Cormier, Denis; Demaria, Samira; Lapointe-Antunes, Pascale - HAL - 2009
first adopting International Financial Reporting Standards (IFRS). It also examines the value-relevance of the mandatory and … addressed in the context of the mandatory adoption of IFRS by French firms in 2005. Three major findings emerge from our … transition date. Second, mandatory equity adjustments are more valued than French GAAP equity, suggesting that the first …