Richard Ivey Building 3305
- Corporate Governance
- Accounting History
- To search for publications by a specific faculty member, select the database and then select the name from the Author drop down menu.
Mitchell Stein is a an Assistant Professor of Managerial Accounting and Control at the Ivey Business School. He holds a BComm Honours (Queen's University) and a PhD (Queen's University). Mitchell is also a Chartered Accountant who formerly practiced in corporate, research and development, executive and cross border taxation with Deloitte for 10 years.
Mitchell previously taught at Queen's University and at the Ontario School of Accountancy. He has received a number of awards including being an Ontario Graduate Scholar, American Accounting Association Doctoral Consortium Fellow and he received The Institute of Chartered Accountants of Ontario Doctoral Fellowship.
Mitchell's research interests span both financial accounting and taxation. In particular he is interested in corporate governance issues, transparency and regulation within accounting in terms of broader issues of social control. His current focus is on researching the emergence of the modern corporation in the United States and the role of accounting using historical research focused on source documentary evidence from the formation of U.S. corporate law.
- Financial Fundamentals, HBA Core
- Management Accounting and Control, HBA Core
- B Comm Honours, Queen's University
- PhD, Queen’s University CA
Recent Refereed Articles
Persson, M.E., Radcliffe, V.S., Stein, M.J.,
(forthcoming), "Elmer G. Beamer and the American Institute of Certified Public Accountants: The Pursuit of a Cognitive Standard for the Accounting Profession", Accounting History.
Abstract: This paper investigates Elmer G. Beamer’s (1909-2000) activities at the American Institute of Certified Public Accountants during a thirty-year period beginning in the 1950s, using a theoretical lens from the sociology of professions literature. Beamer was born in Cleveland, Ohio, in 1909 and trained as an accountant with Haskins & Sells after graduating from high school. He stayed with the same firm throughout his career and rose to the position of partner. While in public practice, Beamer gave unselfishly of his time to the profession. As a member of the AICPA, Beamer chaired the Committee on the Common Body of Knowledge of CPAs, Committee on Education and Experience Requirements, and the Ad Hoc Committee on Continuing Education. The goal of the three committees was to establish a common body of knowledge for accountants in public practice. Beamer’s efforts resulted in the 150 credit-hour requirements for CPAs and the mandate for yearly continuing professional education for accountants to maintain an active CPA license in the United States. The paper draws on archival material from the Elmer G. Beamer Papers Collection at the University of Florida. The collection contains over 500 items of Beamer’s personal correspondence, committee memorandums, and writings. The paper concludes with a discussion of the empirical narrative and Beamer’s role in the larger context of the professionalization of the accounting discipline in the U.S.
Link(s) to publication:
Radcliffe, V.S., Spence, C., Stein, M.J., Wilkinson, B.,
(forthcoming), "Professional repositioning during times of institutional change: the case of tax practitioners and changing moral boundaries", Accounting Organizations and Society.
Abstract: Recent work has called for more research to be carried out exploring how professional projects develop in conjunction with wider processes of institutional change. We respond to these calls here by analysing the way in which tax professionals have responded to a major disruption at the field level. The Organization for Economic Co-operation and Development’s action plan on Base Erosion and Profit Shifting has proposed far reaching reforms in an attempt to bring corporate tax practice into line with changing moral boundaries in society. Through a combination of documentary analysis, participant observation and qualitative interviews, this paper shows how tax professionals negotiate changing moral imperatives. In doing so, the paper enhances our understanding of tax practice and contributes to extant literature on professionalization and institutional change in three principal ways. Firstly, we show how exogenous field-level changes afford professional groups opportunities for strategic repositioning. Secondly, we illustrate how different professional factions are differentially affected by processes of institutional change, distinguishing between in-house tax professionals and those working in public practice. Thirdly, we demonstrate how this strategic repositioning is made possible by the skillful deployment of the technical-cognitive resources of professional groups.
Radcliffe, V.S., Spence, C., Stein, M.J.,
2017, "The Impotence of Accountability: The Relationship between Greater Transparency and Corporate Reform", Contemporary Accounting Research, Spring 34(1): 622 - 658.
Abstract: This paper explores the role of accounting in the attempted reform of the corporation during the “progressive era” in the United States. Focusing on the activities of three institutional bodies in the early twentieth century, the paper documents how their repeated recourse to “publicity,” which relied crucially on accounting technologies, failed to turn the corporation into an entity more sensitive to the public interest. Specifically, two interrelated contributions are made to existing literature on accounting and corporate governance. Firstly, the paper documents the early historical development of the now taken-for-granted phenomenon of accounting and adjudicating at the entity level (Miller and Power 2013). Secondly, the paper offers a rejoinder to present-day projects of corporate governance which identify better and enhanced accountability as key to the successful reform of the corporation. During the progressive era, accounting expanded and territorialized new spaces, bringing trusts out of a hitherto secretive, private realm and into the view of the public. Yet this was not enough to engender substantive corporate reform.
Link(s) to publication:
Persson, M.E., Radcliffe, V.S., Stein, M.J.,
2015, "Alvin R. Jennings: Managing Partner, Policy-Maker, & Institute President", Accounting Historian's Journal, June 42(1): 85 - 104.
Abstract: Alvin R. Jennings (1905-1990) was a rare breed of an accountant. He was trained as a practitioner and rose to become a managing partner at Lybrand, Ross Bros. & Montgomery, but he kept a constant watch on the academic field of accounting research. Jennings served on the influential American Institute of Accountants’ Committee on Auditing Procedure (1946-49) and later as the president of the American Institute of Certified Public Accountants (1957-58). This paper explores these activities and Jennings’ contribution to the professional, academic, and institution discourse of the accounting discipline.
Link(s) to publication:
2008, "Beyond the boardroom: governmental perspectives on corporate governance", Accounting Auditing and Accountability Journal 21(7): 1001 - 1025.
Abstract: Purpose - This paper aims to examine corporate governance and consequences of the Sarbanes-Oxley Act (SOX) in the US from a socio-political perspective. Design/methodology/approach - The author employs neo-liberalism and its related mentality of governmentality to develop an analysis of how corporate governance and reforms such as SOX are socially constructed through autonomous agents, including managers and accountants, and various power relationships that comprise government. Findings - This paper theorizes that legislative reform, such as SOX, represents pervasive mechanisms of disclosure, surveillance and power, and an insurance rationality designed to manage the new and significant risks of corporate governance. A framework is established which conceptualizes SOX as the intersection of neo-liberalism, political rationalities and governmental techniques, and accounting practices which lead to the elements of security, quantification and shareholder value. Through this framework a model of risk as governance is developed that examines SOX through technologies of the self, calculation and insurance, designed to act upon managers using knowledge about control or financial statement weaknesses. Such mechanisms identify corporate governance risks, which can be acted upon by outside experts, such as accountants. Originality/value - The major inference from this paper is that corporate governance research in accounting should pursue new lines of inquiry, which will permit the more profitable extension of existing research. Such inquiry should focus less on empirical corporate governance factors and more on the relationships, and power constructs of corporate governance, as well as how legislative reforms employ tactics to normalize the behaviour of not only managers, but also accountants.
- Lecturer, Queen's University
- Senior Manager, Deloitte 1995-2003
- Accounting Regulation
- Field and Archival - Based Research