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between 2005 and 2016 to study the determinants of material misstatements in audited financial reports in Germany. In contrast … produce erroneous reports. Several differences between the findings from the USA and Germany are identified and discussed. In …
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We examine changes in cross-country financial statement comparability around mandatory IFRS adoption and the effects of these changes on firms' information environments, as captured by analyst properties and bid-ask spreads. First, we show that cross-country earnings comovement is negatively...
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