ACCOUNTING STANDARDS AND VALUE RELEVANCE OF FINANCIAL STATEMENTS: AN INTERNATIONAL ANALYSIS

By Mingyi Hung. 2000

640 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/edc0e21a56f4f056a47211438e5f9a362ecdc5cd

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Citations in the corpus

Home Bias, Foreign Mutual Fund Holdings, and the Voluntary Adoption of International Accounting Standards (2007, neutral): “19 governance, and extent to which investors rights are protected (e.g., La Porta, Lopez-de-Silanes, Shleifer and Vishny, 1998; Ball, Kothari and Robin, 2000; Hung, 2001; Ball, Robin and Wu, 2003; DeFond and Hung, 2004).”
Understanding Earnings Quality: A Review of the Proxies, Their Determinants and Their Consequences (2010, methodology): “38 Hung (2000) develops her own country-specific accrual accounting intensity index based on the accounting treatment of: (1) Goodwill, (2) Equity method investments, (3) Deprecation, (4) Purchased intangibles, (5) Internally developed intangibles, (6) Research and development costs, (7) Interest ca”
Earnings Quality and International IPO Underpricing (2011, neutral): “See also Hung (2000) and Ball et al. (2003).”
An unintended consequence of book-tax conformity: A loss of earnings informativeness (2008, methodology): “…information, differences in legal protection for external stakeholders, and differences in the degree of tax conformity in the different countries.7 Hung (2001) reports evidence consistent with the use of accrual accounting (versus cash accounting) negatively affecting the informativeness of…”
IFRS Adoption and Accounting Quality: A Review (2007, background): “Germany also has a strong legal system in terms of rule of law and efficiency of the judicial system to ensure compliance with the chosen accounting standards (Hung and Subramanyam, 2007). The large differences between two accounting standards and the high compliance levels likely increase the power”
Do controlling shareholders' expropriation incentives imply a link between corporate governance and firm value? Theory and evidence (2012, background): “…have higher valuation of listed firms relative to their assets (LLSV, 2002; Claessens, Djankov, and Lang, 2000), a larger number of listed firms (LLSV, 1997), and higher quality of accounting information (Hung, 2001; Ball, Robin, and Wu, 2002; Fan and Wong, 2002; Leuz, Nanda, and Wysocki, 2003).”
Hedging Foreign Exchange Exposure: Risk Reduction from Transaction and Translation Hedging (2004, neutral): “In sum, accounting practices for international operations and hedging seem to some extent to lag those in the US, at least for the sample period (see also Hung (2001), for a discussion on country differences of the value relevance of financial statements).”
Home Country Tax System Characteristics and Corporate Tax Avoidance: International Evidence (2012, methodology): “37 Hung (2001) constructs the book-tax conformity variable using five factors derived from international tax and accounting summaries: the existence of deferred taxes; whether additional accelerated depreciation is allowed; whether amortization periods depend on tax laws; whether lease…”
The Value Relevance of Financial Accounting Information in a Transition Economy: The Case of the Czech Republic (2005, background): “…relevance researchers have become aware of the fact that the value relevance of accounting information is not based solely on accounting regulation but is influenced by a number of factors external to the accounting environment (Ball et al., 2000, 2003; Hung, 2001; Bushman and Piotroski, 2005).”