Theoretical and Applied Economics
No. 3 / 2024 (640), Autumn
Evaluating the International Financial Reporting Standards (IFRS) adoption in developing countries: an institutional theory review
University December 1, 1918 of Alba Iulia, Romania
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.
Contents
Evaluating the International Financial Reporting Standards (IFRS) adoption in developing countries: an institutional theory review
Analyzing the impact of oil price fluctuations on economic growth in Algeria: an empirical study
Impact of population cycle on income sharing pattern of a capitalistic society
Understanding users' behavioral intention to use artificial intelligence for personal financial management: an innovation diffusion theory approach
Financial stability and monetary policy rules: evidence from Tunisia
The transfer between the spending habits of different generations-a debate between retail and E-commerce
Planning for economic integration: addressing trade challenges posed by the Ukraine-Russia conflict in Europe
Dynamics of the interplay between economic complexity, governance and economic growth in the BRICS countries: a panel GMM approach
The relevance of theories of foreign direct investment to mergers and acquisitions in Africa
The impact of employment in industry on income inequality in Great Britain
Structural transformation, poverty, and inequality in emerging countries
How work works for the new generations?
Assessing the nexus between market openness and economic growth: an emerging market perspective
The relationship between access to electricity, CO2 emissions, and economic growth in BRICS
Social aspects of the informal economy: evidence from EU countries
Tracing the path: testing the environmental Kuznets Curve in Algeria using ARDL bounds testing
Dynamic interactions among selected world stock indices: a VAR approach
Boosting human capital: how the COVID-19 pandemic accelerated agile methodology adoption in software development
Do gold, oil and bitcoins possess safe heaven attributes in times of crisis? Empirical evidence using a wavelet-based time-frequency dependency approach from the pandemic to the Russia–Ukraine crisis
Financial contagion and the circular economy paradigm: opportunities and challenges for Romania
The circular economy in Romania: a bibliometric study of innovation and sustainable practices