there is better external oversight, and weaker when managers have conflicting reporting objectives. A difference …

This paper examines the liquidity, Tobin's Q, and cost of equity effects from voluntary and mandatory IFRS adoption. In …-adopters, voluntary adopters, and mandatory adopters and also classify firms according to the change in their financial reporting quality … avoidance in the host country. We find that prior to the mandatory adoption of IFRS by the EU member states, voluntary adopters …