Uluslararası Finansal Raporlama Standartlarına Zorunlu Uyum, Ulusal Yapısal Faktörler ve Muhasebe Bilgilerinin Değer İlişkisi

Bu çalışmada, Uluslararası Finansal Raporlama Standartları’na (UFRS) zorunlu uyumun, muhasebe bilgilerinin değer ilişkisinde neden olduğu değişim ve bu değişimde ulusal yapısal faktörlerin oynadığı rolü tespit etmek amaçlanmıştır. Bu amaçla yapılan literatür taraması ile muhasebe bilgilerinin değer ilişkisi, ulusal yapısal faktörler ve/veya UFRS arasındaki ilişkiyi konu eden ve örneklemi birden fazla ülkeden oluşan akademik çalışmalar ile UFRS’nin muhasebe bilgilerinin değer ilişkisine olan etkisini araştıran Türkiye örneklemli akademik çalışmalar incelenmiştir. Bu kapsamda incelenen akademik çalışmalarda, UFRS’nin muhasebe bilgilerinin değer ilişkisinde neden olduğu değişim konusunda birbirinden farklı bulgular söz konusu olsa da UFRS’ye uyuma rağmen finansal piyasa gelişimi, sermaye ve mülkiyet yapısı, vergi sistemi, kültürel faktörler gibi ülkeye özgü finansal raporlama güdüleyicilerinin, finansal raporlama uygulamalarını etkilemeye devam ettiği yönünde ortak bulgular olduğu görülmüştür. Bu durum; muhasebe kalitesi yüksek finansal raporlar için, finansal raporlama standartlarının kaliteli olmasının yeterli olmadığını, ülkelere özgü ulusal yapısal faktörlerin de bu süreçte önemli bir role sahip olduğuna işaret etmektedir.

Mandatory Adoption of International Financial Reporting Standards, National Institutional Factors and Value Relevance

In this study, it is aimed to determine the change in the value relevance of accounting information due to mandatory adoption of International Financial Reporting Standards (IFRS) and the role of national institutional factors in this change. Towards this end, the academic studies whose sample is composed of more than one country and investigating the relationship between value relevance of accounting information, national institutional factors and/or IFRS and the academic studies investigating the effect of IFRS on the value relevance of accounting information in Turkey are examined through a literature review. In accordance with the findings of all these studies, it is seen that although there is no consensus in the academic studies about the change in the value relevance of accounting information due to IFRS, the country-specific factors such as capital market development, capital and ownership structure, tax systems, cultural factors have a continued influence on the value relevance. This indicates that, high-quality financial reporting standards are not enough for high-quality financial reports, but national institutional factors also play an important role in this process.

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