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dc.contributor.authorCascino, Stefanoen_US
dc.contributor.authorGassen, Joachimen_US
dc.date.accessioned2012-02-09en_US
dc.date.accessioned2012-04-05T16:16:07Z-
dc.date.available2012-04-05T16:16:07Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/56682-
dc.description.abstractThe mandatory adoption of IFRS by many countries worldwide fuels the expectation that financial accounting information might become more comparable across countries. This expectation is opposed to an alternative view that stresses the importance of incentives in shaping accounting information. We provide early evidence on this debate by investigating the effects of mandatory IFRS adoption on the comparability of financial accounting information around the world. Using two comparability proxies based on De Franco et al. [2011], our results suggest that the overall comparability effect of mandatory IFRS adoption is marginal at best. To investigate the reasons for this finding, we first hand-collect data on IFRS compliance for a sample of German and Italian firms and find that firm-, region-, and country-level incentives systematically shape accounting compliance. We then use the identified compliance incentives to explain the variance in the comparability effect of mandatory IFRS adoption and find it to vary systematically with firm-level incentives, suggesting that only firms with high compliance incentives experience substantial increases in comparability.en_US
dc.language.isoengen_US
dc.publisherSFB 649, Economic Risk Berlinen_US
dc.relation.ispartofseriesSFB 649 discussion paper 2012-009en_US
dc.subject.jelM41en_US
dc.subject.jelG14en_US
dc.subject.jelF42en_US
dc.subject.ddc330en_US
dc.subject.keywordinternational accountingen_US
dc.subject.keywordIFRSen_US
dc.subject.keywordcomparabilityen_US
dc.subject.keywordaccounting harmonizationen_US
dc.subject.keywordfinancial accounting complianceen_US
dc.subject.keywordreporting incentivesen_US
dc.subject.stwInternational Financial Reporting Standardsen_US
dc.subject.stwPublizitätspflichten_US
dc.subject.stwÖkonomischer Anreizen_US
dc.subject.stwBilanzrechten_US
dc.subject.stwRechtsangleichungen_US
dc.subject.stwBilanzanalyseen_US
dc.subject.stwVergleichen_US
dc.subject.stwWelten_US
dc.subject.stwDeutschlanden_US
dc.subject.stwItalienen_US
dc.titleComparability effects of mandatory IFRS adoptionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn685017095en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SFB 649 Discussion Papers, HU Berlin

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