IDEAS home Printed from https://ideas.repec.org/a/ami/journl/v13y2014i3p449-465.html
   My bibliography  Save this article

Determinants of voluntary IFRS adoption in an emerging market: Evidence from Turkey

Author

Listed:
  • Yigit Bora Senyigi

    (Zirve University, Gaziantep, Turkey)

Abstract

The European Commission has required the adoption of IFRS in order to harmonize financial reporting standards for European listed companies as of 1 January 2005. Adoption of IFRS by European Union has made IFRS the most widely accepted financial reporting standards in the world. Turkey, having close economic and political ties with the European Union, has followed the same path. Turkish firms listed on the Borsa Istanbul (stock exchange of Turkey) started to adopt financial reporting standards in compliance with IFRS voluntarily in 2003 and mandatorily in 2005. This study aims to examine empirically the determinants of voluntary IFRS adoption of listed firms in Turkey. This study reports on the results of an empirical investigation of the determinants of voluntary IFRS adoption by 206 non-financial firms listed on the Borsa Istanbul. Analyzing the determinants of voluntary IFRS adoption by Turkish listed firms during the transition period, we find that size, international exposure, and type of auditor are important drivers

Suggested Citation

  • Yigit Bora Senyigi, 2014. "Determinants of voluntary IFRS adoption in an emerging market: Evidence from Turkey," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 13(3), pages 449-465, September.
    • Handle: RePEc:ami:journl:v:13:y:2014:i:3:p:449-465
    as

    Download full text from publisher

    File URL: http://online-cig.ase.ro/RePEc/ami/articles/13_3_2.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mujeeb Saif Mohsen Al-Absy & Ku Nor Izah Ku Ismail, 2019. "Accountants¡¯ Perception on the Factors Affecting the Adoption of International Financial Reporting Standards in Yemen," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(4), pages 128-142, July.
    2. Radu-Daniel LOGHIN, 2017. "The Impact Of Auditor Affiliation On Financial Statement Relevance," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 15, pages 419-425, December.

    More about this item

    Keywords

    IFRS; voluntary adoption; emerging market; Turkey;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ami:journl:v:13:y:2014:i:3:p:449-465. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina Tartavulea (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.