Adoption determinants of the International Accounting Standards IAS/IFRS by the developing countries

This paper?s main objective is to identify certain explanatory factors that likely clarify the choice of applying IAS/IFRS adopted by developing countries (DCs) up until the year 2008. Based on a sample consisting of 74 DCs the empirical results have indicated that the DCs most likely to adopt IAS/IFRS have a high level of economic growth along with a legal system of common law and an advanced educational level.El principal objetivo de este documento es identificar ciertos factores que probablemente esclarezcan la opci?n de aplicar IAS/IFRS adoptadas por los pa?ses en desarrollo hasta el a?o 2008. Basados en una muestra de 74 pa?ses en desarrollo los resultados emp?ricos han demostrado que la mayor?a de ellos probablemente tienen un alto nivel de crecimiento econ?mico junto con un sistema jur?dico de derecho consuetudinario y un nivel de educaci?n avanzado