Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms
Purpose – The study has endeavored to assay the nexus between the converged version of the International Financial Reporting Standards (IFRS) on the performance of the Indian-listed manufacturing firms. Design/methodology/approach – The study has randomly accessed the data of the Bombay Stock Exchan...
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2024-01-01
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| Series: | Rajagiri Management Journal |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/RAMJ-04-2022-0066/full/pdf |
| _version_ | 1797375376363618304 |
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| author | Mukesh Nepal Rajat Deb |
| author_facet | Mukesh Nepal Rajat Deb |
| author_sort | Mukesh Nepal |
| collection | DOAJ |
| description | Purpose – The study has endeavored to assay the nexus between the converged version of the International Financial Reporting Standards (IFRS) on the performance of the Indian-listed manufacturing firms. Design/methodology/approach – The study has randomly accessed the data of the Bombay Stock Exchange (BSE) listed Indian manufacturing firms using the Prowess IQ database. It has covered 2014–2016 as pre-IFRS and 2017–2020 as the post-IFRS convergence period. Moreover, the study has followed a longitudinal research design with cross-sectional time-series data and has used the difference-in-difference (DiD) technique to assess the effect of the IFRS convergence on firm performance (FP). Findings – The results have indicated that the adoption of the Indian Accounting Standards (Ind AS) has unlikely reported better FP. It has concurred policy implications as full adoption rather than convergence could reap the benefits of the IFRS. Originality/value – It has contributed to the existing body of knowledge by assaying the effect of the IFRS convergence on FP in developing economies like India using the DiD methodology. The study is an original piece of research and is free from plagiarism. |
| first_indexed | 2024-03-08T19:23:23Z |
| format | Article |
| id | doaj.art-470722baf6d64d179abef3e7019b02a4 |
| institution | Directory Open Access Journal |
| issn | 0972-9968 2633-0091 |
| language | English |
| last_indexed | 2024-03-08T19:23:23Z |
| publishDate | 2024-01-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | Rajagiri Management Journal |
| spelling | doaj.art-470722baf6d64d179abef3e7019b02a42023-12-26T12:51:46ZengEmerald PublishingRajagiri Management Journal0972-99682633-00912024-01-01181829410.1108/RAMJ-04-2022-0066Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firmsMukesh Nepal0Rajat Deb1Department of Commerce, Tripura University, Suryamaninagar, IndiaDepartment of Commerce, Tripura University, Suryamaninagar, IndiaPurpose – The study has endeavored to assay the nexus between the converged version of the International Financial Reporting Standards (IFRS) on the performance of the Indian-listed manufacturing firms. Design/methodology/approach – The study has randomly accessed the data of the Bombay Stock Exchange (BSE) listed Indian manufacturing firms using the Prowess IQ database. It has covered 2014–2016 as pre-IFRS and 2017–2020 as the post-IFRS convergence period. Moreover, the study has followed a longitudinal research design with cross-sectional time-series data and has used the difference-in-difference (DiD) technique to assess the effect of the IFRS convergence on firm performance (FP). Findings – The results have indicated that the adoption of the Indian Accounting Standards (Ind AS) has unlikely reported better FP. It has concurred policy implications as full adoption rather than convergence could reap the benefits of the IFRS. Originality/value – It has contributed to the existing body of knowledge by assaying the effect of the IFRS convergence on FP in developing economies like India using the DiD methodology. The study is an original piece of research and is free from plagiarism.https://www.emerald.com/insight/content/doi/10.1108/RAMJ-04-2022-0066/full/pdfIndiaIFRS convergenceFirm performanceDifference-in-difference approachRegression analysis |
| spellingShingle | Mukesh Nepal Rajat Deb Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms Rajagiri Management Journal India IFRS convergence Firm performance Difference-in-difference approach Regression analysis |
| title | Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms |
| title_full | Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms |
| title_fullStr | Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms |
| title_full_unstemmed | Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms |
| title_short | Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms |
| title_sort | do ifrs convergence affects firm performance picturing indian listed manufacturing firms |
| topic | India IFRS convergence Firm performance Difference-in-difference approach Regression analysis |
| url | https://www.emerald.com/insight/content/doi/10.1108/RAMJ-04-2022-0066/full/pdf |
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