IFRS adoption in Spain and the United Kingdom: Effects on accounting numbers and relevance

Property, Plant and Equipment disclosure requirements and firm characteristics: the Portuguese Accounting Standardization System

“…Perhaps, other kind of information would be more appropriate and selected by managers throughout this process. However, this finding corroborates prior literature (Gastón et al, 2010). Authors found that the effect of IAS/IFRS was less significant in companies with a higher degree of internationalization.…”

“…Moreover, Akhtaruddin (2005) and Aljifri (2008) concluded that the company size has little impact on the dissemination of information. Finally, Morais and Fialho (2008) and Gastón et al (2010) found no association between firm size and the degree of disclosure.…”

“…Oliveira et al (2006) studied this variable stating that company internationalization increased the levels of disclosure; however, no relationship between the variable "foreign activity" and the level of disclosure was found in that same study. Gastón et al (2010) estimated the "foreign activity" through foreign sales and concluded that the effect of IAS/IFRS was less significant in companies with a higher proportion of foreign sales over total sales.…”

“…The variable "company size" was assessed using the variables total assets (TA), total sales (TS), and number of employees (NE) ( The variable "profitability" was measured by the return on equity (ratio income before tax to equity) and return on assets (ratio income before tax to total assets) ( The variable "industry" was measured by a dummy variable that takes the value 1 if the company falls within the manufacturing sector and the value 0 otherwise. The selection of the two types of activity relates to the fact that we expect manufacturing companies to need more investment in PPE and, thus, present higher levels of disclosure (Gastón et al, 2010;Aljifri, 2008).…”

Mandatory adoption of IFRS in emerging markets: the case of Turkey

“…Harmonization of national accounting systems is an ongoing process, and it has been an issue of vital importance for accounting literature and international and regional institutions since 1970 (Gastón et al, 2010). International accounting organizations, such as the International Accounting Standards Board (IASB) or the Financial Accounting Standards Board (FASB) are the various bodies that provide globally accepted principles to create uniform accounting regime all over the world.…”