The Impact and Importance of Mandatory Adoption of International Financial Reporting Standards in Europe
The Impact and Importance of Mandatory Adoption of International Financial Reporting Standards in Europe
复制标题
欧洲强制采用国际财务报告准则的影响和重要性
DOI：
10.1111/j.1467-646x.2010.01043.x
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发表时间：
2011
期刊：
影响因子：
--
通讯作者：
G. Grudnitski
中科院分区：
文献类型：
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作者：
Franois Aubert;G. Grudnitski
在本文中，我们报告了对强制采用国际会计报告准则(IFRS)对欧盟公司的影响和重要性进行两阶段分析的结果。在第一阶段，我们确定了在13个国家和20个行业强制采用国际财务报告准则的影响。这是通过确定根据IFRS和当地公认会计原则(LG)计算的公司的资产回报率(ROA)的重大差异来实现的。比利时、芬兰、法国、意大利、荷兰、瑞典、瑞士和英国的公司表现出显著的正差异：只有德国和挪威的公司在使用IFRS和LG计算的ROA之间显示出负的平均显著差异。在逐个行业的基础上重复对ROA差异的分析，在第二阶段的分析中产生了更多的葡萄牙和西班牙公司，其中评估了强制性采用《国际财务报告准则》的影响。在定义市场和财务报告质量的影响时，我们发现所有国家以及比利时、芬兰、法国、希腊、意大利、荷兰、挪威、瑞典和英国的公司的会计信息和市场回报之间存在统计上的显著关系-合并了3,530个观察样本。在所有国家的合并样本中，以及比利时、芬兰、法国、德国、意大利、荷兰、挪威、瑞典和瑞士等国的公司都发现了对会计信息及时性的支持。最后，从所有国家的公司--来自芬兰、希腊、荷兰、瑞典和联合王国的3,480项意见的综合样本--发现了支持会计制度产生高质量可自由支配应计项目这一命题的证据。然而，当比较IFRS和LG构建的差异会计信息时，几乎没有发现差异。具体地说，没有统计数据支持根据《国际财务报告准则》编制的会计信息比使用LG得出的会计信息更具相关性的任何样本。当我们的研究转向收益的及时性时，基于国际财务报告准则和当地会计准则构建的收益之间的积极差异影响仅在所有国家合并的样本中被检测到。最后，对于芬兰、希腊和瑞典的公司，根据国际财务报告准则，可自由支配应计项目的质量明显高于LG。
In this paper we report the results of conducting a two-stage analysis on the impact and importance of mandatory adoption of international accounting reporting standards (IFRS) on European Union firms. In the first stage we determined the impact of mandatory adoption of IFRS across 13 countries and twenty industries. This was accomplished by identifying significant differences in return on assets (ROA) for firms computed under IFRS and local, generally accepted accounting principles (LG). Significant positive differences were detected for firms in Belgium, Finland, France, Italy, the Netherlands, Sweden, Switzerland and the United Kingdom: only German and Norwegian firms exhibited a negative average significant difference between ROA calculated using IFRS and LG. Repeating the analysis of differences in ROA on an industry-by-industry basis yielded additional Portuguese and Spanish firms for the second stage of the analysis in which the impact of mandatory IFRS adoption was assessed. Defining impact in terms of market and financial reporting quality, we found a statistically significant relationship between accounting information and market returns for firms in the all-countries-combined sample of 3,530 observations, and in the countries of Belgium, Finland, France, Greece, Italy, the Netherlands, Norway, Sweden and the United Kingdom. Support for the timeliness of accounting information was uncovered for firms in the all-countries-combined sample, and in the countries of Belgium, Finland, France, Germany, Italy, the Netherlands, Norway, Sweden and Switzerland. Finally, evidence to support the proposition that accounting regimes produce quality discretionary accruals was found for firms from the all-countries-combined sample of 3,480 observations and from Finland, Greece, the Netherlands, Sweden and the United Kingdom. When comparing differential accounting information constructed under IFRS and LG, however, few differences could be found. Specifically, there was no statistical support for any of the samples that accounting information produced under IFRS was any more value relevant than the accounting information derived using LG. When our examination shifted to the timeliness of earnings, a positive differential impact between earnings constructed on the basis of IFRS and local accounting standards was detected only for the all-countries-combined sample. Finally, the quality of discretionary accruals was shown to be significantly higher under IFRS than LG for firms in Finland, Greece and Sweden.
(2008) 蚂蚁植物-蚁介虫共生系统的协同多样性
DOI：
--
发表时间：
2008
期刊：
影响因子：
--
作者：
上田昇平・Quek;S.-P.・市岡孝朗・村瀬香・Kondo;T・Gullan;P.J・市野隆雄
通讯作者：
P.J・市野隆雄