Financial Accounting in the News: A step too far crucifies small business
Stewart Oldfield
Question - Applying the political cost hypothesis of Positive Accounting Theory, explain the claim in the article that ‘The banks have promoted studies that find small-business is getting a better deal from the banks, perhaps in fear that the federal government might introduce legislation to improve service to the country's 1.2 million small-business operators, as has the government in the UK'?