We are the first to examine the market reaction to 13 announcement dates related to IFRS 9 for over 5,400 European … listed firms. We find an overall positive reaction to the introduction of IFRS 9. The regulation is particularly beneficial …

by US firms or the application of IFRS by European firms registered with the SEC. We investigate whether institutional …. Next, while noting that the number of Letters questioning application of IFRS are smaller in number relative to those … standards. We show that there is a higher probability of the SEC questioning the application of IFRS as compared to US GAAP …

This report provides a review of the academic literature relevant to the mandatory adoption of IFRS reporting for … effect of mandated IFRS reporting on the implied cost of equity capital, percentage bid-ask spreads, the price impact of … mandatory IFRS reporting in the EU. For the mandatory IFRS period, we find some evidence that the cost of capital is lower for …

In recent years, reporting under International Financial Reporting Standards (IFRS) became mandatory in many countries …, across all countries, mandatory IFRS reporting had little impact on liquidity. The liquidity effects around IFRS introduction … reporting enforcement. There is little evidence of liquidity benefits in IFRS countries without substantive enforcement changes …

In recent years, reporting under International Financial Reporting Standards (IFRS) became mandatory in many countries …, across all countries, mandatory IFRS reporting had little impact on liquidity. The liquidity effects around IFRS introduction … reporting enforcement. There is little evidence of liquidity benefits in IFRS countries without substantive enforcement changes …