The effects of management characteristics on the adoption of International Financial Reporting Standards for small and medium-sized enterprises.

La Soa Nguyen, Duc Cuong Pham
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Abstract

This study aims to examine the effects of management characteristics, including perceptiveness, support, and willingness on the adoption of International Financial Reporting Standards (IFRS) for small and medium-sized enterprises (SMEs) in Vietnam. The research collects secondary data via a questionnaire from 218 responses by senior managers and financial directors of SMEs in Vietnam during the period from January 2022 to June 2022. The model’s scales are established and tested by Cronbach’s alpha, exploratory factor analysis (EFA), and confirmatory factor analysis (CFA). Then, structural equation modeling (SEM) is used to test research hypotheses. The research results confirm that the readiness to apply IFRS in SMEs in Vietnam depends greatly on the perceptiveness and support of managers of researched firms, consistent with previous studies (Moqbel et al., 2013). Upon the analysis results, the research has proposed instructive recommendations to encourage SMEs to accelerate the preparation of firms’ financial statements complying with IFRS. By doing these, firms will increase their competitive advantages and promote international integration. The study also contributes to the literature as a lesson to countries in adopting full IFRS.
管理特征对中小企业采用国际财务报告准则的影响。
本研究旨在考察越南中小企业采用国际财务报告准则(IFRS)的管理特征,包括洞察力、支持和意愿的影响。该研究通过对越南中小企业高级管理人员和财务总监在2022年1月至2022年6月期间的218份回复进行问卷调查,收集了二手数据。通过Cronbach’s alpha、探索性因子分析(EFA)和验证性因子分析(CFA)建立模型的量表并进行检验。然后,利用结构方程模型(SEM)对研究假设进行检验。研究结果证实,越南中小企业是否准备好应用国际财务报告准则在很大程度上取决于所研究公司管理者的洞察力和支持,这与之前的研究一致(Moqbel等人,2013)。根据分析结果,本研究提出了鼓励中小企业加快编制符合国际财务报告准则的企业财务报表的有益建议。通过这样做,企业将增加竞争优势,促进国际一体化。该研究还为采用完整国际财务报告准则的国家提供了文献借鉴。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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CiteScore
1.20
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