The economic consequences of mandatory IFRS adoption : the case of Arab countries

Abstract EN

Purpose: The study aimed at revealing the nature of the relationship between the economic markets efficiency and the Arab financial reporting environment after converging with IFRS.

Approach: the paper uses panel cointegration to investigate three main areas: Macroeconomic environment, Goods market efficiency, Market size, by using the Eviews.7 program.

Findings: the results showed a long run relationship between the economic markets efficiency and the quality of accounting in Arab countries during the study period.

Originality: this paper provides new empirical evidence in the context of studying the economic dimensions of IFRS in the Arab economies.