An attempt to evaluate the legitimacy of accounting reform decision in developing countries under IFRS: an analytical perspective of the new institutional theory case study of Algeria

الملخص EN

Despite the criticism of the legitimacy of the international financial reporting standards (IRFS), Algeria has adopted a reform strategy that takes IFRS to keep pace with economic development and efficiency requirements.

however, this strategy was the matter of criticism and accountability of the key actors.

through this study, we aim to evaluate the legitimacy of accounting reform in developing countries from the perspective of the new institutional theory.

to do this, we adopted a case study of Algeria by using a variety of tools such as: interview, observation and analysis of archival data.

on the base of sociological approach of the new institutional theory, the study finds that the accounting reform in Algeria does not legitimate, because institutional pressure is a major factor that drives the decision of the reform on one hand, and on the other hand, the dominance of the state in making and managing accounting reform.