This study investigates whether the adoption of a single set of accounting standards, such as IASs/IFRSs, guarantees the harmonization of accounting practices within a country and across countries, or whether differences in reporting practices persist because of dissimilarities in reporting...

Nous étudions la pertinence informationnelle (value relevance) en Europe du résultat global par rapport à celle du résultat net, et l'apport des normes IFRS en la matière ainsi que l'impact d'une certification par les " grands cabinets d'audit ". Pour cela, nous utilisons une base de...

CET ARTICLE TRAITE DES ETUDES EMPIRIQUE DES MODIFICATIONS COMPTABLES EFFECTUEES PAR LES ENTREPRISES FRANCAISES

CET ARTICLE TRAITE DE L'INFORMATION COMPTABLE

[eng] The volatility of the foreign exchange of the late 1970's and, so far, the 1980's has caused oil petroleum producers some great financial problems. The aim of this article is to present how « currency cocktail », like Special Drawing Right (SDR), could minimize, or hedge, foreign...

Considering that the level of the association between stock returns and accounting earnings provides a measure of the extent to which earnings summarize the information which is useful for firm valuation, this paper analyses the contemporaneous association between stock returns and earnings...

The relationship between accounting information and capital markets has been the subject of numerous studies, especially in the US. The purpose of this article is to examine the corresponding evidence in Europe. This review classifies the European literature into three groups: studies of the...

This paper presents evidence on the financial policies of firms strongly engaged in research and development activities. By referring to the under-investment paradox, the asset substitution problem, the asset specificity proposition and the information asymmetry literature, we postulate that...