This paper describes why and when formative factors, in combination with reflective measures, can be used in accounting research to better represent complex theoretical constructs. We argue that the exclusive use of reflective factors constrains theory development and may lead to imprecise...

Changing face of financial analysis -- Financial statement analysis -- Throughput modeling -- Knowledge-based assets analysis -- Accounting and non-accounting information and their impact on financial markets: towards social innovation -- Ethical modeling and corporate governance: enhancing...