Adoption of IFRS in Spain: Effect on the comparability and relevance of financial reporting

By Susana Callao, José Ignacio Jarne, J. A. Laínez. 2007

458 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/c01e1d0a2ed54f35cc0e21589b2428da11f917ee

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Citations in the corpus

The Transition to IFRS and the Value Relevance of Financial Statements in Greece (2012, background): “Horton and Serafeim (2007) find that UK, French and Italian companies’ earnings reconciliations on transition to mandatory IFRS implementation are incrementally value relevant, but not those of Spanish companies (which supports Callao et al., 2007 – see above). Devalle, Onali and Magarini (2010) use”
Assessing the Value Relevance of Accounting Data After the Introduction of IFRS in Europe: The Value Relevance of Accounting Data under IFRS (2010, unknown): “For Spain, value relevance of book value of equity and earnings is lower for the IFRS period than for the pre-IFRS period.”
The value relevance of intellectual capital disclosures (2011, background): “In a descriptive analysis of a small sample of listed companies in Spain, Callao et al. (2007) concluded that there had been no improvement in the relevance of reported book value compared to market value of firms when the accounts were prepared using IFRS.”
The Impact of Mandatory IFRS Adoption on Equity Valuation of Accounting Numbers for Security Investors in the EU (2010, background): “…2005) that has inspired research into the effects of IFRS on the capital markets and financial reporting in Europe (e.g. Armstrong et al., 2007; Callao et al., 2007; Hung and Subramanyam, 2007; Agostino et al., 2008; Gjerde et al., 2008; Beneish et al., 2009; Devalle et al., 2009; Horton and…”
The Impact of IFRS on the Value Relevance of Accounting Information: Evidence from Turkish Firms (2013, background): “Callao et al. (2007) focused on IBEX-35 companies to see the effects of the new standards on comparability and relevance of financial reporting in Spain.”
Market reaction to and valuation of IFRS reconciliation adjustments: first evidence from the UK (2010, result): “(2007) and Callao et al. (2007). 4 Recent research by Lee et al (2007) also finds that for a sample of UK adopters of IFRS the market responded to the timing of the reconciliation announcements, which is consistent with the more detailed findings of this paper.”
The Determinants and Consequences of Heterogeneous IFRS Compliance Levels Following Mandatory IFRS Adoption: Evidence from a Developing Country (2011, unknown): “Much of the research to date on this question relates to IFRS adoption and focuses on relatively developed European economies (e.g., Callao et al. 2007).”
The Value-Relevance of Adopting IFRS: Evidence from 145 NGAAP Restatements (2008, unknown): “examples are Callao, Jarne and Lainez (2007) and Horton and Serafeim (2007), where na-”