Narrow search
Showing 1 - 10 of 1,267
Cover Image
Mandatory Adoption of IFRS and Analysts’ Forecasts Information Properties
Joos, Philip; Beuselinck, C.A.C.; Khurana, I.K.; van … - Tilburg University, Center for Economic Research - 2010
This study examines the properties of the information contained in analysts’ earnings forecasts for mandatory IFRS … information after switching to IFRS, especially for forecasts pertaining to 2006 and later. However, we are unable to detect a … change in the consensus among financial analysts after the mandatory adoption of IFRS. These results suggest that the higher …
Persistent link: https://www.econbiz.de/10011091872
Cover Image
IFRS and performance measurement
Ghodbane, Sana Ben - In: African Journal of Accounting, Auditing and Finance 2 (2013) 2, pp. 175-185
, we note the effect of IFRS on the evaluation of the performance of companies. For this purpose, we propose a comparative … repositories. This analysis is important to help the firms, which are preparing their transition to IFRS. …
Persistent link: https://www.econbiz.de/10010699274
Cover Image
Analyse financière : Groupes et IFRS
Thuelin, Elisabeth - Université Paris-Dauphine (Paris IX) - 2014
et les conséquences des IFRS (International Financial Reporting Standards) sur l'analyse financière. Avec une étude d …
Persistent link: https://www.econbiz.de/10011073287
Cover Image
Does asymmetric information drive UK dividends propensity?
Basiddiq, Husam; Hussainey, Khaled - In: Journal of Applied Accounting Research 13 (2012), pp. 284-297
Purpose – This paper aims to extend and contribute to prior UK research on the association between information asymmetry and dividends propensity. It seeks to investigate the impact of the number of analysts following firms, a proxy for information asymmetry, on dividends propensity....
Persistent link: https://www.econbiz.de/10010814614
Cover Image
An Exploratory Analysis of Cash Holdings and Pay-Performance Sensitivity before and after IFRS Adoption
Wu, Ming-Cheng; Chen, Yu-Ju; Shih, Bi-Ying - In: International Journal of Economic Sciences 2014 (2014) 3, pp. 86-102
holdings do. Empirical evidence also shows a increasing pay-performance sensitivity after adopting IFRS in China. The changes … firms with great corporate cash holdings is more pronounced after IFRS adoption than before IFRS adoption. The results … contract for limiting their risk-taking behavior. Compare with pre-IFRS period, firms maintaining sufficient liquidity are more …
Persistent link: https://www.econbiz.de/10011195074
Cover Image
Does Cross-Listing Benefit the Shareholders? Evidence from Companies in the GCC Countries?
Bahlous, Mejda - In: Asia-Pacific Financial Markets 20 (2013) 4, pp. 345-381
The goal of this study is to estimate the impact of cross-listing on stock returns, on liquidity, and on risk. A sample of 24 companies from the Gulf Cooperation Council countries which cross-listed their stocks in a foreign market over the period 2000–2010 were chosen for study. An event...
Persistent link: https://www.econbiz.de/10010989074
Cover Image
Underpricing of homecoming A-share IPOs by Chinese firms already listed abroad
Wu, Congsheng - In: Review of Quantitative Finance and Accounting 43 (2014) 3, pp. 627-649
Many Chinese firms have pursued overseas listings in Hong Kong or US without being first listed in China’s domestic market, mainly due to the regulatory constraints imposed by the Chinese government. Some of them eventually returned to mainland China through an A-share offering to Chinese...
Persistent link: https://www.econbiz.de/10010989611
Cover Image
Information Transmission between Dual Listed Stocks with Non-Overlapping Trading Hours
Hsu, Chih-hsiang; Kao, Ming-sung; Tsai, Wei-pen - In: Economics Bulletin 34 (2014) 3, pp. 1733-1741
This paper examines the information transmission between stocks and their corresponding deposit receipts (DRs) by collecting samples with good reputations and high liquidity in both markets. Using eight years of daily panel data from six cross-listed Taiwanese firms, our results show the...
Persistent link: https://www.econbiz.de/10010884989
Cover Image
The Sarbanes–Oxley act and cross-listed foreign private issuers
Li, Xi - In: Journal of Accounting and Economics 58 (2014) 1, pp. 21-40
I examine the short- and long-term impact of the 2002 Sarbanes–Oxley Act (SOX) on cross-listed foreign private issuers. Both short- and long-term test results suggest that the costs of SOX compliance significantly exceed its benefits and reduce the net benefits of cross-listings.
Persistent link: https://www.econbiz.de/10010906418
Cover Image
Do political institutions affect the choice of the U.S. cross-listing venue?
Cosset, Jean-Claude; Martineau, Charles; Samet, Anis - In: Journal of Multinational Financial Management 27 (2014) C, pp. 22-48
We study the impact of political institutions on foreign firms’ choice of their U.S. cross-listing venue. Using two measures of the quality of political institutions (the political rights index and the political constraint index) and controlling for various firm-level and country-level...
Persistent link: https://www.econbiz.de/10010906422