... weak institutional frameworks and hyperinflation’s complexities and inconsistencies in applying IAS 29. The insights gathered were analyzed through the lenses of institutional theory and positive accounting theory (PAT) to contextualize the interplay between regulatory pressures, economic incentives...

... Accounting conservatism Free rider problem Information asymmetry Positive accounting theory Debt-contracting demand for accounting conservatism emerges from the information asymmetry between lenders and borrowers coupled with lenders’ asymmetric payoffs (Aghamolla and Li, 2018 ; LaFond and Watts...

... implications for compliance with IFRS, and therefore here the study reviews positive accounting theory. Four theories including signaling theory, agency theory, political process theory and capital need theory are employed in the literature to explain the degree of compliance with IFRS in the context...