Do IFRS convergence affects firm performance? Picturing Indian-listed manufacturing firms

Purpose The study has endeavored to assay the nexus between converged version of International Financial Reporting Standards (IFRS) on performance Indian-listed manufacturing firms. Design/methodology/approach randomly accessed data Bombay Stock Exchange (BSE) listed Indian firms using Prowess IQ database. It covered 2014–2016 as pre-IFRS and 2017–2020 post-IFRS convergence period. Moreover, followed a longitudinal research design with cross-sectional time-series used difference-in-difference (DiD) technique assess effect IFRS firm (FP). Findings results have indicated that adoption Accounting (Ind AS) unlikely reported better FP. concurred policy implications full rather than could reap benefits IFRS. Originality/value contributed existing body knowledge by assaying FP in developing economies like India DiD methodology. is an original piece free from plagiarism.