Conceptual principles of interorganizational (network) accounting in clusters based on the provisions of institutional theory

Abstract

Purpose: The purpose of the article is to study the key theoretical principles of institutional theory as the basis for shaping an accounting system of interorganizational (network) linkages in the cluster and to propose directions for their solution. Methodology/approach: The methodological tool is a systematic analysis of the fundamental provisions of economic teachings and scientific works of accounting researchers. Bibliometric analysis was applied to scientific publications indexed in Scopus, which made it possible to determine the most popular economic theories as thematic guidelines. We also used methods of learning induction and deduction for contextual research of keywords in scientific publications and to establish links between the research characteristics of each of the selected theories. The abstract-logical method was used to formulate scientific-theoretical generalizations and conclusions. Findings: The problem of interorganizational accounting in the cluster is outlined based on the provisions of the institutional theory. Development directions are proposed, and recommendations are given for improving accounting within the framework of agency theory, transaction cost theory, contract theory, and actor-network theory. Originality/value: The results of the study contribute to the analysis of changes and directions of development of interorganizational accounting in the cluster and also complement accounting theory. The article fills a research gap by presenting the development of interorganizational accounting based on agency theory, transaction cost theory, con-tract theory, and actor-network theory. The originality of the research lies in its creation of a foundational framework and its introduction of a novel perspective on the role of accounting in interorganizational (network and cluster) relations, allowing for a more comprehensive understanding of their developmental peculiarities.

Keywords

• inter-organizational accounting
• cluster
• institutional theory
• agency theory
• transaction cost theory
• contract theory