This study examines liquidity and cost of capital effects around voluntary and mandatory IAS/IFRS adoptions. In … considerable discretion in how they implement the new standards. Some firms may make very few changes and adopt IAS/IFRS more in … incentives, actual reporting behavior, and the external reporting environment around the switch to IAS/IFRS. We analyze whether …

apply the framework to help provide insights into the determinants and outcomes of accounting institutions (including IFRS …) and non-accounting institutions observed around the world. I conclude with a discussion of opportunities and directions …

This paper examines the economic consequences of mandatory IFRS reporting around the world. We analyze the effects on … market liquidity, cost of capital and Tobin's q in 26 countries using a large sample of firms that are mandated to adopt IFRS …. We find that, on average, market liquidity increases around the time of the introduction of IFRS. We also document a …

This paper examines the economic consequences of mandatory IFRS reporting around the world. We analyze the effects on … market liquidity, cost of capital and Tobin's q in 26 countries using a large sample of firms that are mandated to adopt IFRS …. We find that, on average, market liquidity increases around the time of the introduction of IFRS. We also document a …

accounting standards, be it IFRS or U.S. GAAP. Third, historical cost accounting (HCA) is unlikely to be the remedy. There are a … to fault the FVA standards per se, implementation issues are a potential concern, especially with respect to litigation …

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 …

This study seeks to establish if the adoption of International Financial Reporting Standards (IFRS) in Kenya has been … associated with higher accounting quality for listed companies based on the theory that IFRS adoption has benefits such as … research examined the effects of IFRS adoption mainly in the EU on the impact of IFRS adoption using quantitative techniques …

accounting standards, be it IFRS or U.S. GAAP. Third, historical cost accounting (HCA) is unlikely to be the remedy. There are a … to fault the FVA standards per se, implementation issues are a potential concern, especially with respect to litigation …

The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) is increasingly … known about what factors influence countries' decisions to adopt IFRS for SMEs. In a unique sample of 128 countries, we find … to adopt IFRS for SMEs. We also provide evidence that in jurisdictions where full IFRS have been applied to private firms …