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Business and economic aspects of accounting standardization in Hungary

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  • Beke, Jeno

Abstract

The goal of this study is to describe and summarize how the accounting standards can promote business decisions and influence economic environment. The unified, standardized accounting information system will lead to new types of analysis and data, furthermore with the possible integration of new indicators from the business management of certain countries. The results of applied regression model support that the greater demand for more informative and conservative accounting earnings due to performance evaluations at more widely held by businesses stimulating to adopt international accounting standards. Businesses with lower labour productivity compared to their industry peers have greater incentives to follow accounting standardization.

Suggested Citation

  • Beke, Jeno, 2010. "Business and economic aspects of accounting standardization in Hungary," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 2(2), pages 1-7, July.
    • Handle: RePEc:ags:pdcbeh:95973
    DOI: 10.22004/ag.econ.95973
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    References listed on IDEAS

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    Cited by:

    1. Monika Janičíková, 2014. "Role of Financial Accounting Standardization in Initial Public Offerings [Role standardizace finančního účetnictví při kotaci podniku na veřejném kapitálovém trhu]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2014(4), pages 94-105.

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