par Nya Tchatchoua, Magloire;Pignatel, Isabelle;Tchakoute Tchuigoua, Hubert
Publication Publié, 2019-05-10
Publication Publié, 2019-05-10
Travail de recherche/Working paper
Résumé : | What are the characteristics of microfinance institutions (MFIs) that choose to draft their financial statements according to international accounting standards? That is the question this article investigates. We study a pooled sample of 5,290 audited financial statements from 2007 to 2015 and find consistent evidence that the institutional framework, for-profit status, and maturity, are likely to drive the MFIs choice to comply with international financial reporting standards. Results are robust after controlling for whether MFIs operate in a country where IFRS are permitted or required. |