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Role of Culture and Law Enforcement in Determining the Level of IFRS Adoption

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  • Supriadi Laupe

Abstract

This article investigated why IFRS adoption was in fact implemented differently in many countries around the world.We proposed two possible variables to determine a country adopting IFRS, in terms of cultural and law enforcement.We also proposed a measurement model of IFRS adoption level. We predict and find that countries with a high power distance level are likely to have low IFRS adoption level, and countries with a high law enforcement level are likely to have high IFRS adoption level.

Suggested Citation

  • Supriadi Laupe, 2018. "Role of Culture and Law Enforcement in Determining the Level of IFRS Adoption," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 56-64.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:56-64
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    File URL: https://www.ersj.eu/dmdocuments/2018_XXI_1_5.pdf
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    More about this item

    Keywords

    IFRS; National Culture; Law Enforcement; International Accounting Standard. JEL Classification: M41; M48.;
    All these keywords.

    JEL classification:

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

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