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Politicians frequently intervene in the regulation of financial accounting. Evidence from the accounting literature … perception of these consequences varies with a politician's ideology. Therefore, if accounting rules produce those consequences …, ideology plausibly spills over and explains a politician's stance on the technical accounting issue, beyond special interest …
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Politicians frequently intervene in the regulation of financial accounting. Evidence from the accounting literature … perception of these consequences varies with a politician's ideology. Therefore, if accounting rules produce those consequences …, ideology plausibly spills over and explains a politician's stance on the technical accounting issue, beyond special interest …
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We employ a unique data set of 41,137 commissioner votes in 8,252 Federal Communications Commission (FCC) decisions and orders, reflecting every voted commission decision from 1976-2003, in order to examine those factors that determined commissioner voting at the FCC. We discover a cyclical...
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