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The Effect of IPSAS Adoption on Governance Quality: Evidence from Developing and Developed Countries

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  • Vincent Tawiah

    (Dublin City University)

Abstract

We use large panel data of 107 developed and developing countries to examine the impact of the International Public Sector Accounting Standards (IPSAS) adoption on governance quality. Our results show that IPSAS has a positive and significant influence on governance quality, suggesting that IPSAS ensure accountability and transparency between the government and its citizens. However, we find that the positive effect of IPSAS is limited to developing countries. The findings provide empirical evidence to policymakers and regulators in their pursuit of global harmonisation of governmental accounting through the adoption of IPSAS, especially in developing countries.

Suggested Citation

  • Vincent Tawiah, 2023. "The Effect of IPSAS Adoption on Governance Quality: Evidence from Developing and Developed Countries," Public Organization Review, Springer, vol. 23(1), pages 305-324, March.
    • Handle: RePEc:kap:porgrv:v:23:y:2023:i:1:d:10.1007_s11115-022-00625-w
    DOI: 10.1007/s11115-022-00625-w
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    8. Oulasvirta, Lasse, 2014. "The reluctance of a developed country to choose International Public Sector Accounting Standards of the IFAC. A critical case study," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(3), pages 272-285.
    9. Giuseppe Grossi & Ileana Steccolini, 2015. "Pursuing Private or Public Accountability in the Public Sector? Applying IPSASs to Define the Reporting Entity in Municipal Consolidation," International Journal of Public Administration, Taylor & Francis Journals, vol. 38(4), pages 325-334, March.
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    12. repec:eme:aaaj00:aaaj-03-2016-2477 is not listed on IDEAS
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    Cited by:

    1. Fatma Ben Slama, 2024. "International Public Sector Accounting Standards and Economic Growth: An International Study of IPSAS Adoption and Experience," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 23(3), pages 483-506, September.
    2. Sean Scannell & Vincent Tawiah, 2024. "A Thematic Literature Review on International Public Sector Accounting Standards (IPSAS)," Public Organization Review, Springer, vol. 24(3), pages 1053-1075, September.

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