International GAAP Differences - The Impact on Foreign Analysts

By Kee‐Hong Bae, Hongping Tan, Michael Welker. 2008

553 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2bf7b69f0a433e75f63b268c26aa3e0a7d90b684

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Citations in the corpus

Mandatory IFRS Adoption and the Contractual Usefulness of Accounting Information in Executive Compensation (2012, unknown): “Based on a measure of the IFRS-LGAAP difference, which was developed by Nobes [2001] and Bae et al. [2008]), we partition our sample into two groups.”
Restoring the Tower of Babel: How Foreign Firms Communicate with U.S. Investors (2014, methodology): “GAAP1diff is the difference between the foreign country GAAP and US GAAP based on a survey of 52 accounting rules as reported in Bae et al. (2008).”
IFRS reporting, firm-specific information flows, and institutional environments: international evidence (2012, unknown): “(3) Panel C: Country-level control variables GDiff Difference between domestic accounting standards and IFRS Bae et al. (2008) GDP Natural log of the gross domestic product per capita (in euros) in year t IMF, World Economic Outlook Database Nlist Natural log of the number of listed firms for a give”
Compliance with IFRS 3- and IAS 36-required disclosures across 17 European countries: company- and country-level determinants (2013, background): “For example, crosscountry studies by Ball et al. (2000, 2003), Bushman and Piotroski (2006) and Leuz et al. (2003) show that national legal systems and other environmental characteristics influence attributes of financial reporting.”
The Impact of IFRS Adoption on the Value Relevance of Book Value and Earnings (2011, result): “These differences observed in the initial application of IFRS accounting standards to Common and Code Law countries is not unexpected given the local versus IAS GAAP studies by Bae et al. (2007) and Ding, Hope, Jeanjean and Stolowy (2007).”
Does mandatory IFRS adoption facilitate debt financing? (2015, methodology): “2014), we capture the degree to which the accounting rules change with the switch to IFRS by using the summary score Gaapdiff from Bae et al. (2008). Based on the Nobes (2001) GAAP 2001 Survey, Bae et al.”
Earnings Management within Multinational Corporations (2018, methodology): “We measure the relative distance between the accounting standards applied by the respective subsidiary and its MNC-parent with the GAAP proximity scores reported by Bae et al. (2008). We standardize the GAAP distance measure between zero and one for exposition.”
Accounting Standards Harmonization and Financial Statement Comparability: Evidence from Transnational Information Transfer (2014, methodology): “To address this concern, I devise a second proxy based on the GAAP distance measure developed by Bae et al. (2008) and modied by Yu (2010). The Bae et al. (2008) measure is a summary score of how local GAAP di¤ers from IFRS on 21 accounting dimensions.”
Does Audit Market Concentration Harm the Quality of Audited Earnings? Evidence from Audit Markets in 42 Countries (2013, background): “IAS_DIFF is the index of differences between a country’s domestic accounting standards and International Financial Reporting Standards (IAS) as of 2001 taken from Bae et al. (2008).”
The Effect of Mandatory Adoption of IFRS on Earnings Quality: Evidence from the European Union (2012, methodology): “In particular, we use the country-specific GAAP differences score as defined in Bae et al. (2008) to construct our partitions.”
The Impact of Mandatory IFRS Adoption on Equity Valuation of Accounting Numbers for Security Investors in the EU (2010, methodology): “(b) An anti-director rights (ADIR) index aggregating shareholders’ rights.35 Higher values represent more protection of investor rights across countries.36 (c) A GAAP differential score (DDIFRS), calculated as the difference between local GAAP and IFRS (from Bae et al., 2008; Daske et al., 2008).”
Dividend Payouts and Information Shocks (2014, background): “Compared to local GAAP in many countries, IFRS is more capital-market oriented and provides more extensive measurement and disclosure rules (e.g., Ding et al. 2007; Bae, Tan, and Welker 2008).”
Incentives or Standards: What Determines Accounting Quality Changes around IFRS Adoption? (2015, background): “(2013) find capital market benefits following mandatory IFRS adoption in the UK, which had previous domestic standards that are considered to be very similar to IFRS (Bae et al. 2008).”