Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences

By Holger Daske, Luzi Hail, Christian Leuz, Rodrigo S. Verdi. 2008

1,946 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/28754433d9773cf2d042e5008267b8ef616c7ffc

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Citations in the corpus

Financial Reporting Frequency, Information Asymmetry, and the Cost of Equity (2012, positive): “22 Daske et al. (2008). Specifically, we obtain observations for six years (three years before and after the change) and regress measures of information asymmetry/cost of equity on indicator variables for the treatment versus control firms (Treatment) and the pre- and postfrequency change period (Af”
Conditional conservatism and cost of capital (2011, neutral): “Hribar and Jenkins (2004), Aboody et al. (2005), Barth et al. (2010), Kravet and Shevlin (2007), McInnis (2010), Francis et al. (2008), Core et al. (2008), Daske et al. (2008) .”
Evidence-based policymaking: promise, challenges and opportunities for accounting and financial markets research** (2018, neutral): “Such a research design can be further enhanced by exploiting differences in firms’ fiscal year ends (e.g. Daske et al. 2008, Christensen et al. 2013).”
Real and Accrual‐Based Earnings Management in the Pre‐ and Post‐IFRS Periods: Evidence from China (2015, neutral): “Daske et al. (2008) examine the capital market effects of mandatory IFRS adoption in 26 countries around the world.”
Relevance of Differences Between Net Income Based on IFRS and Domestic Standards for European Firms (2012, neutral): “A few studies examine the incremental value relevance of the adjustments needed to 2 Daske et al. (2008) analyzes economic consequences of mandatory application of IFRS in 26 countries and generally finds capital market benefits in countries with strict enforcement regimes and institutional…”
The Impact of Mandatory IFRS Adoption on Equity Valuation of Accounting Numbers for Security Investors in the EU (2010, methodology): “Higher values stand for more discrepancies between local GAAP and IFRS.”
Earnings Management within Multinational Corporations (2018, background): “Prior research suggests that IFRS adoption, especially if bundled with changes in enforcement, is associated with higher reporting quality (Barth et al., 2008; Hung et al., 2014) and a significant reduction in information asymmetry (Daske et al., 2008; Wahid and Yu 2014; Hail et al., 2014).”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, methodology): “This approach has been used for other regulatory changes such as IFRS adoption (Daske et al., 2008; Christensen et al., 2013).”
Cooking the books : recipes and costs of falsified financial statements in China (2011, neutral): “We also examine changes in Tobin’s Q as it has an inverse relation with the cost of capital (Daske et al., 2008).”
Shaping Liquidity: On the Causal Effects of Voluntary Disclosure (2013, positive): “…and Verrecchia (2000), who link a reduction in information asymmetry to a firm’s commitment to increased disclosure via voluntary adoption of an international reporting regime; and to Daske et al. (2008), who link improvements in liquidity to the introduction of international reporting standards.”