 Multinational’s Influence in Decision to Adopt IAS/IFRSValentin Burca () and
Teodor-Florin Cilan ()
Annals of the University of Petrosani, Economics, 2013, vol. 13, issue 1, 35-48 Abstract: Discussions on the determinants of current developments in financial reporting matters drew a tendency to heterogenize the structure of financial accounting information demand, especially from external users. The success of the current accounting convergence process depends on the degree of participation, transparency and model of decision adopted in the international accounting standardization process. The legitimacy of these efforts is deeply affected by the position of accounting normalisers towards the main actors affected by changes in legislation regarding financial reporting which are the multinational companies. Financial strength and position of the main suppliers of financial information justifies the need to directly involve them in the process of accounting normalization. Keywords: IAS/IFRS; accounting convergence; foreign direct investment; multinational corporations; globalization (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:13:y:2013:i:1:p:35-48 Access Statistics for this article More articles in Annals of the University of Petrosani, Economics from University of Petrosani, Romania |
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