VOLUNTARY ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS BY THE ITALIAN PRIVATE FIRMS: A STUDY OF THE DETERMINANTS

In our paper we explore the determinant of the voluntary adoption of Ias/Ifrs by the Italian private firms. The Positive Accounting Theory is used as theoretical framework. We study the explanatory variables (firm size, leverage, shareholder nationality, legal form of the firm, audit and industry sector) of this accounting choices.