Malmö University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Yield and the city: Swedish public housing and the political significance of changed accounting practices
Malmö University, Faculty of Culture and Society (KS), Department of Urban Studies (US).ORCID iD: 0000-0001-7357-2665
2021 (English)In: Critical Perspectives on Accounting, ISSN 1045-2354, E-ISSN 1095-9955, Vol. 80, article id 102161Article in journal (Refereed) Published
Abstract [en]

This article discusses the role of accounting in the changes that the public housing sector in Sweden has undergone. Public housing has been the cornerstone of the welfare state, which perceived housing as a right for all. These housing policies have been challenged from the 1990s onwards, and new legislation introduced in 2011 forced the sector to further economise operations. Because observance of the new legislation supposedly relied on accounting practices, calculative practices became important. The yield metric, which originates in financial economics, became prominent due to its capacity to condense contradictory conditions and time into a single figure, thereby making assets comparable.

A study comprising 44 interviews (46 interviewees) undertaken in 9 council-run public housing companies reveals the social impact of the introduced accounting practices. Results indicate that different understandings of the future can either (1) justify bringing residential holdings into a non-calculable sphere to secure political control or (2) result in counter calculations based on assumed future value increases on commercial investments. This vagueness of the notion of time influences the connection between accounting and governmentality and, ultimately, economisation processes since it opens up for political resistance and counter calculations

Place, publisher, year, edition, pages
Elsevier, 2021. Vol. 80, article id 102161
Keywords [en]
Accounting metrics, Housing, Calculative practices, Time, Calculative spheres, Governmentality
National Category
Business Administration
Identifiers
URN: urn:nbn:se:mau:diva-17051DOI: 10.1016/j.cpa.2020.102161ISI: 000707148900008Scopus ID: 2-s2.0-85083042739OAI: oai:DiVA.org:mau-17051DiVA, id: diva2:1423432
Available from: 2020-04-14 Created: 2020-04-14 Last updated: 2024-02-05Bibliographically approved

Open Access in DiVA

fulltext(605 kB)125 downloads
File information
File name FULLTEXT01.pdfFile size 605 kBChecksum SHA-512
e7c32ce479b8f0c6da6345d213cc8c79f7dcbb13e75084c62ab72a920244234b8818361c476acdfcbdd2a778526a1b2173b5301e046e0746af74e9f870ecd4cf
Type fulltextMimetype application/pdf

Other links

Publisher's full textScopus

Authority records

Westerdahl, Stig

Search in DiVA

By author/editor
Westerdahl, Stig
By organisation
Department of Urban Studies (US)
In the same journal
Critical Perspectives on Accounting
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 126 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 352 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf