Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103662
Authors: 
Ernstberger, Jürgen
Krotter, Simon
Stadler, Christian
Year of Publication: 
2008
Citation: 
[Journal:] BuR - Business Research [ISSN:] 1866-8658 [Volume:] 1 [Year:] 2008 [Issue:] 1 [Pages:] 26-53
Abstract: 
This paper assesses the influence of an adoption of IAS/IFRS or US GAAP on the financial analysts’ forecast accuracy in a homogenous institutional framework. Our findings suggest that the forecast accuracy is higher for estimates based on IFRS or US GAAP data than for forecasts based on German GAAP data. Moreover, in the year of switching from German GAAP to US GAAP the forecast accuracy is lower than in other years. The paper contributes to prior research by providing evidence about the usefulness of international accounting data and about the adoption effects of a change to such accounting principles.
Subjects: 
accounting
adoption effect
analysts
analysts’ forecast accuracy
financial analysts
German GAAP
Germany
HGB
IAS
IFRS
IFRS adoption
learning effect
US GAAP
Persistent Identifier of the first edition: 
Document Type: 
Article

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