The importance of adopting IFRS in emerging financial markets

Other Title(s)

أهمية تبني IFRS في الأسواق المالية الناشئة

Joint Authors

Shabani, Majid
Bekkaye, Ahmad
Saidani, Muhammad Sayyid

Source

Revue Scientifique Avenir Économique

Issue

Vol. 2018, Issue 6 (31 Dec. 2018), pp.275-290, 16 p.

Publisher

Université M'Hamed Bougara Boumerdès Faculté des Sciences Economiques Commerciales et des Sciences de Gestion Laboratoirc de Recherche sur l’Avenir de l’Economie Algerienne Hors les Hydrocarbures

Publication Date

2018-12-31

Country of Publication

Algeria

No. of Pages

16

Main Subjects

Financial and Accounting Sciences

Abstract EN

Purpose : the study aimed at revealing the nature of the relationship between the efficiency of Arab financial markets and the quality of Arab financial reporting environment after adoption IFRS during the period 2009 - 2018.

Approach : for study this relationship, the paper uses panel cointegration with a corresponding vector error correction model (VECM) to investigate in four main areas: financial market development DFS, ease of access to loans EAL, financing through local equity market FTLEM, venture capital availability VCA, by using the eviews.7 program to study three main models: pooled regression model, fixed effect model, random effect model.

Findings : the results showed a long run relationship between the quality of the Arab financial reporting environment and the efficiency of the Arab financial markets in all indicators and same period.

Originality : this is the first study that we are aware of to directly examine this relation in Arab financial markets, thus, this paper provides new empirical evidence in Arab economies for increase resource allocation efficiency.

our results are also particularly relevant for policy decisions in light of the increased interest by domestic and international investors on Arab region.

American Psychological Association (APA)

Shabani, Majid& Saidani, Muhammad Sayyid& Bekkaye, Ahmad. 2018. The importance of adopting IFRS in emerging financial markets. Revue Scientifique Avenir Économique،Vol. 2018, no. 6, pp.275-290.
https://search.emarefa.net/detail/BIM-907473

Modern Language Association (MLA)

Shabani, Majid…[et al.]. The importance of adopting IFRS in emerging financial markets. Revue Scientifique Avenir Économique No. 6 (2018), pp.275-290.
https://search.emarefa.net/detail/BIM-907473

American Medical Association (AMA)

Shabani, Majid& Saidani, Muhammad Sayyid& Bekkaye, Ahmad. The importance of adopting IFRS in emerging financial markets. Revue Scientifique Avenir Économique. 2018. Vol. 2018, no. 6, pp.275-290.
https://search.emarefa.net/detail/BIM-907473

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 290

Record ID

BIM-907473