An Analysis of the Relationship between IFAC Code of Ethics and CPI

Abstract Code of ethics has become a significant concept as regards to the business world. That is why occupational organizations have developed their own codes of ethics over time. In this study, primarily the compatibility classification of the accounting code of ethics belonging to the IFAC (The...

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Bibliographic Details
Published in:Emerging markets journal 2015-11, Vol.5 (2), p.41-48
Main Authors: Keskin, Ayşe İrem, Yılmaz Işık, Elçin
Format: Article
Language:English
Subjects:
Accountants
Accounting
Accounting, Code of Ethics, Business Ethics
Codes
Decision making
Ethics
Hypotheses
İktisat & İşletme & Finans
International
Libraries
Literature reviews
Maliye & Muhasebe & Vergi
Morality
Professional ethics
Scandals
Studies
Citations: Items that cite this one
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Summary:Abstract Code of ethics has become a significant concept as regards to the business world. That is why occupational organizations have developed their own codes of ethics over time. In this study, primarily the compatibility classification of the accounting code of ethics belonging to the IFAC (The International Federation of Accountants) is carried out on the basis of the action plans assessing the levels of usage by the 175 IFAC national accounting organizations. It is determined as a result of the classification that 60,6% of the member organizations are applying the IFAC code in general, the rest 39,4% on the other hand, is not applying the code at all. With this classification, the hypothesis propounding that “The national accounting organizations in highly corrupt countries would be less likely to adopt the IFAC ethic code than those in very clean countries,” is tested using the “Corruption Perception Index-CPI” data. It is determined that the findings support this relevant hypothesis.          
ISSN:2158-8708
2159-242X
2158-8708
DOI:10.5195/emaj.2015.81