Institutional and Economic Factors Affecting the Adoption of International Public Sector Accounting Standards |
| |
| Authors: | Yosra Mnif Sellami Yosra Gafsi |
| |
| Institution: | 1. Department of Accounting, Taxation and Law in High Institute of Business Administration of Sfax, Laboratory Governance, Finance and Accounting, University of Sfax, Sfax, Tunisia;2. Faculty of Economics &3. Management of Sfax, University of Sfax, Sfax, Tunisia |
| |
| Abstract: | This article investigates the environmental factors associated with countries’ decision to adopt International Public Sector Accounting Standards (IPSAS). Based on a sample of 110 countries, the results reveal a positive influence of external public funding (coercive isomorphic pressure), the degree of external openness (mimetic isomorphic pressure), and public sector organizations’ importance on IPSAS adoption. They show a negative effect of the availability of local GAAP on this decision, whereas education level (normative isomorphic pressure) is a nonsignificant factor. This research contributes to the international accounting literature in the public sector. The results are relevant to standard-setters, regulators, researchers, international financial organizations, and non-adopting countries. |
| |
| Keywords: | IPSAS adoption environmental factors institutional theory isomorphism theory of economic regulation public sector accounting |
|
|
