We examine whether the 2005 mandatory adoption of IFRS is followed by an increase in cross-border acquisitions into the … adopting countries and whether the association is driven by IFRS per se or by concurrent enforcement changes. Using the … exogeneity of a firm's listing status to identify the effect of IFRS, we document a significant increase in cross …

International Financial Reporting Standards (IFRS) prior to 2007. These results suggest that accounting standards (AS) convergence … can improve the comparability of accounting information between China and other countries that have adopted IFRS. Moreover …