Ciência-IUL
Publications
Publication Detailed Description
Journal Title
Journal of Risk and Financial Management
Year (definitive publication)
2022
Language
English
Country
Switzerland
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Abstract
Based on the ten areas that are measured by the ease of doing business (EDB) and based on the getting credit (GC) indicator, this study seeks to analyze factors that lead to a more favorable business climate in different countries. The methodology of fuzzy-set qualitative comparative analysis (fsQCA) was used to determine the paths taken by configurations or conditions in which variables affect an outcome. The results showed that high EDB and GC scores may be obtained under specified levels of IFRS (International Financial Reporting Standards) adoption degree and user experience requirements. Therefore, the adoption of IFRS could result in a better business climate in a nation since it would increase the comparability of financial statements, which will lower costs for investors, draw in foreign investors, and boost trust. Finally, the findings indicated that, depending on the presence of specific levels of GDP per capita, entrepreneurship, income group, and foreign direct investment (FDI) inflows, low or high values of IFRS adoption and high experience in applying IFRS are necessary to achieve high GC scores.
Acknowledgements
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Keywords
IFRS adoption,Doing business,fsQCA,Get credit,Countries
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
Funding Records
Funding Reference | Funding Entity |
---|---|
UIDB/04521/2020 | Fundação para a Ciência e a Tecnologia |
UIDB/00315/2020 | Fundação para a Ciência e a Tecnologia |