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 …, providing a code/common law legal regime partition. We show that IFRS improve the value relevance of discretionary accruals to a … while no significant difference is observed under IFRS, suggesting a marginal effect of the country%s legal regime. Under …