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Accorlrrtrng and Business Rcserrrcli. Vol. 37. No. I. pp. 59-61 20Oi 59 Financial and external reporting research: the broadening corporate governance challenge A reply Lee D. Parker* Professor Archer’s commentary on my findings first appear. For example, I suspect that we may and arguments presented in the paper ‘Financial find ourselves in agreement that many FER re- and external reporting research: the broadening searchers have moved away from concerns with corporate governance challenge’, represents what I normative accounting issues, and therefore by im- hope will be the beginning of reflection and debate plication lack direct interest in contributing to pol- icy and practice development. However Simon that the paper is designed to stimulate. His contri- does attempt an apologia in arguing that the search bution is welcome and immediately illuminates for the Holy Grail, namely reliable predictions for the issues facing financial and external reporting capital markets’ actors, is a prerequisite for effec- research (FER). Rather than descending into an tive critique and prescriptions of what ought to be. abstract and microscopic scholarly debate over This bears all the hallmarks of Tony Blair’s and fine points, I shall confine my responses to what I George Bush’s attempts to produce
Accounting and Business Research – Taylor & Francis
Published: Mar 1, 2007
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