Integrating Concepts of New Institutional Economics in an Accounting Course: A Case Study
Abstract
This paper explores how economic theory can improve international business education. It focuses on teaching international accounting. The approach uses key ideas from New Institutional Economics (NIE). Students learn concepts such as asymmetric information, principal-agent relationships, and transaction costs. A low-cost online lecture introduces these ideas. A case study on creative accounting shows how institutions shape accounting practices. The method broadens students' perspectives and strengthens decision-making skills. It also prepares them for global careers. Evidence from an undergraduate module shows strong learning outcomes. The paper offers a practical model for integrating economic theory into international accounting education.
Fields of Study & Subjects
Accounting Education and Careers
Management and Marketing Education
Accounting Theory and Financial Reporting
Publication details
- Journal / source
- Business Management and Strategy
- Volume
- 17
- Issue
- 2
- Pages
- 1–1
- Publication date
- 12 February 2026
- Language
- EN