This paper discusses the legitimacy of the convergence of accounting regulation from the view of path-dependence theory … of corporate governance systems have to be consistent with these values in order to achieve the real convergence of … accounting standards. The paper analyses the development of accounting convergence and discusses different convergence strategies …

We study the ex ante stock market reactions to events leading up to China's convergence to International Financial … Reporting Standards (IFRS). The literature consistently shows that the benefits of mandatory IFRS convergence are concentrated … events leading up to IFRS convergence, and this effect is more pronounced among firms with greater dependence on external …

This paper examines whether the movement toward convergence of the International Financial Reporting Standards (IFRS …. In addition,we adopt a 3×3 coordination game because an essential factor of global accounting convergence is the … coordination of accounting standards. The results confirm the termination of a movement toward the convergence of IFRS. Namely, our …