This study investigates how accounting harmonization affects one particular group of financial statement users - financial analysts. We find that mandatory IFRS adoption attracts foreign analysts, particularly those from countries that are simultaneously adopting IFRS along with the covered...

This study investigates whether and how a firm's voluntary adoption of International Financial Reporting Standards (IFRS) influences stock price synchronicity or the extent to which firm-specific information is capitalized into stock prices. We also study the role of analyst following and...

The first author is at Concordia University, Montreal, Quebec and The Hong Kong Polytechnic University. The second author is at McMaster University, Hamilton, Ontario and The Hong Kong Polytechnic University. The third author is at Concordia University. They have received very helpful comments...