The perception of the impact of the adoption of IFRS on the quality of financial information by Moroccan financial actors: Modeling by structural equations
The adoption of IFRS by the different payers has always been accompanied by the accentuation of the debate on the impact of such implementation on the quality of the financial information produced according to this new accounting framework. Therefore, it seemed appropriate to conduct our research by analyzing the perception of the main Moroccan financial actors on the impact of the adoption of IFRS on the quality of the annual accounts of the adopting listed companies. Therefore, we sent our questionnaire to a sample of 64 major players in the Moroccan financial market.
In order to draw valid conclusions, we have based our methodological choices on the positivist paradigm, where the hypotheses of our problem are derived from theory. Following this logic, we have chosen a quantitative approach based on structural equations, and more precisely on the PLS method, which does not require a large number of observations and does not demand a normal distribution of the basic data.
Therefore, our main results seem to indicate that the implementation of the IFRS standards has contributed positively to the improvement of the quality of financial communication. Moreover, Moroccan financial actors believe that the adoption of IFRS could significantly improve the financial performance of companies. Finally, the main users of financial information consider that the adoption of IFRS is of considerable interest to adopting companies listed in Casablanca.
Keywords: perception; IFRS; financial communication; financial performance; quality of information.
JEL Classification : E22 ; H11
Paper type : Empirical research
Copyright (c) 2022 Adil LAOUANE, Mohamed TORRA
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