Theory and methods used in accounting and corporate governance research

This essay will discuss accounting research and explain how it is applied to advancing knowledge in the accounting and corporate governance field. The paper explores some of the changes that have occurred in the research approach to accounting and corporate governance, both in the theory and the methodology. In addition the paper will identify the major methodologies and mechanisms that researchers use in conducting academic research and demonstrate how, in practice, research methods are applied. These methodologies will be expanded upon by the use of examples of relevant and current accounting/corporate governance research.