One of Gray's accounting values is Professionalism versus Statutory Control. Which country would you expect to be closest to the Statutory Control end of the spectrum?

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France has a civil law legal system, which tends to have more statutory controls and regulations than common law legal systems found in countries like Australia, the UK, and the US. Additionally, France has a highly centralized corporate regulatory environment with strict enforcement. Therefore, it is likely closer to the Statutory Control end of the spectrum in terms of Gray's accounting values.

One of Gray's Accounting Values Is Professionalism Versus Statutory Control