Determinants of IFRS for SMES Adoption Worldwide

Les déterminants de l'adoption de l'IFRS pour PMEs au monde

Pr. Benhayoun Issam and Pr. Zejjari Ibtissam
Additional contact information
Pr. Benhayoun Issam: UMI - جامعة مولاي إسماعيل = Université Moulay Ismaïl
Pr. Zejjari Ibtissam: USMBA - Université Sidi Mohamed Ben Abdellah

Post-Print from HAL

Abstract: The main purpose of this study is to analyze whether there is a relationship between macroeconomic factors and the adoption of IFRS for SMEs in order to help answer the question of why some countries adopt IFRS for SMEs while others do not. We used logistic regression analysis to investigate 150 countries, including 85 jurisdictions that have adopted IFRS for SMEs. The main results indicate that a country is more likely to adopt IFRS for SMEs if it has an unfavorable political climate and a non-Anglo-Saxon culture. Nonetheless, there is no evidence that the country's economic growth, the existence of a capital market, the educational level, and the legal system are associated with the decision to adopt IFRS for SMEs.This study contributes to a better understanding of the factors influencing the adoption of IFRS for SMEs on a country level and could be used to predict a country's decision to adopt this standard. It also adds to the literature on international accounting harmonization by examining country-level determinants that influence the adoption of IFRS for SMEs by all companies.

Keywords: IFRS; IFRS for SMEs; macroeconomic factors; country-level; adoption; Accounting harmonization (search for similar items in EconPapers)
Date: 2023-09-17
New Economics Papers: this item is included in nep-acc, nep-fdg and nep-sbm
Note: View the original document on HAL open archive server: https://hal.science/hal-04209334v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in International Journal of Accounting and Finance Studies, 2023, 6 (2), pp.12-39. ⟨10.22158/ijafs.v6n2p12⟩

Downloads: (external link)
https://hal.science/hal-04209334v1/document (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:hal:journl:hal-04209334

DOI: 10.22158/ijafs.v6n2p12

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().