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• Παπάς, Αντώνιος Α.

This study assesses the extent of non-compliance of Greek firms with statutory accounting rules and examines the influence of enforcement on the extent of non-compliance. The choice of Greece is based on the fact that it maintains a highly regulated accounting environment. An information index was used to measure the extent of non-compliance with accounting rules and it was regressed on variables related to the enforcement of these rules. The main result is that banks and taxation play major, but opposite, roles in inducing firms to comply with existing accounting regulation.

• Economics and Business

• Economics

Accounting, Regulation, Enforcement, Non-comlpiance

JEL classification: M41, The author wishes to thank professor D.Ghicas for his helpful comments and suggestions on a preliminaryversion of this article.