Accounting as a social practice: US railroad regulation, value of service accounting, and regional economic development


AÇIKGÖZ MAKEY B., Miranti P., Palmon D.

ACCOUNTING HISTORY, vol.27, no.1, pp.125-146, 2022 (ESCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 27 Issue: 1
  • Publication Date: 2022
  • Doi Number: 10.1177/10323732211040275
  • Journal Name: ACCOUNTING HISTORY
  • Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus, Business Source Elite, Business Source Premier
  • Page Numbers: pp.125-146
  • Keywords: US railroads, regulatory accounting, income redistribution, freight rate cross-subsidies, commodity rates, social welfare, value of service accounting, ORGANIZATIONAL SYNTHESIS, COST, HISTORIOGRAPHY, CONSTRUCTION, PROFESSION, INSIGHTS, ORIGINS, HISTORY, THOUGHT, STATE
  • Yozgat Bozok University Affiliated: Yes

Abstract

Employing a methodological model proposed by Anthony G. Hopwood and refined by Peter Miller, which emphasizes the role of accounting as a social practice, this study examines how the US Interstate Commerce Commission (ICC) accepted the application of the value of service accounting in rate-setting to facilitate the redistribution of income and wealth to the undeveloped economies of the South and West regions of the US.