Title: Determinants of full IFRS adoption

Authors: Rahma Ben Salem; Salma Damak-Ayadi; Malek Saïhi

Addresses: ISIG Kairouan, ISCAE, LIGUE LR99ES24, University of Manouba, Campus Universitaire, Manouba 2010, Tunisia ' IHEC Carthage, ISCAE, LIGUE LR99ES24, University of Manouba, Campus Universitaire, Manouba 2010, Tunisia ' IHEC Carthage, Department of Finance, FSEGT, LIFE, University of Tunis El Manar, Tunisia

Abstract: This paper aimed to identify the factors that influence the adoption of IASB standards. We develop a model of environmental factors that lead countries to migrate towards a full adoption strategy. This model is tested empirically using a sample of 101 countries ranked according to different standardisation strategies. Using multinomial logistic regression, the findings show that Anglo-Saxon colonisation, Christianity, the presence of the Big 4 auditing firms in the countries and the belongingness to the European continent or to North America promote the full adoption of these standards, whereas the degree of economic providers' fulfilment with IFRS standards, as well as the level of economic development lead to the opposite effect on IFRS adoption.

Keywords: accounting systems; adoption; Anglo-Saxon colonisation; Big 4; Christianity; culture; economic development; economic providers; European continent; IASB; IFRS; North America; standardisation strategies.

DOI: 10.1504/IJMFA.2017.084776

International Journal of Managerial and Financial Accounting, 2017 Vol.9 No.2, pp.105 - 123

Received: 07 Jul 2016
Accepted: 17 Feb 2017
Published online: 26 Jun 2017 *

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