IFRS for SMEs adoption, corporate governance, and quality of financial statements: evidence from Dominican Republic and El Salvador

IF 3.2 Q1 BUSINESS, FINANCE Journal of Accounting in Emerging Economies Pub Date : 2022-11-24 DOI:10.1108/jaee-10-2021-0348
N. Sassi, Salma Damak-Ayadi
{"title":"IFRS for SMEs adoption, corporate governance, and quality of financial statements: evidence from Dominican Republic and El Salvador","authors":"N. Sassi, Salma Damak-Ayadi","doi":"10.1108/jaee-10-2021-0348","DOIUrl":null,"url":null,"abstract":"PurposeThe purpose of this study is to examine the indirect relationship between the mandatory adoption of International Financial Reporting Standards for small and medium-sized enterprises (IFRS for SMEs) and the corporate governance index (CGI) by checking the mediating effect of the quality of financial statements (QFS) on this relationship.Design/methodology/approachThe main objective of the IFRS for SMEs standard is to meet the specific needs of SMEs in transition and developing economies. Here, the authors used the structural equation method to investigate SMEs in countries that mandate the application of IFRS for SMEs for the years 2010 (pre-adoption) and 2016 (post-adoption). The final sample covered two emerging countries: the Dominican Republic and El Salvador.FindingsThe results show a positive association between the adoption of IFRS for SMEs, CGI and QFS. Furthermore, the findings confirm that the relationship between IFRS for SMEs adoption and CGI is under the control of the QFS.Originality/valueThis study provides standard setters and managers of SMEs with an overview of the importance of QFS on the significance of this relationship in emerging countries. The study contributes to the literature by examining the indirect relationship between IFRS for SMEs and CGI and building a CGI that integrates a set of governance practices linked to SMEs.","PeriodicalId":45702,"journal":{"name":"Journal of Accounting in Emerging Economies","volume":null,"pages":null},"PeriodicalIF":3.2000,"publicationDate":"2022-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Accounting in Emerging Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/jaee-10-2021-0348","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0

Abstract

PurposeThe purpose of this study is to examine the indirect relationship between the mandatory adoption of International Financial Reporting Standards for small and medium-sized enterprises (IFRS for SMEs) and the corporate governance index (CGI) by checking the mediating effect of the quality of financial statements (QFS) on this relationship.Design/methodology/approachThe main objective of the IFRS for SMEs standard is to meet the specific needs of SMEs in transition and developing economies. Here, the authors used the structural equation method to investigate SMEs in countries that mandate the application of IFRS for SMEs for the years 2010 (pre-adoption) and 2016 (post-adoption). The final sample covered two emerging countries: the Dominican Republic and El Salvador.FindingsThe results show a positive association between the adoption of IFRS for SMEs, CGI and QFS. Furthermore, the findings confirm that the relationship between IFRS for SMEs adoption and CGI is under the control of the QFS.Originality/valueThis study provides standard setters and managers of SMEs with an overview of the importance of QFS on the significance of this relationship in emerging countries. The study contributes to the literature by examining the indirect relationship between IFRS for SMEs and CGI and building a CGI that integrates a set of governance practices linked to SMEs.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
中小型企业采用国际财务报告准则、公司治理和财务报表质量:来自多米尼加共和国和萨尔瓦多的证据
目的本研究的目的是通过检验财务报表质量(QFS)对中小企业强制采用国际财务报告准则(IFRS)与公司治理指数(CGI)之间的间接关系。设计/方法/方法国际财务报告准则中小企业标准的主要目标是满足转型期和发展中经济体中小企业的具体需求。在这里,作者使用结构方程方法调查了2010年(采用前)和2016年(采用后)要求对中小企业应用《国际财务报告准则》的国家的中小企业。最后的样本涵盖了两个新兴国家:多米尼加共和国和萨尔瓦多。调查结果显示,中小企业采用《国际财务报告准则》、CGI和QFS之间存在正相关。此外,调查结果证实,中小企业采用《国际财务报告准则》与CGI之间的关系受QFS控制。原创性/价值本研究为中小企业的标准制定者和管理者提供了QFS在新兴国家这种关系重要性的概述。该研究通过研究中小企业国际财务报告准则与CGI之间的间接关系,并构建一个集成了一套与中小企业相关的治理实践的CGI,为文献做出了贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
CiteScore
5.80
自引率
13.00%
发文量
38
期刊最新文献
Board monitoring and corporate disclosure: the role of the institutional environment and firm-level governance Governance disclosure quality and firm performance: empirical evidence from an emerging economy School ties between external auditors and audit committee: evidence from the audit fee in Indonesia The role of corporate governance on corporate tax avoidance: a developing country perspective Enterprise risk management, corporate governance and insurers risk-taking behaviour in South Africa: evidence from a linear and threshold analysis
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1