TY - BOOK AU - Richardson,Alan J TI - Regulatory competition in accounting. A history of the accounting standards Authority of Canada PY - 2011/// CY - Oxfordshire PB - Taylor and Francis KW - Regulatory competition KW - Accounting standard Authority of Canada KW - Embeddedness of standard setting N2 - This article examines a unique period (1981–1998) in Canadian accounting standard-setting history when, nominally, two competing standard-setting bodies existed: the Canadian Institute of Chartered Accountants and the nascent Accounting Standards Authority of Canada. Sunder (, ) advocates competing accounting standard-setting regimes within a single jurisdiction to allow firms to voluntarily select standards that reflect their business model and provide the lowest cost-of-capital. This situation, however, is rare and has not been examined empirically. The existence of competing standards assumes the existence of competing standard-setters, but the entry of a new standard-setter into the domain of an existing standard-setter faces numerous obstacles. The analysis of this case suggests some factors missing from Sunder's model UR - 10.1080/21552851.2011.548570 ER -