The diversity of occupations among the members of the Financial Accounting Standards Board suggests that the resulting diversity of opinions would presage a virtual impossibility of standards setting unless coalitions exist. This study examines the possibility of employment-related coalitions. The findings show that, indeed, coalitions do exist under certain circumstances. Surprisingly, the Big Eight members of the FASB who appear to have a large potential voting power have not formed the controlling coalition that might have been expected.
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