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Ifrs For Smes: Cultural Dimensions On Accounting In Central And Eastern Europe Countries

Author

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  • MARINA Alexandra Gabriela

    (Babes-Bolyai University, Cluj-Napoca)

Abstract

The aim of this paper is the impact evaluation of cultural dimensions on accounting in CEE countries concerning the adoption process of IFRS for SMEs. In achieving this aim, we identified the cultural characteristics of CEE countries using two basic models of cultural dimensions: the six dimensions of Hofstede (1980, 2010) and Gray's values (1988). The sample selected was analysed for Hofstede's dimensions and a similar accounting profile based on Gray's values. Further, we compared the profile of each jurisdiction to a favourable profile proposed by Borker (2012a) for the adoption of IFRS.

Suggested Citation

  • MARINA Alexandra Gabriela, 2019. "Ifrs For Smes: Cultural Dimensions On Accounting In Central And Eastern Europe Countries," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(4), pages 72-85, December.
    • Handle: RePEc:blg:reveco:v:71:y:2019:i:4:p:72-85
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/71406marina.pdf
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    References listed on IDEAS

    as
    1. Ding, Yuan & Jeanjean, Thomas & Stolowy, Herve, 2005. "Why do national GAAP differ from IAS? The role of culture," The International Journal of Accounting, Elsevier, vol. 40(4), pages 325-350.
    2. Alexandra-Gabriela Marina, 2019. "ACCOUNTING AND CULTURAL DIMENSIONS IN EUROPE AND CIS COUNTRIES REGARDING THE ADOPTION OF IFRS FOR SMEs," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(21), pages 1-2.
    3. Ding, Yuan & Jeanjean, Thomas & Stolowy, Herve, 2005. "Reply to discussion of "Why do national GAAP differ from IAS? The role of culture"," The International Journal of Accounting, Elsevier, vol. 40(4), pages 359-362.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    IFRS for SMEs; accounting values; cultural dimensions;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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