An Exploratory Study of the Valuation Properties of Cross-Listed Firms' IAS and U.S. GAAP Earnings and Book Values

By Hollis Ashbaugh, Per Olsson. 2002

128 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/688ec0fd77a6e6ca5ae9a96a7c7c70d275ecaa1b

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Citations in the corpus

Financial statement effects of adopting international accounting standards: the case of Germany (2007, methodology): “Second, we contribute to the literature examining the valuation properties of IAS (for example, Ashbaugh and Olsson 2002; Harris and Muller 1999) by focusing our investigation on the period after both the adoption of the core standards by the IASC and the requirement of full compliance.”
A review of the IFRS adoption literature (2016, background): “However, these relatively small differences may result in part because firms cross-listing to the US are typically large, have better information environments, and tend to choose accounting policies that are more consistent with US GAAP (e.g., Ashbaugh and Olsson, 2002).”
IFRS Adoption and Accounting Quality: A Review (2007, methodology): “…in Harris and Muller (1999) biases against finding any significant differences between IAS and US GAAP because IAS firms listed in the United States are more likely to choose accounting methods consistent with US GAAP without violating IAS (Pownall and Schipper, 1999; Ashbaugh and Olsson, 2002).”
Quality of financial reporting: measuring qualitative characteristics (2009, background): “…the influence US GAAP and IFRS have on the quality of financial reports show positive, insignificant and negative differential effects (Barth et al., 2008; Van der Meulen et al., 2007; Barth et al., 2006; Bartov et al., 2005; Psaros & Trotman, 2004; Amir et al., 1993; Ashbaugh and Olsson, 2002).”
The value relevance of IFRS in the European banking industry (2011, background): “Ashbaugh and Olsson (2002) examine non-US firms listed on London’s SEAQ and find that IAS and US GAAP earnings and book values of equity are equally value-relevant, but that the degree of value relevance depends on the valuation model used.”
Adopting a Label: Heterogeneity in the Economic Consequences of IFRS Adoptions * (2007, 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…”