000 | 01747nab a2200205 4500 | ||
---|---|---|---|
999 |
_c199626 _d199626 |
||
003 | OSt | ||
005 | 20200226102049.0 | ||
008 | 200127s2016 xxu|||||r|||| 00| 0 eng d | ||
040 |
_aCO-BoUGC _cCO-BoUGC |
||
100 | 1 |
_aLi, Xi _9178272 |
|
245 | 1 | 0 |
_aMandatory financial reporting and voluntary disclosure _bthe effect of mandatory IFRS adoption on management forecasts _cXi Li & Holly I. Yang |
300 | _aPáginas 933 a la 953 | ||
520 | 3 | _aThis study examines the effect of the mandatory adoption of International Financial Reporting Standards (IFRS) on voluntary disclosure. Using a difference-in-differences analysis, we document a significant increase in the likelihood and frequency of management earnings forecasts following mandatory IFRS adoption, consistent with the notion that IFRS adoption alters firms' disclosure incentives in response to increased capital-market demand. We find the increase to be larger among firms domiciled in code-law countries, suggesting a catching-up effect among firms facing low disclosure incentives pre-adoption. We then propose and test three channels through which IFRS adoption could alter firms' disclosure incentives: improved earnings quality, increased shareholder demand, and increased analyst demand. We find evidence consistent with all three channels. | |
650 | 1 | 4 |
_991036 _aContabilidad _vPublicaciones seriadas |
650 | 2 | 4 |
_aPronóstico de ventas _vPublicaciones seriadas _9178273 |
690 |
_aInternational Financial Reporting Standard (IFRS) _9177076 |
||
700 | 1 |
_aYang, Holly I. _9178274 |
|
773 | 0 |
_082265 _9372812 _aThe accounting review 2016 V.91 No.3 (May) _o0000002030249 _x0001-4826 (papel) _h21 páginas _nIncluye tablas, referencias bibliográficas y apéndices |
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942 |
_2ddc _cART |