This article studies the points where #accounting and #finance meet, and asks why those meeting points look the way they do. Most textbooks treat the two fields as neighbours that simply share data. This paper argues that the relationship is shaped by power, status, and global position, not only by technical need. To make this case, it brings together three social theories that are rarely used side by side: Pierre Bourdieu on fields and capital, the idea of #institutional_iso

This article evaluates the #psychological_critique of #rational_market_theory by analyzing how human #cognitive_biases and #loss_aversion drive irrational #financial_decisions. Traditional #finance relies on the #Efficient_Market_Hypothesis, which assumes that #economic_agents process data optimally to maximize utility. However, #prospect_theory shows that individuals evaluate choices based on relative changes in wealth from an arbitrary #reference_point, exhibiting distinct

This article asks a simple question with a complicated answer: when banks, phone companies, and global agencies promise to bring #finance to people who never had it, who actually gains, and on whose terms? Over the past fifteen years, #digital_financial_inclusion has become one of the most popular development goals in the world, and account ownership in poorer countries has climbed quickly. Yet rising numbers tell us little about #power. This paper reads the inclusion project

The worldwide spread of a single set of #financial_reporting rules is usually told as a story of progress: messy local practices give way to one clean, comparable language of business. This article tells a different story. It treats the global rise of #IFRS not as a neutral technical fix but as a #social_process shaped by power, history, and status. Using three lenses — #institutional_isomorphism, #world_systems_theory, and Pierre Bourdieu's sociology of #field, #capital, and

Download the book (PDF): Every era of finance produces its heroes. They are the investors whose names become shorthand for genius, whose annual letters are read like scripture, whose smallest public utterances move prices. We tell stories about them because the stories are irresistible. A lone individual, armed with nothing but intelligence and nerve, stares into the same screens as everyone else and somehow sees what the crowd has missed. The market is a vast and impersonal

Sustainable Development Goal 17 is the goal that holds the other sixteen together. It asks countries, companies, civil society, and universities to work as #partners rather than as rivals, and it sets out the practical means — finance, technology, trade, capacity, and reliable data — that make shared progress possible. This article explains #SDG17 in plain language for university #faculty and students, two groups that are often asked to "support the goals" without being told

The historical development of the real estate business shows how #land, housing, buildings, and urban space became central parts of modern economic life. In early societies, land was mainly connected to survival, farming, family continuity, political power, and social status. Over time, however, land and property became market assets that could be bought, sold, rented, financed, insured, inherited, taxed, planned, and traded. This article examines the long movement from tradi