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.
Keywords: international financial reporting standards (IFRS), institutional theory, developing countries, systematic literature review, Governance.
Contents
- Analyzing the impact of oil price fluctuations
on economic growth in Algeria:
an empirical study
Youssouf HADJI
Abdessamed BEN ABDERRAHMANE
- Impact of population cycle
on income sharing pattern of a capitalistic society
Bishal ROUTH
Joy SARKAR
- Understanding users' behavioral intention to use
artificial intelligence for personal financial management:
an innovation diffusion theory approach
Muhammed JISHAM
Selvaraj VANITHA
Abin JOHN
- Financial stability and monetary policy rules:
evidence from Tunisia
Dorra TURKI
Rima LAJNAF
- The transfer between the spending habits of different
generations-a debate between retail and E-commerce
Diana-Elena ZIDARU
- Planning for economic integration:
addressing trade challenges posed
by the Ukraine-Russia conflict in Europe
Zar SHAH
Khalid ZAMAN
Gul Faraz KHAN
- Dynamics of the interplay between economic complexity,
governance and economic growth in the BRICS countries:
a panel GMM approach
Samir Ul HASSAN
Joel BASUMATARY
Biswambhara MISHRA
- The relevance of theories of foreign direct investment
to mergers and acquisitions in Africa
Magdalene Kasyoka WILSON
- Structural transformation, poverty,
and inequality in emerging countries
Nihel FRIKHA
Foued Badr GABSI
- How work works for the new generations?
Raluca Iuliana GEORGESCU
Dumitru Alexandru BODISLAV
- Assessing the nexus between market openness
and economic growth:
an emerging market perspective
Sana SHAWL
Keyur M NAYAK
Nissar YATOO
- The relationship between access to electricity,
CO2 emissions, and economic growth in BRICS
Xenaneira SHODROKOVA
Anna YULIANITA
Abdul BASHIR
- Social aspects of the informal economy:
evidence from EU countries
Sorina Emanuela ȘTEFONI
Iulian Viorel BRAȘOVEANU
Ionela BUTU
- Tracing the path: testing the environmental Kuznets Curve
in Algeria using ARDL bounds testing
Sidahmed BEKHTI
Zineddine GUEDDAL
Kamel AKRICHE
Roucham BENZIANE
- Dynamic interactions
among selected world stock indices:
a VAR approach
Tejesh H R
Khajabee M
- Boosting human capital: how the COVID-19 pandemic
accelerated agile methodology adoption
in software development
Andreea Teodora IACOB
Cristian STANA
Radu Alexandru BUDU
- Financial contagion and the circular economy paradigm:
opportunities and challenges for Romania
Ionuț NICA
Ștefan IONESCU
Andreea RADU
Ștefan CIOARIC
David ANGHEL
- The circular economy in Romania:
a bibliometric study of innovation
and sustainable practices
Nora CHIRIȚĂ
Camelia DELCEA
Cristian CIUREA
Irina GEORGESCU