Cormier, Denis; Ledoux, Marie-Josée; Villeneuve, Guy - In: International Journal of Accounting, Auditing and … 11 (2015) 2, pp. 161-187
This paper studies whether IFRS adoption and the country's legal regime affect the value relevance of discretionary accruals under environmental uncertainty (measured by sales variability). The sample includes France and UK domiciles, providing a code/common law legal regime partition. We show...