METHODOLOGY FOR FORMING A "IFRS TRANSPARENCY MAP" BASED ON CLUSTERING JOINT-STOCK COMPANIES BY QUALITY LEVEL
DOI:
https://doi.org/10.5281/zenodo.21371136Abstract
The article examines the institutional mechanism for ensuring the transparency of financial statements
of joint-stock companies. A methodology for developing an “IFRS Transparency Map” is proposed through clustering
companies into “highly reliable”, “moderately reliable” and “low-reliability” categories based on qualitative characteristics
and the level of reporting transparency. The research relies on score-based assessment results, documentary analysis
and modeling. Approval on data from 235 joint-stock companies determined the distribution across green, yellow and red
zones, and substantiated a four-level institutional structure for maintaining the map, stakeholder benefits and a three-stage
implementation roadmap.
Keywords
transparency map, IFRS, clustering, financial reporting quality, joint-stock company, external control, disclosure, capital marketReferences
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