IDEAS home Printed from https://ideas.repec.org/a/taf/rcjaxx/v2y2014i2p118-136.html
   My bibliography  Save this article

Exploring the determinants of voluntary adoption of IFRS by unlisted firms: A comparative study between the UK and Germany

Author

Listed:
  • Dan Yang

Abstract

This study provides direct evidence on unlisted firms’ adoption of International Financial Reporting Standards (IFRS), differing from previous studies that focused on listed firms. The current literature documents little evidence regarding the determinants of voluntary adoption of IFRS by unlisted firms. This study aims to fill in this gap with respect to both firm attributes and country attributes. From examining a sample of unlisted firms in the UK and Germany, I find that firm size, leverage, legal form, profitability and country-level institutional environment contribute to IFRS choices by unlisted firms. I further find that the country-level institutional environment fails to strengthen or weaken the role of firm-level factors affecting IFRS adoption. The evidence in this study offers insights regarding the determinants of unlisted firms’ preferences for adoption of accounting standards, and suggests which types of unlisted firms prefer to use and benefit from IFRS.

Suggested Citation

  • Dan Yang, 2014. "Exploring the determinants of voluntary adoption of IFRS by unlisted firms: A comparative study between the UK and Germany," China Journal of Accounting Studies, Taylor & Francis Journals, vol. 2(2), pages 118-136, April.
    • Handle: RePEc:taf:rcjaxx:v:2:y:2014:i:2:p:118-136
    DOI: 10.1080/21697221.2014.917030
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/21697221.2014.917030
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/21697221.2014.917030?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:taf:rcjaxx:v:2:y:2014:i:2:p:118-136. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcja .

    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.