Humanities and Social Sciences Letters

Determinants of international financial reporting standards adoption at commercial banks: Evidence from an emerging country

Nguyen Minh Phuong — 2025-02-27

This research investigates the transition of Vietnamese commercial banks towards mandatory adoption of IFRS by 2025 emphasizing the shift from voluntary to compulsory adoption towards adopting International Financial Reporting Standards (IFRS). The empirical research utilized a comprehensive methodological framework, including probit regression models and six years of secondary data from 27 banks (2017-2022). The study identifies significant influences of profitability, leverage and enterprise size on IFRS adoption. However, the involvement of foreign ownership did not demonstrate statistically significant effects. These findings highlight the importance of IFRS adoption in enhancing transparency aligning with global standards and informing decision-making for investors. The analysis shows that company size (lnSIZE) and government policy (PO) significantly influence IFRS compliance, emphasizing the importance of resources and regulatory support. Other factors, including profitability, leverage, capital adequacy, and foreign ownership are not statistically significant suggesting organizational capacity and governance are key drivers of IFRS adoption.

Investigating factors influencing the continuity of financial technology usage: The case of Indonesia

Henryanto Wijaya — 2025-03-04

This study aims to investigate the factors that influence the continuity of fintech usage by taking Indonesia as a case. Factors that drive the continuity of fintech usage are perceived benefit, perceived risk, perceived ease of use, and perceived usefulness with fintech usage adoption as a mediating variable. Data was obtained from 343 fintech users located in Indonesia. These data were then analyzed by applying the Structural Equation Modelling (SEM). The results indicate that perceived benefit and usefulness positively and significantly affect the adoption and the continuity of fintech usage. However, the perceived risk and ease of use have no significant effect on the adoption and the continuity of fintech usage. Additionally, fintech usage adoption positively and significantly influences the continuity of fintech usage. Fintech usage adoption mediates the effects of perceived benefits and usefulness on fintech usage continuity but does not mediate the influence of perceived risk and ease of use on the continuity of fintech usage. The findings contribute to the knowledge of the perceived benefit and usefulness for users to adopt and continue fintech usage. The government needs to continue improving digital financial literacy to aware users of fintech.

Enhancing key competencies-based performance assessment in higher vocational education: A sustainable approach to general education curriculum

Yun Zhang — 2025-03-04

The competency-based assessment has been a significant factor for higher vocational educational institutional performance and this aspect needs researchers’ emphasis. The objectives of the present article are to investigate the impact of staff skills and training and innovation adoption on competencies-based performance assessment (CBPA) of higher vocational educational institutions in China. The study also investigates the moderating role of institutional support among staff skills and training, innovation adoption and CBPA. The study collected the primary data from the students of the higher vocational educational institutions in China using survey questionnaires. The study also employed Smart-PLS to check the data reliability such as convergent and discriminant validity and the relationship among understudy variables. The outcomes revealed that the staff skills and training and innovation adoption have a positive linkage with CBPA. The results also exposed that institutional support significantly moderates staff skills and training, innovation adoption and CBPA. The study guides the regulators in making regulations regarding improving the CBPA using effective staff skills and training and effective innovation adoption. It also provides help to educational institutions in improving CBPA using skilled staff and innovation adoption.