Compliance with IFRS 16 Mandatory Presentation and Disclosure Requirements and Company Characteristics: Evidence from an Emerging Market

Ali, Salah A.

doi:10.21608/cfdj.2020.129332

Cited by 3 publications

(17 citation statements)

References 35 publications

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“…Boujelben and Kobbi-Fakhfakh (2020), Correia (2015), Santos et al (2014), Demir and Bahadir (2014), Alanezi et al (2012), Tsalavoutas (2011), Tsalavoutas et al (2010), Cunha (2009) and Alfaraih (2009) are some examples of authors who have dedicated their studies to the level of compliance of various international standards and/or identification of the determinants for that level of compliance. Concerning the IFRS 16 for leases, some international studies investigate the compliance level with IFRS disclosure requirements among listed companies from Africa (Emmanson, 2022), Brazil (Gonzales & Santos, 2022), Romania (Levanti, 2022 andVrejoiu, 2022) and Asia (Ali (2021). Emmanson (2022) concluded that most of transportation/logistics firms listed in the Nigeria stock market failed to disclose the measurement policy applied to right of use assets at transition.…”

Section: Niif 16mentioning

confidence: 99%

“…Also in Romania, Vrejoiu (2022) found that the publication, by listed companies, of information on the application of IFRS 16 was very heterogeneous. Ali (2021) investigates the association of the IFRS 16's level of compliance with some characteristics of the companies listed on Bahraini stock market. The results indicate that the average compliance score with IFRS 16 mandatory presentation and disclosure requirements was of 58.72%.…”

Section: Niif 16mentioning

confidence: 99%

“…Several studies (Ali, 2021;Tran et al, 2019;Santos et al, 2014;Alfaraih, 2009) have found that the size of the company positively and significantly influences the level of compliance with the disclosure requirements of international standards. Few studies (Umar et al, 2022;Tsegba et al 2017;Correia, 2015) verified a negative relationship.…”

Section: Niif 16mentioning

confidence: 99%

“…This variable is usually measured through the asset logarithm (Santos et al, 2014 andCorreia, 2015), total assets (Ali, 2021 andAlfaraih, 2009) or even market value (Tsalavoutas, 2011). In our study, we chose to use the logarithm of total assets because, as stated by Correia (2015:55) "the absolute values present a great variability and, using the logarithmic transformation helps to homogenize the eventual variances that may occur in the statistical analysis.…”

Section: Niif 16mentioning

confidence: 99%

See 3 more Smart Citations

Explanatory Factors of the Compliance With Ifrs 16 (Leases) Disclosure Requirements: Evidence From the Portuguese Stock Market

Lemos

Monteiro

Oliveira

2023

GCG

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This paper aims to analyze the degree of compliance with the IFRS 16 disclosure requirements, in the first year of mandatory adoption of IFRS 16, and to identify its determinant factors. As methodology, we performed a content analysis of the reports and accounts of a sample of companies listed on Euronext Lisbon. A multiple linear regression model was also developed, which assumes the compliance disclosure index as a dependent variable as some companies’ characteristics as potential explanatory factors. Results of descriptive statistics indicate that, in the first year of adoption of IFRS 16, the average level of compliance with disclosure requirements is approximately 0.66. The multivariate analyses reveals that the type of auditor significantly positively influences the compliance disclosure index and therefore we conclude that entities with accounts audited by one of the Big Four exhibit a higher level of disclosure than those that are audited by other audit firms.

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Section: Niif 16mentioning

confidence: 99%

Section: Niif 16mentioning

confidence: 99%

Section: Niif 16mentioning

confidence: 99%

Section: Niif 16mentioning

confidence: 99%

See 2 more Smart Citations

Explanatory Factors of the Compliance With Ifrs 16 (Leases) Disclosure Requirements: Evidence From the Portuguese Stock Market

Lemos

Monteiro

Oliveira

2023

GCG

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“…Divergent opinions and mixed results have prevailed in the literature of the possible effect of lease financing and liquidity on return on investment. While some studies have documented the positive effect of leasing financing on firm return on equity Ali [4], Bontas [8] and Musa [45], some others have reported the negative effect of lease financing on return on investments Lazar & Velte [21]; Hassan, Sarea & Kukreja [18]. Consequent to mixed results, inconclusiveness becomes imperative, and gaps in the literature.…”

Section: Introductionmentioning

confidence: 99%

Leases Financing, Liquidity, and Return on Equity of Selected Manufacturing Companies in Nigeria: Implication of IFRS 16 Leases

Tunji¹,

Augustine²,

Olabode³

et al. 2022

IJAFRM

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The new IFRS 16 standards, which replaced IAS 17, have brought changes affecting primarily leases, and while the lessor's accounting remains largely unchanged, this could result in changes in companies' investment decision options. Studies have argued that the new IFRS 16 has come with complexities affecting the financial and off-statement of financial position events. However, the extent of the effect on corporate return on equity, especially for manufacturing companies, remains unclear. As a result, the impact of lease financing and liquidity on the return on equity of selected listed manufacturing companies in Nigeria was investigated in this study. Secondary data was acquired from a population of 66 manufacturing organizations using an Expo facto research design. 10 companies were purposefully chosen and listed over a 10-year period from 2011 to 2020. The data was analyzed using descriptive and inferential statistics. Lease finance and liquidity were found to have a beneficial impact on return on equity (Adj.R 2 = 0.064; F (4, 95) = 18.57; p-value = 0.05). In introducing firm size as a controlling variable, the study revealed that firm size, leases financing and liquidity had a stronger positive effect on return on equity, (Adj.R 2 = 0.121; F (5, 94) = 28.29; p-value < 0.05). The study concluded that leasing and liquidity had a beneficial impact on the return on equity of selected Nigerian listed manufacturing enterprises. The study recommended that managers show competence when making lease finance and liquidity decisions because poor decisions could jeopardize the attainment of corporate goals and objectives.

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The Impact of the IFRS 16 Adjustments “Coronavirus-Related Lease Contracts” on the Financial Performance (Royal Jordanian Case Study)

Almubaydeen

Qushtom

Hamza

et al. 2022

Lecture Notes in Networks and Systems

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Compliance with IFRS 16 Mandatory Presentation and Disclosure Requirements and Company Characteristics: Evidence from an Emerging Market

Cited by 3 publications

References 35 publications

Explanatory Factors of the Compliance With Ifrs 16 (Leases) Disclosure Requirements: Evidence From the Portuguese Stock Market

Explanatory Factors of the Compliance With Ifrs 16 (Leases) Disclosure Requirements: Evidence From the Portuguese Stock Market

Leases Financing, Liquidity, and Return on Equity of Selected Manufacturing Companies in Nigeria: Implication of IFRS 16 Leases

The Impact of the IFRS 16 Adjustments “Coronavirus-Related Lease Contracts” on the Financial Performance (Royal Jordanian Case Study)

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