“…Therefore, common research themes include: legitimacy, constituents' lobbying and regulatory capture (Shapiro, 1997;Cooper & Robson, 2006). Many of these academic studies cover standard setters from the United States (Johnson & Solomons, 1984;Tandy & Wilburn, 1992;Fogarty, 1994;Young, 1994;Christensen & Mohr, 1999), Canada (Baylin, Macdonald & Richardson, 1996;Durocher, Fortin & Côté, 2007;Durocher & Fortin, 2010), New Zealand (Baskerville & Pont Newby, 2002;Sinclair & Bolt, 2013), and the International Accounting Standards Board (IASB) (Lawson, 2007;Zeff, 2002Zeff, , 2006Zeff, , 2012.…”