changes in the value relevance of accounting information before and after the mandatory adoption of IFRS in Germany and the UK … simultaneous addition of accounting and macroeconomic variables in an extended model, which indicates a significant rise in the … accounting variables and share prices in common law countries like the UK. Nevertheless, the implications of our findings lie in …

incorporate the effect of economic events. For validation, we show that the likelihood of accounting information users (financial … comparability and demonstrating the benefits of comparable 10-K text to accounting information users …