Global Business and Finance Review | 2026
Authors: Thuong C.T.
DOI: 10.17549/gbfr.2026.31.1.58
Journal: Global Business and Finance Review
Year: 2026
Publisher: People and Global Business Association
Document Type: Article
Open Access: All Open Access; Gold Open Access
Cited by: 0
Purpose: This study aims to synthesize state-of-the-art evidence from 2011 to 2025 on the drivers of financial statement comparability (FSC). Design/methodology/approach: A systematic literature review was conducted following PRISMA guidelines, using data sources from Scopus and Web of Science. Findings: The findings reveal that FSC is influenced by both internal firm-specific characteristics, such as managerial attributes and audit functions, and external factors like digitalization and corporate social responsibility (CSR) engagement. Research limitations/implications: This study suggests several directions for future research on Financial Statement Comparability. Future studies should focus on developing integrated theoretical frameworks, conducting cross-country comparisons, especially in emerging markets, and exploring the role of external stakeholders and regulatory factors. Mixed-methods approaches are also recommended to better understand the impacts of these factors on FSC. Originality/value: This study provides a comprehensive synthesis of the determinants of Financial Statement Comparability, identifying key gaps in the literature and suggesting future research directions. It contributes to a better understanding of FSC and its impact on financial reporting transparency. ⓒ Copyright: The Author(s).
Financial Reporting; Financial Statement Comparability; FSC; Systematic Review