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New plots are badly needed in finance: accounting for the financial crisis of 2007-2010

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Abstract:

Purpose ‐ The purpose of this paper is to analyze common emplotments of interpretations of the financial crisis of 2007-2010. Design/methodology/approach ‐ The paper presents a text analysis. Findings ‐ The paper finds that the same "strong plots" are commonly used to explain financial crises to the general public. Originality/value ‐ The paper provides useful information on interpretations of financial crises.

Keywords: Financial performance; Interpretive templates; Narrative approaches to accounting; Narratives; Perception; Popular culture; Strong plots

Document Type: Research Article

DOI: http://dx.doi.org/10.1108/09513571211234240

Publication date: June 15, 2012

mcb/059/2012/00000025/00000005/art00001
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