Evaluating the International Financial Reporting Standards (IFRS) adoption in developing countries: an institutional theory review

Omar Alhato
Additional contact information
Omar Alhato: University December 1, 1918 of Alba Iulia, Romania

Theoretical and Applied Economics, 2024, vol. XXXI, issue 3(640), Autumn, 5-14

Abstract: Due to the rising globalization over the last three decades, several nations are searching for internationally standardized financial reporting rules. More uniformity in financial reporting is now desired. The application of institutional theory can lead to a better comprehension of how IFRS Standards are implemented; however, it has been demonstrated that institutional features have a significant influence on social conduct and are hence crucial in characterizing the emerging countries. It follows that it seems reasonable to infer that developing nations would adopt IFRS for objectives beyond economic ones. The goal of the current study is to conduct a review of the institutional theory literature with a focus on investigating the application of IFRS in developing countries; particularly the relationships among this theory. A systematic review of the literature was the approach employed, and the main papers were discovered utilizing the following databases: books, the most cited publications, and the Web of Science. Consequently, in the context of accounting systems for developing countries, this research will provide an opportunity to support further studies that foster a greater appreciation for the theoretical contributions' capacity to determine the institutional structure of change procedures associated with the adoption of IFRS.

Keywords: international financial reporting standards (IFRS); institutional theory; developing countries; systematic literature review; Governance. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/articole/1761.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1761&rid=156 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxxi:y:2024:i:3(640):p:5-14

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().