Cultural and Socio-Economic Restrictions for the Adoption of the IESBA Code of Ethics for Professional Accountants in the European Countries

Itsaso Barrainkua and Marcela Espinosa-Pike

European Research Studies Journal, 2015, vol. XVIII, issue 1, 3-24

Abstract: This paper examines the adoption of the Code of Ethics of the International Ethics Standard Board of Accountants (IESBA) by European accounting organizations. Further, it analyses the influence of Hofstede’s countries’ cultural dimensions and accounting organizations’ seniority on the adoption of the IESBA Code of Ethics. The results suggest that accounting bodies’ ethical guidelines are increasingly aligned to the IESBA Code. However, this study highlights that cultural differences have great influence on ethical regulation. These results provide insights into the factors that affect the harmonization of ethical standards, which is a necessary step towards the internationalization of the accounting profession.

Keywords: IESBA code of ethics; accounting profession; IFAC; national culture; accounting bodies’ seniority; European countries (search for similar items in EconPapers)
JEL-codes: M41 M42 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.ersj.eu/repec/ers/papers/15_1_p1.pdf (application/pdf)

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:ers:journl:v:xviii:y:2015:i:1:p:3-24

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().