Financial statement effects of adopting international accounting standards: the case of Germany

By Mingyi Hung, K. Subramanyam. 2007

836 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5c4b9601a5540bef7da809546f284849b1ca8b65

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Citations in the corpus

Are IFRS-based and US GAAP-based accounting amounts comparable? $ (2012, neutral): “Studies relating to German firms include Bartov et al. (2005), Van Tendeloo and Vanstraelen (2005), Daske (2006), and Hung and Subramanyam (2007).”
Adopting a Label: Heterogeneity in the Economic Consequences Around IAS/IFRS Adoptions (2013, background): “In the first category, Harris and Muller (1999), Ashbaugh and Olsson (2002), Eccher and Healy (2000), Bartov et al. (2005), Hung and Subramanyam (2007) analyze the value relevance of IAS accounting numbers relative to local GAAP and/or U.S. GAAP numbers and generally find mixed evidence relative to…”
Home Bias, Foreign Mutual Fund Holdings, and the Voluntary Adoption of International Accounting Standards (2007, neutral): “and Pincus [2001], Hung and Subramanyam [2004], Barth, Landsman and Lang [2005]), and on explaining why countries adopt IAS (Hope, Jin and Kang [2005]).”
Asymmetric benchmarking in bank credit rating (2012, neutral): “Hung and Subramanyam (2007)”
The Value Relevance of International Financial Reporting Standards: Empirical Evidence in an Emerging Market (2012, result): “Studies show earnings and book value are more value relevant under IFRS than domestic GAAP (e.g. Barth et al., 2008; Bartov, Goldberg, & Kim, 2005; Liu & Liu, 2007), while other studies find contrary evidence (e.g. Hung & Subramanyam, 2007).”
Real and Accrual‐Based Earnings Management in the Pre‐ and Post‐IFRS Periods: Evidence from China (2015, neutral): “Hung and Subramanyam (2007) also fail to find that IFRS-based earnings and book values are associated with higher value relevance for German firms.”
Assessing the Value Relevance of Accounting Data After the Introduction of IFRS in Europe: The Value Relevance of Accounting Data under IFRS (2010, neutral): “IFRS have been heavily influenced by the shareholder-based orientation typical of the Anglo-Saxon system (Flower and Ebbers, 2002; Hung and Subramanyam, 2007), in which the principle of ‘‘fair value’’ is important but not always decisive (Cairns, 2006).”
International Financial Reporting Standards and the quality of financial statement information (2010, methodology): “…Following Easton (1998), Brown, Lo and Lys (1999), Li and McConomy (1999), Lang et al. (2003), Barth et al. (2005), Lang et al. (2005) and Hung and Subramanyam (2007), the study also uses a lagged market value figure as of two and six months after year-end deflated by number of shares…”
The Role of International Financial Reporting Standards in Accounting Quality: Evidence from the European Union (2010, background): “Similarly, Hung and Subramanyam (2007) report that accounting quality is higher under IFRS than under German GAAP (i.e., Handelsgesetzbuch – HGB) for the test period of 1998–2002.”
The Value Relevance of Accounting Income Reported by DAX‐30 German Companies (2007, neutral): “Several country-specific studies examine the value relevance of certain accounting items (Barth and Clinch, 1996; Hung and Subramanyam, 2004; Oswald and Zarowin, 2004).”
A review of the IFRS adoption literature (2016, background): “Based on a sample of 80 German industrial firms that voluntarily adopted IAS from 1998 to 2002, Hung and Subramanyam (2007) examine the effects of IAS adoption on reported financial statement numbers. Hung and Subramanyam (2007) take advantage of the requirement of IASadopting German firms to report”