تعداد نشریات | 25 |
تعداد شمارهها | 931 |
تعداد مقالات | 7,652 |
تعداد مشاهده مقاله | 12,492,019 |
تعداد دریافت فایل اصل مقاله | 8,884,356 |
بررسی رابطه بین استانداردهای بینالمللی گزارشگری مالی و نابرابری درآمد با توجه به نقش توسعه مالی: منتخبی از کشورهای در حال توسعه آسیا | ||
تحلیل های اقتصادی توسعه ایران | ||
مقاله 2، دوره 10، شماره 1 - شماره پیاپی 25، تیر 1403، صفحه 27-50 اصل مقاله (437.09 K) | ||
نوع مقاله: مقاله پژوهشی | ||
شناسه دیجیتال (DOI): 10.22051/ieda.2024.46800.1408 | ||
نویسندگان | ||
حبیب انصاری سامانی* 1؛ سیما دالوندی2 | ||
1دانشیار، گروه اقتصاد، دانشکده اقتصاد، مدیریت و حسابداری، دانشگاه یزد، یزد، تهران | ||
2کارشناسی ارشد، گروه حسابداری، دانشکده اقتصاد و علوم اجتماعی، دانشگاه شهید چمران اهواز، اهواز، ایران | ||
چکیده | ||
نابرابری درآمد همچنان یک موضوع نگرانکننده است. مطالعات پیشین نشان میدهند که با رشد اقتصاد یک کشور، درآمدها افزایش و اختلاف درآمدی کاهش مییابد. با این حال، شواهدی وجود دارد که با توسعه کشورها، نابرابری درآمد بدتر میشود. این مطالعه رابطه بین استانداردهای بینالمللی گزارشگری مالی (IFRS) و نابرابری درآمد را با توجه به نقش تعدیلگری توسعه مالی برای منتخبی از کشورهای درحالتوسعه آسیا در دوره 2022-2000 و با استفاده از روش حداقل مربعات معمولی و حداقل مربعات تعمیمیافته بررسی میکند. نتایج نشان میدهد که توسعه مالی بر رابطه بین IFRS و نابرابری درآمد تأثیرگذار است. بعلاوه، رابطه مستقیمی بین IFRS و نابرابری درآمد وجود دارد. از دلایل تأثیر مستقیم IFRS بر نابرابری درآمد، میتواند این باشد که افزایش شفافیت گزارشگری مالی درنتیجه استفاده از IFRS، کارکنان و سازمانهای نظارتی را قادر میسازد تا در مورد مسائل مربوط به اشتغال مانند امنیت شغلی، دستمزدها و حقوق بازنشستگی با کارفرمایان مذاکره کنند. اگر این مذاکرات منجر به سود برای کارکنان شود، نابرابری درآمد کاهش مییابد. اثر غیرمستقیم IFRS بر نابرابری درآمد از طریق توسعه مالی ممکن است به این دلیل باشد که با بهبود کارایی بازارهای مالی و کاهش محدودیتهای مالی مؤسسات مالی، سرمایهگذاری افزایش مییابد. | ||
کلیدواژهها | ||
IFRS؛ نابرابری درآمد؛ توسعه مالی | ||
عنوان مقاله [English] | ||
An Analysis of the Develo Investigating the Relationship between International Financial Reporting Standards and Income Inequality According to the Role of Financial Development: A Selection of Developing Countries in Asia | ||
نویسندگان [English] | ||
Habib Ansari Samani1؛ Sima Dalvandi2 | ||
1Associate Professor, Department of Economics, Yazd University, Yazd, Iran | ||
2M.Sc. Department of Accounting, Shahid Chamran University of Ahvaz, Iran | ||
چکیده [English] | ||
Income inequality remains a concern. Previous studies show that as a country's economy grows, incomes increase and income disparity decreases. However, there is evidence that income inequality worsens as countries develop. This study examines the relationship between International Financial Reporting Standards (IFRS) and income inequality with regard to the moderating role of financial development for a selection of Asian developing countries in the period 2000-2022 using Ordinary Least Squares and Generalized Least Squares methods. The results show that financial development affects the relationship between IFRS and income inequality. Furthermore, there is a direct relationship between IFRS and income inequality. One of the reasons for the direct impact of IFRS on income inequality could be that the increased transparency of financial reporting as a result of using IFRS enables employees and regulatory organizations to negotiate with employers about employment-related issues such as job security, wages, and pensions. If these negotiations lead to benefits for employees, income inequality will decrease. The indirect effect of IFRS on income inequality through financial development may be because investment increases by improving the efficiency of financial markets and reducing the financial constraints of financial institutions. | ||
کلیدواژهها [English] | ||
IFRS, Income Inequality, Financial Development | ||
مراجع | ||
خدادادی، ولی؛ واعظ، سیدعلی و رودبار شجاعی، علی. (1394). عوامل مؤثر بر پذیرش استانداردهای بینالمللی حسابداری در کشورهای درحالتوسعه. حسابداری مالی، 8(30)، 142-122.
روستا، منوچهر و دهقانی سعدی، علی اصغر. (1397). چرایی پذیرش استانداردهای بینالمللی گزارشگری مالی در کشورهای درحالتوسعه. پژوهش حسابداری، 8(3)، 99-87.
References
Agnello, L; Mallick, S.K; & Sousa, R.M. (2012). Financial reforms and income inequality. Economics Letters, 116(3), 583–587.
Akisik, O; & Gal, G. (2023). IFRS, financial development and income inequality: An empirical study using mediation analysis. Economic Systems, 47(2), 101069.
Amiram, D. (2012). Financial information globalization and foreign investment decisions. Journal of International Accounting Research, 11(2), 57-81.
Atkinson, A. B. (2015). Inequality – What can be done? Harvard University Press, Cambridge, MA.
Baiman, S; & Verrecchia, R. E. (1996). The relation among capital markets, financial disclosure, production efficiency, and insider trading. Journal of Accounting Research, 34(1), 1–22.
Balder, J. M. (2018). Financialization and rising income inequality: connecting the dots. Challenge, 61(3), 240-254.
Ball, R; Robin, A; & Sadka, G. (2008). Is financial reporting shaped by equity markets or by debt markets? An international study of timeliness and conservatism. Review of accounting studies, 13, 168-205.
Banerjee, A.V; & Newman, A.F. (1993). Occupational choice and the process of development. Journal Political Economy, 101(2), 274–298.
Bangake, C; & Eggoh, J. C. (2011). Further evidence on finance-growth causality: A panel data analysis. Economic Systems, 35(2), 176-188.
Bartelsman, E; Haltiwanger, J; & Scarpetta, S. (2004). Microeconomic evidence of creative destruction in industrial and developing countries. World Bank, Washington, DC.
Barth, M. E; Landsman, W. R; & Lang, M. H. (2008). International accounting standards and accounting quality. Journal of accounting research, 46(3), 467-498.
Basu, P; & Guariglia, A. (2007). Foreign direct investment, inequality, and growth. Journal Macroeconomics, 29(4), 824–839.
Beck, T; Degryse, H; & Kneer, C. (2014). Is more finance better? Disentangling intermediation and size effects of financial systems. Journal of financial stability, 10, 50-64.
Beck, T; Demirgüç-Kunt, A; & Levine, R. (2007). Finance, inequality and the poor. Journal of Economic Growth, 12(1), 27–49.
Bernanke, B; & Gertler, M. (1986). Agency costs, collateral, and business fluctuations. National Bureau of Economic Research, Cambridge, MA.
Bernanke, B; Gertler, M; & Gilchrist, S. (1994). The financial accelerator and the flight to quality. National Bureau of Economic Research, Cambridge, MA.
Bourguignon, F. (2018). Spreading the wealth: Fiscal instruments can reduce inequality, but some yield short-term results while others bear fruit over the long term. Financ and Development, 55(1). 4–22.
Brown, P; & Clinch, G. (1998). Global harmonisation of accounting standards: What research into capital markets tells us? Australian Accounting Review, 8(15), 21-29.
Bushman, R. M; & Williams, C. D. (2012). Accounting discretion, loan loss provisioning, and discipline of banks’ risk-taking. Journal of Accounting and Economics, 53(3), 1–18.
Cabrales, A; Gossner, O; & Serrano, R. (2013). Entropy and the value of information for investors. American Economic Review, 103(1), 360-377.
Daske, H. (2006). Economic benefits of adopting IFRS or US‐GAAP–have the expected cost of equity capital really decreased? Journal of Business Finance & Accounting, 33(3‐4), 329-373.
Daske, H; Hail, L; Leuz, C; & Verdi, R. (2008). Mandatory IFRS reporting around the world: Early evidence on the economic consequences. Journal of accounting research, 46(5), 1085-1142.
De Haan, J; & Sturm, J. E. (2017). Finance and income inequality: A review and new evidence. European Journal of Political Economy, 50, 171-195.
Delis, M. D; Hasan, I; & Kazakis, P. (2014). Bank regulations and income inequality: empirical evidence. Review of Finance, 18(5), 1811–1846.
Demirgüç-Kunt, A; & Levine, R. (2009). Finance and inequality: theory and evidence. Annual Review Financial Economics, 1(1), 287–318.
Florou, A; & Pope, P. F. (2012). Mandatory IFRS adoption and institutional investment decisions. The Accounting Review, 87(6), 1993-2025.
Galor, O; & Zeira, J. (1993). Income distribution and macroeconomics. Review Economic Studies, 60(1), 35–52.
Gleason, C. A; Kieback, S; Thomsen, M; & Watrin, C. (2021). Monitoring or payroll maximization? What happens when workers enter the boardroom? Review of Accounting Studies, 26(3), 1046-1087.
Hamori, S; & Hashiguchi, Y. (2012). The effect of financial deepening on inequality: Some international evidence. Journal of Asian Economics, 23(4), 353-359.
Hoffmann, F; Lee, D. S; & Lemieux, T. (2020). Growing income inequality in the United States and other advanced economies. Journal of Economic Perspectives, 34(4), 52-78.
Hsieh, H. Sh; Jung, B; & Yi, H. (2017). The impact of non-financial stakeholders on accounting conservatism: the case of labor unions. Seoul Journal of Business, 23(1), 1–37.
IFRS: https://www.iasplus.com/en/jurisdictions.
International Accounting Standards Board. (2018). Conceptual framework for financial reporting. IFRS Foundation.
International Monetary fund: Financial Development Index: https://data.imf.org/?sk=f8032e80-b36c-43b1-ac26-493c5b1cd33b.
Jain, S; & Mukand, S. W. (2003). Redistributive promises and the adoption of economic reform. American Economic Review, 93(1), 256-264.
Jensen, M. C; & Meckling, W. H. (1976). Theory of the firm: managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Kappel, V. (2010). The effects of financial development on income inequality and poverty. CER-ETH-Center of Economic Research at ETH Zurich, Working Paper, No. 10/127.
Khodadadi V, Vaez S A, Roodbarshojaei A. Investigation of Factors Influencing the Adoption of International Accounting Standards by Developing Countries. fa 2016; 8 (30) :122-142 (In Persian).
Kim, D. H; & Lin, S. C. (2011). Nonlinearity in the financial development–income inequality nexus. Journal of Comparative Economics, 39(3), 310-325.
King, R. G; & Levine, R. (1993). Finance and growth: Schumpeter might be right. The quarterly journal of economics, 108(3), 717-737.
Kuznets, S. (1955). Economic growth and income inequality. American Economic Review, 45, 1–28.
Lambert, R; Leuz, C; & Verrecchia, R. E. (2007). Accounting information, disclosure, and the cost of capital. Journal of Accounting Research, 45(2), 385-420.
Lee, J. (1996). Financial development by learning. Journal of Development Economics, 50(1), 147–164.
Levine, R. (1997). Financial development and economic growth. Journal of Economic Literature, 35(2), 688–726.
Levine, R; & Zervos, S. (1998). Stock markets, banks, and economic growth. American Economic Review, 88(3), 537–558.
Lin, C; Schmid, T; & Zhang, H. (2021). Do employees prefer conservative accounting? Available at SSRN 3962616.
Luo, Y; Tanna, S; & De Vita, G. (2016). Financial openness, risk and bank efficiency: Cross-country evidence. Journal of Financial Stability, 24, 132-148.
Lyall, D. (1981). Financial reporting for employees. Management Decision, 19(3), 33–38.
Madni, G. R; & Anwar, A. (2021). Meditation for level of institutional quality to combat income inequality through financial development. International Journal of Finance & Economics, 26(2), 2766-2775.
Merton, R.C; & Bodie, Z. (2005). Design of financial systems: towards a synthesis of function and structure. Journal of Investment Management, 3(1).
Meyer, B.D; & Sullivan, J.X. (2017). Consumption and Income Inequality in the U.S. Since the 1960's. National Bureau of Economic Research, Cambridge, No. w23655.
Müller, J. (2014). An accounting revolution? The financialisation of standard setting. Critical Perspectives on Accounting, 25(7), 539-557.
Opare, S; Houqe, M. N; & Van Zijl, T. (2021). Meta‐analysis of the impact of adoption of IFRS on financial reporting comparability, market liquidity, and cost of capital. Abacus, 57(3), 502-556.
Palley, T.I. (2007). Financialization: what it is and why it matters. The Levy Economics Institute of Bard College, Washington, D.C.
Perelman, M. (2008). The Corrosive Qualities of Inequality: The Roots of the Current Meltdown. Challenge, 51(5), 40-64.
Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 78–93.
Rajan, R. G; & Zingales, L. (1995). What do we know about capital structure? Some evidence from international data. The journal of Finance, 50(5), 1421-1460.
Rajan, R. G; & Zingales, L. (2003). The great reversals: the politics of financial development in the twentieth century. Journal of financial Economics, 69(1), 5-50.
Ramanna, K; & Sletten, E. (2009). Why do countries adopt international financial reporting standards? Harvard Business School Accounting & Management Unit Working Paper, 09-102.
Roosta, M; & Dehghani Saadi, A. (2018). Why International Financial Reporting Standards Are Accepted in Developing Countries. Journal of Accounting and Social Interests, 8(3), 87-99. (In Persian).
Seven, U; & Coskun, Y. (2016). Does financial development reduce income inequality and poverty? Evidence from emerging countries. Emerging Markets Review, 26, 34–63.
Sikka, P. (2015). The hand of accounting and accountancy firms in deepening income and wealth inequalities and the economic crisis: Some evidence. Critical Perspectives on Accounting, 30, 46-62.
Tawiah, V; & Gyapong, E. (2021). International Financial Reporting Standards, domestic debt finance and institutional quality: evidence from developing countries. Zayed University, ZU Scholars.
Turki, H; Wali, S; & Boujelbene, Y. (2017). IFRS mandatory adoption effect on the information asymmetry: immediate or delayed? Australasian Accounting, Business and Finance Journal, 11(1), 55-77.
Van Arnum, B. M; & Naples, M. I. (2013). Financialization and Income Inequality in the U nited S tates, 1967–2010. American Journal of Economics and Sociology, 72(5), 1158-1182.
Verrecchia, R. E. (2001). Essays on disclosure. Journal of accounting and economics, 32(1-3), 97-180.
World Bank: World Development Indicators: https://databank.worldbank.org/source/world-development-indicators.
Zeff, S. A. (2012). The evolution of the IASC into the IASB, and the challenges it faces. The accounting review, 87(3), 807-837. | ||
آمار تعداد مشاهده مقاله: 137 تعداد دریافت فایل اصل مقاله: 133 |