Abstract

This study examines the impact of Algeria's adoption of the Financial Accounting System (SCF), inspired by international IAS/IFRS standards, on foreign direct investment (FDI) and economic performance. Anchored in Structuration Theory, the research highlights the interplay between institutional structures and the agency of economic actors during accounting reform. Using annual time series data from 2000 to 2023 and employing the ARDI bounds testing approach, the findings reveal that while economic openness significantly fosters FDI inflows, the SCF reform has a limited and short-term effect. The results emphasize that accounting reforms, though essential for improving financial transparency, must be accompanied by broader institutional and policy reforms to deliver sustainable economic benefits and attract long-term investment.