Question: do you think this answer is correct? Yes, the IASB's international accounting standard-setting arrangements are at risk of regulatory capture, particularly when considering the influence
do you think this answer is correct? "Yes, the IASB's international accounting standard-setting arrangements are at risk of regulatory capture, particularly when considering the influence of dominant stakeholders and the potential for these influences to shape the standards in ways that favor specific interests. While the IASB operates independently, its influence and legitimacy are heavily reliant on the support and recognition of various stakeholders, including governments, regulators, and the accounting profession
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