Related Papers
Use of International Accounting Standards and Source of Finance: the Case of Greek Companies Listed in the Athens Stock Exchange
Dr. Stergios Athianos
VOLUNTARY ADOPTION OF IFRS BY ITALIAN PRIVATE FIRMS: A STUDY OF THE DETERMINANTS
Gaetano Matonti
Prior literature states that the voluntary adoption of IFRS by private firms is related to some firms' contracting incentives (for example, the leverage or the firm' size). In Italy, from the 2006 the private firms that meet the criteria of the Legislative Decree 38/2005 may prepare (voluntary choice) the separate financial statements according to the IFRS. In 2009 we find that some private firms have voluntarily adopted the IFRS. The aim of the paper is to analyze the determinants of voluntary adoption of IFRS by those firms in their separate financial statements. According to prior literature, we find those firms are more likely to adopt IFRS when the ownership is dispersed, there are foreign shareholders and firms are more leveraged. We also find that the likelihood of IFRS voluntary adoption by private subsidiaries firms increases when their parent company complies with IFRS.
Compliance with IAS/IFRS and its Determinants: A Meta-Analysis
2016 •
Khaled Samaha
The objective of this paper is to meta-analyze a set of 1? empirical papers dealing with the determinants of the degree of compliance with IASXIPRS standards. We consider firm size (proxy for agency theory), profitability [proxy for signaling theory), leverage (proxy for agency and signaling theories), auditor (proxy signaling theory), internationality (proxy for capital need theory), and ownership diffusion (proxy for agency theory). Our results provide evidence that firm size, auditor type, multi~ nationality, profitability and ownership dispersion have a positive effect on IASXIFRS compliance. Compliance with IAS/IFRS in emerging markets is suongly associated vnth firm size, auditor type, leverage, profitability and ownership dispersion. Given the low disclosure envnonment, weak investors’ protection and capital external need prevailing in these contexts; these factors are likely to enhance corporate reporting policy. -Managers comply seriously with LAS/IFRS in developing countrie...
Adoption and compliance with ifrs by listed firms in ghana and the extent of financial statement disclosures
2017 •
Dr. Seth Nana Kwame Appiah-Kubi, B.Ed. MSc.
With the differing development in similarity to enhance basic leadership, the hugeness of IFRS can't be over misrepresented. Is been 10 years since Ghana formally acknowledged International Accounting Standard(IAS)/International Financial Reporting Standard (IFRS), trading Ghana National Accounting Standard for every single recorded organization. Recorded organizations who asserted consistence have consistence hole as yet existing. Past research has upheld that. This examination, explored the degree of consistence with IFRS disclosure necessities of recorded firms on the Ghana Stock Exchange. What's more, the investigation endeavored to recognize factors, for example, firm size, use, profitability related with the level of consistence. The investigation utilized optional information which were procured from recorded firms on the Ghana Stock Exchange yearly reports. The period attempted for the investigation was from 2008 to 2016. These years were picked since less work has b...
De Economist
The impact of legal and voluntary investor protection on the early adoption of International Financial Reporting Standards (IFRS)
2007 •
jasmine kaur
Routledge
Voluntary Adoption of the IFRS and Industry-Level: Evidence from Korean Unlisted Firms
2017 •
KYUNG HEE UNIVERSITY SCHOOL OF MANAGEMENT
This study examines the role of industry-level comparability with regard to voluntary adoption of the international financial reporting standards (IFRS) by unlisted firms in Korea. Mandatory adoption of the IFRS for listed firms in 2011 inhibits financial statement comparability between listed and unlisted firms. Our empirical findings reveal that unlisted firms in industries with higher ratios of listed firms tend to adopt the IFRS voluntarily. After this adoption, such unlisted firms seem to attract greater investment in the public debt market.
Journal of Financial Reporting and Accounting
Firm characteristics and compliance with IAS/IFRS
2019 •
Ali Alnaas
Purpose This paper aims to examine the influence of firm characteristics on harmonisation of companies listed on the Egypt, Morocco and Tunisia Stock Exchanges. Design/methodology/approach This study uses a checklist based mainly on the International Financial Reporting Standards (IFRS). Findings The findings of the study are 6that the level of compliance with IFRS was higher in 2010 than in 2005. Multiple regression analysis indicates that the level of compliance with IFRS increases with company size, institutional ownership, industry and language of disclosure. Research limitations/implications The findings of this study suggest that both institutional- and firm-level forces influence the harmonisation process. Originality/value This study contributes to the literature on accounting harmonisation in the context of North Africa.
Journal of International Financial Management & Accounting
The Value Relevance of Accounting Income Reported by DAX-30 German Companies
2007 •
Jenice Prather-Kinsey
Accounting for Financial Instruments: An Analysis of the Determinants of Disclosure in the Portuguese Stock Exchange
diah fitriyani
Social Science Research Network
Factors Influencing the Extent of Corporate Compliance with IFRS - The Case of Hungarian Listed Companies
2008 •
Szilveszter Fekete
