The Role of IFRS in Financial Reporting Quality: Evidence from a Panel of MENA Countries

  •  Nicholas Apergis    


This paper provides evidence on the impact of the adoption of the IFRS accounting regime on financial reporting quality a number of MENA listed firms. The financial reporting quality is examined for the period from 2002 to 2012 using the panel methodological approach of the multifactor model. The empirical results indicate that the adoption of the new IFRS regime results contributes a better financial reporting quality. The findings survive a number of robustness checks, while they show that listed firms’ higher level of financial reporting quality under IFRS can be different across MENA countries, probably due to different institutional, economic and regulatory environments.

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