Date of Award
2012-01-01
Degree Name
Doctor of Philosophy
Department
Theses & dissertations (College of Business)
Advisor(s)
Esperanza Huerta
Abstract
Globalization of capital markets has increased the need for harmonized accounting standards around the world. International regulators promote the adoption of International Financial Reporting Standards (IFRS) to increase harmonization. The purpose of this paper is to assess the impact of IFRS adoption on the economic growth of adopting countries taking into consideration the level of enforcement within a country. I hypothesize that the adoption of IFRS increases the economic growth of the adopting countries. This effect is to be moderated by the level of enforcement. That is, I hypothesize a positive interaction between enforcement level and IFRS adoption on the economic growth rate of a country. However, when enforcement is taken by itself, it causes a negative impact on the economic growth rate of a country. Using several statistical procedures and models to estimate regression, I find support for first two hypotheses. I find partial support for hypothesis 3.
Language
en
Provenance
Received from ProQuest
Copyright Date
2012
File Size
95 pages
File Format
application/pdf
Rights Holder
Syed Kashif Raza Zaidi
Recommended Citation
Zaidi, Syed Kashif Raza, "IFRS Adoption and Enforcement as Antecedents of Economic Growth" (2012). Open Access Theses & Dissertations. 2417.
https://scholarworks.utep.edu/open_etd/2417