International Journal of Accounting and Management Sciences (IJAMS)
Vol1 No.2 October 2022
DOI https://www.doi.org/10.56830/PPCQ1865
Author
Amany Ahmed Wahba
Abstract
Demand for information on corporate social responsibility (CSR) and international
financial reporting standards (IFRS) has progressively increased in tandem with the growing
interest in sustainable investments. Numerous studies have established that the adoption of
IFRS has often improved the information quality offered to many users through providing
highly relevant, reliable and understandable information, as well as allowing companies’
accounting data to be compared to that of other companies for various periods. Crash risk is a
major concern for investors and may result in higher compensation for holding higher-risk
securities. This research seeks to examine the impact of corporate social responsibility on the
effectiveness of adopting mandatory international financial reporting standards according to
the price crash risk. To achieve this, the descriptive approach and a systematic review of
previous studies, research, and literature related to the research topic and its variables were
used. The results confirmed the existence of a correlation between CSR and IFRS in the
financial market. Finally, the research recommended the necessity of conducting more
research, analytical and empirical studies with regard to measuring the correlation among
CSR and IFRS.
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