Adoption strategies, corruption and accounting quality: international evidence / Abdullah Hammad Alhammad … [et al.]

Alhammad, Abdullah Hammad and Abdullah Atqa, Asna and Abdul Latiff, Ahmed Razman and Wan Ngah, Wan Azman Saini (2019) Adoption strategies, corruption and accounting quality: international evidence / Abdullah Hammad Alhammad … [et al.]. In: ICAM2019 – International Conference on Accounting and Management. Faculty of Accountancy, Universiti Teknologi MARA Puncak Alam, Selangor, p. 73. ISBN 978-967-17038-0-9

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Abstract

The empirical literature on the effects of IFRS adoption strategies on accounting quality focuses on more IFRS enforcement strategy. Limited studies have, in particular, examined IFRS modification strategy in relationship with accounting quality. In this regard, this paper investigates the impacts of different IFRS adoption strategies on accounting quality. The mediating effect of control of corruption on the relation between different IFRS adoption strategies on accounting quality is also examined. The paper uses the two step system GMM estimator with a sample of 35 countries for the periods that span from 2013 to 2017. The findings reveal that different IFRS adoption strategies have significant influences on accounting quality. The different IFRS adoption strategies, namely enforcement and modification are positively associated with accounting quality with measure of timely loss recognition (β1 = 0.190, p < 0.001) and (β2 = 0.189, p < 0.001), respectively. These findings are consistent with the prior studies. The findings underline the importance of distinction between different IFRS adoption strategies. Furthermore, control of corruption is found to mediate the associations between different IFRS adoption strategies and quality of accounting, indicating accounting quality is related to control of corruption, which in turn is affected by both IFRS enforcement and modification strategies. Additionally, the accounting quality is strongly improved by IFRS enforcement and modification through the control of corruption as mediation. This implies that the control of corruption in a given nation improves in accounting quality more than IFRS adoption strategies. These findings provide flesh insights to stakeholders and contribute to accounting quality literature.

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Item Type: Book Section
Creators:
Creators
Email
Alhammad, Abdullah Hammad
a.h.alhammad@hotmail.com
Abdullah Atqa, Asna
UNSPECIFIED
Abdul Latiff, Ahmed Razman
UNSPECIFIED
Wan Ngah, Wan Azman Saini
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management
H Social Sciences > HF Commerce > Accounting. Bookkeeping
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Accountancy
Page Range: p. 73
Item ID: 43913
Uncontrolled Keywords: IFRS; Enforcement; Modification; Accounting quality; Control of corruption
URI: https://ir.uitm.edu.my/id/eprint/43913

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43913

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