of performance and misappropriation of assets. We also explored how priming ethical concerns affects these behaviors. The relationship between fraudulent behavior and performance-contingent pay is important, especially in view of the dramatic i...

Generational accounting is a new method for determining how government deficits, taxes, transfer payments, and other expenditures affect the distribution of income and wealth among different generations.The technique is still being developed, and a number of the assumptions used to estimate the accounts are controversial. Auerbach, Gokhale, and Kotl~koff (19911, Kotlikoff (19921, and Office of ...

Our'previous study (Auerbach, Gokhale, and Kotlikoff [1991]) introduced the concept of generational accounting, a method of determining how the burden of fiscal policy falls on different generations. It found that U.S. fiscal policy is out of balance in terms of projected generational burdens. This means that either current generations will bear a larger share (than we project under current law...

The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by “bottom up” measures that both (a) capture the microeconomic heterogeneity (in expend...