Adoption of the International Financial Reporting Standards (IFRS) on companies' financing structure in emerging economies

被引：15

作者：

dos Santos, Marco Aurelio ^{[1
]}

Lopes Favero, Luiz Paulo ^{[1
]}

Distadio, Luiz Fernando ^{[1
]}

机构：

[1] Univ Sao Paulo, Sch Econ Business & Accounting, Dept Accounting & Finance, Ave Prof Luciano Gualberto,908 FEA 3 Room 211, BR-05508900 Sao Paulo, SP, Brazil

来源：

FINANCE RESEARCH LETTERS | 2016年 / 16卷

关键词：

IFRS; Financing structure; Multilevel models; Emerging market firms; CAPITAL STRUCTURE; CREDIT; HETEROGENEITY; INFORMATION; COUNTRY; ACCESS; FIRMS;

D O I：

10.1016/j.frl.2015.11.002

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper aims to study the relationship between the adoption of the International Financial Reporting Standards (IFRS) and the companies' financing structure in different emerging economies. A linear hierarchical regression model is applied, considering firm, country and region levels, in a database of 150,265 observations of companies from 145 countries between 2003 and 2014. The impact of the adoption of IFRS in financing decisions is heterogeneous among companies from different regions and countries. This effect is clearer when country controls are applied to monitor the legal enforcement and investor safety, such as the quality of the boards and accounting audits. (C) 2015 Elsevier Inc. All rights reserved.

引用

页码：179 / 189

页数：11

共 50 条

[41] The International Accounting Standards - IFRS: Adoption in Brazil
Pasini, Adriana Kurtz
RISUS-JOURNAL ON INNOVATION AND SUSTAINABILITY, 2015, 6 (03): : 97 - 114
[42] Voluntary adoption of International Financial Reporting Standards by large unlisted companies in Portugal - Institutional logics and strategic responses
Guerreiro, Marta Silva
Rodrigues, Lucia Lima
Craig, Russell
ACCOUNTING ORGANIZATIONS AND SOCIETY, 2012, 37 (07) : 482 - 499
[43] Adoption of the International Financial Reporting Standards by Greek non-listed companies: The role of coercive and hegemonic pressures
Mantzari, Elisavet
Sigalas, Christos
Hines, Tony
ACCOUNTING FORUM, 2017, 41 (03) : 185 - 205
[44] The impact of IFRS adoption on the quality of consolidated financial reporting
Mueller, Victor-Octavian
2ND WORLD CONFERENCE ON BUSINESS, ECONOMICS AND MANAGEMENT, 2014, 109 : 976 - 982
[45] The Impact of Mandatory International Financial Reporting Standards Adoption on Investment Efficiency: Standards, Enforcement, and Reporting Incentives
Gao, Ru
Sidhu, Baljit K.
ABACUS-A JOURNAL OF ACCOUNTING FINANCE AND BUSINESS STUDIES, 2018, 54 (03): : 277 - 318
[46] IFRS adoption and financial reporting quality in the MENA region
Ab Klish, Abdulbaset
Shubita, Moade Fawzi Shaker
Wu, Junjie
JOURNAL OF APPLIED ACCOUNTING RESEARCH, 2022, 23 (03) : 570 - 603
[47] Adoption of International Financial Reporting Standards and its effect on quality of financial reporting-a bibliometric study
Kumari, Reena
Naresh, G.
INTERNATIONAL JOURNAL OF MANAGERIAL AND FINANCIAL ACCOUNTING, 2023, 15 (03) : 255 - 281
[48] Global financial reporting convergence: A study of the adoption of International Financial Reporting Standards by the Swedish accountancy profession
Jansson, Andreas
COMPETITION & CHANGE, 2020, 24 (05) : 429 - 449
[49] Global Adoption of International Financial Reporting Standards: Implications for Accounting Education
Jackling, Beverley
ISSUES IN ACCOUNTING EDUCATION, 2013, 28 (02): : 209 - 220
[50] IFRS adoption, reporting incentives and financial reporting quality in private firms
Bassemir, Moritz
Novotny-Farkas, Zoltan
JOURNAL OF BUSINESS FINANCE & ACCOUNTING, 2018, 45 (7-8) : 759 - 796

← 1 2 3 4 5 →