Impact of Mandatory IFRS Adoption on the financial markets: The Case of Arab Countries
Abstract
nature of the relationship between the efficiency of the Arab financial markets and IFRS. Approach: the paper uses panel cointegration to investigate this relationship by using the Eviews.7 program. Findings: The results showed a long run relationship between the efficiency of the Arab financial markets and IFRS. Originality: this paper provides new empirical evidence in developing countries for increase resource allocation efficiency