Abstract: This study examines the externalities of mandatory IFRS adoption on firms' investment efficiency in 17 … peers, on the firm's investment efficiency increases after IFRS adoption. We also find that increased disclosure by both … foreign and domestic peers after IFRS adoption has a spillover effect on a firm's investment efficiency. Further, a firm …

This study examines the externalities of mandatory IFRS adoption on firms' investment efficiency in 17 European … firm's investment efficiency increases after IFRS adoption. We also find that increased disclosure by both foreign and … domestic peers after IFRS adoption has a spillover effect on a firm's investment efficiency. Further, a firm's investment …

externalities from capital controls on investor portfolios. The analysis is structured based on information from investor interviews …. We find that an increase in Brazil s tax on foreign investment in bonds causes investors to significantly decrease their … expectations about future policies rather than the direct cost of the controls. This evidence of significant externalities from …

This paper studies externalities of nationally determined cost-sharing systems, in particular coinsurance rates …