Les Cahiers de Recherche - HEC Paris
Searching for the accounting features of capitalism: an illustration with the economic transition process in China
() and Yuan Ding
Abstract: In this paper, the authors show that capitalism and
double-entry bookkeeping are not indissociably interconnected as Sombart
argued in his book in 1916. Indeed, the double-entry bookkeeping accounting
system was also adopted by anti-capitalist countries where a new economic
system was set up. A study of how accounting has changed with the economic
transition in China helps us identify those "accounting features" required
for a capitalist economy that clearly differ from those needed for the
planned and centralized economy.
Keywords: capitalism; communism; accounting; China; reform; transitional economy; (follow links to similar papers)
JEL-Codes: B24; M41; P16; (follow links to similar papers)
37 pages, January 1, 2005
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Sandra Dupouy ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design Joakim Ekebom