IAS/IFRS Adoption and Behavioral Dimension: A Meta-Analysis of the Empirical Evidence

Open access


In this article, we investigate the causality links between behavioral factors and the decision to adopt IFRS in developing countries until the year 2013. We implement this empirical model by using the neo-institutional approach and based on a sample of 108 developing countries. Our empirical results show that there exists bidirectional causal relationship between the majority of the developed behavioral variables and the decision of adopting or not IFRS by developing countries. They also indicate through multivariate analysis that the selection of IAS / IFRS by developing countries is primarily legitimized by institutional and social pressures (institutional isomorphism). These empirical insights are of particular interest to local accounting standard setters of selected countries since they can provide a better discernment of factors that can encourage the adoption of IAS IFRS.

Abrahamson, E. (1996). Management fashion. Academy of management review, 21(1), 254-285.

Aczel, A. D., & Sounderpandian, J. (2002). Complete business statistics (Vol. 545, p. 2006). New York, NY: McGraw-Hill/Irwin.

Azan, W., & Bollecker, M. (2011). Management control competencies and ERP: an empirical analysis in France. Journal of Modelling in Management, 6(2), 178-199.

Barbu, E. (2006). L’application des normes IAS/IFRS par les entreprises françaises cotées: une décision sous influence institutionnelle. In COMPTABILITE, CONTROLE, AUDIT ET INSTITUTION (S) (pp. CD-Rom).

Benaicha, B., & Hamid, F. (2013). Facteur culturel et pratiques comptables en Algerie. Revue de chercheur, 13(1), 157-172.

Brewer, P. C. (1996). A Case Study of An Activity-Based Cost Management System–Implementation at Harris SemiConductor. Working Paper, August, Miami University.

Carpenter, V. L., & Feroz, E. H. (2001). Institutional theory and accounting rule choice: an analysis of four US state governments’ decisions to adopt generally accepted accounting principles. Accounting, organizations and society, 26(7), 565-596.

Chabrak, N. (2000). La politique comptable comme comportement organisationnel: une approche sociocognitive. Congrès ASAC-IFSAM 2000.

Choi, F. D., & Meek, G. K. (2005). Akuntansi Internasional. Jakarta: Salemba Empat.

Chouchane, B. (2010). Pertinence des normes comptables IAS/IFRS au contexte culturel tunisien. La Revue des Sciences de Gestion, (5), 129-140.

Clifford, M. L., E. (2000). Moving up the ladder, Business Week, November 6, 46 – 51.

Cooke, T. E., & Wallace, R. O. (1990). Financial disclosure regulation and its environment: A review and further analysis. Journal of Accounting and Public Policy, 9(2), 79-110.

DiMaggio, P. J., & Powell, W. W. (2000). The iron cage revisited-Institutional isomorphism and collective rationality in organizational fields (Reprinted from the American Sociological Association vol 48, pg 147-160, 1983). ADVANCES IN STRATEGIC MANAGEMENT, VOL 17, 2000, 17, 143-166.

ENGARDIO, P., & BELTON, C. (2000).Global capitalism. Business Week, vol. 6, 40-45.

Glynn, J. J., & Murphy, M. P. (1996). Public management: Failing accountabilities and failing performance review. International Journal of Public Sector Management, 9(5/6), 125-137.

Gray, J. (1988). National information policies: Problems and progress. London; New York: Mansell.

Groebner, D. F., Shannon, P. W., Fry, P. C., & Smith, K. D. (2011). Business statistics: a decision making approach. Prentice Hall/Pearson.

Gujarati, D. N. (2009). Basic econometrics. Tata McGraw-Hill Education.

Hofstede, G. (1984). Culture’s consequences: International differences in work-related values (Vol. 5). sage.

Hopwood, A. G. (1987). The archeology of accounting systems. Accounting, organizations and society, 12(3), 207-234.

Judge, W., Li, S., & Pinsker, R. (2010). National adoption of international accounting standards: An institutional perspective. Corporate Governance: An International Review, 18(3), 161-174.

KOSSENTINI, A., & BEN OTHMAN, H. (2014). A study of the institutional and economic determinants of IFRS adoption in emerging economies. TIJA Symposium TIJA, V.K. Zimmerman Center for International Education & Research in Accounting, University of Illinois at Urbana-Champaign

Lande, E. (2006). Accrual Accounting in the public sector: Between institutional Competitiveness and the search for Legitimacy. Accounting Reform in the Public Sector: Mimicry, Fad or Necessity, 19-30.

Lasmin, D. (2011). An institutional perspective on international financial reporting standards adoption in developing countries. Academy of Accounting and Financial Studies Journal, 15(2), 61-71.

Miller, P. (1996). Dilemmas of accountability: the limits of accounting (pp. 57-69). Blackwell Publishers.

Morris, R. D., & Gray, S. J. (2007, March). Corporate transparency differences in the Asian region: The feasibility of global standardization in practice. InAFAANZ Conference, Gold Coast, July.

Mueller, G. G., Kelly, L., & May, R. G. (1991). Introductory financial accounting. Prentice Hall.

Nobes, C., & Parker, R. H. (2008). Comparative international accounting. Pearson Education.

Scott, W. R. (1995). Institutions and organizations (pp. p-33). Thousand Oaks, CA: Sage.

Sy, I. T. (2011). Etude des liens entre l’appropriation des normes IAS/IFRS et les dimensions organidationnelles et managériales des services comptables (Doctoral dissertation, Conservatoire national des arts et metiers-CNAM).

Touron, P. (2004). L’adoption des principes comptables généralement reconnus aux États-Unis par Saint-Gobain-Pont-à-Mousson: du conflit d’agence à la légitimité institutionnelle. Comptabilité-Contrôle-Audit, 10(3), 161-191.

Journal Information


All Time Past Year Past 30 Days
Abstract Views 0 0 0
Full Text Views 159 159 17
PDF Downloads 111 111 17