International Accounting Standards and Accounting Quality

Barth, Mary E.; Landsman, Wayne R.; Lang, Mark H.

doi:10.1111/j.1475-679x.2008.00287.x

Cited by 2,027 publications

(1,412 citation statements)

References 34 publications

Supporting

Mentioning

1,053

Contrasting

Unclassified

248

Order By: Relevance

“…Barth, Landsman and Lang (2008) examine whether IFRS adoption is associated with an increase in accounting quality in financial statements of firms from 21 countries. The authors explain that the adoption of IFRS reflects combined effects of factors, which materially affects the financial reporting system, including the standards themselves, their interpretation, enforcement and litigation.…”

Section: Ifrs Adoption and Earnings Managementmentioning

confidence: 99%

“…Daske, Hail, Leuz and Verdi (2013) assess some of these firm-level incentives, including the effect of size, profitability, foreign sales, financial needs, growth opportunities and ownership concentration. Barth et al (2008) examine additional variables identifying firms audited by one of the Big Four, the number of stock exchanges in which the firms' shares are listed, and if they are cross-listed in the United States.…”

Section: Ifrs Adoption and Firm-level Incentives: The Role Of Global mentioning

confidence: 99%

“…First, this study aims to be a complement of the international literature about IFRS and earnings management. Considering that the main studies in the literature rely on this model or some versions based on it, such as Barth et al (2008), Chen, Tang, Jiang, and Lin (2010) and Daske et al (2013), we consider that our study should also be conducted using this model. Second, although some may consider other models to be more appropriate for the Brazilian environment (for instance, Martinez, 2008, argues that the model proposed by Kang & Sivaramakrishanan, 1995, is more appropriate for Brazilian firms), we prefer to use the Modified Jones Model to achieve comparison with the Continental European and the Anglo-Saxon firms.…”

Section: T I T I T It I T I T I T I T Ta Rev Ppementioning

confidence: 99%

“…Ahmed, Chalmers, & Khlif, 2013;Aubert & Grudnitski, 2011;Barth, Landsman, & Lang, 2008;Chen, Tang, Jiang, & Lin, 2010;Gebhardt & Novotny-Farkas, 2011;Jeanjean & Stolowy, 2008;Lara, Torres, & Veira, 2008;Paananen, 2008;Paananen & Lin, 2009;Soderstrom & Sun, 2007). Besides country factors, there are firm-specific characteristics that reflect managers' incentives to prepare high-quality financial statements.…”

Section: Introductionmentioning

confidence: 99%

“…According to Ball, Robin and Wu (2003), firms face external incentives affecting financial statements, which are strongly based on market and political forces, and the amount of publicly traded equity assumes a critical factor affecting accounting disclosure. In this line, some authors argue that the effect of share cross-listing in the United States is associated with a better informational environment (Lang, Lins, & Miller, 2003) and higher accounting quality (Lang, Raedy, & Yetman, 2003), thus it becomes an incentive for managers and auditors to increase transparency in financial statements (e.g., Barth et al, 2008;Chen et al, 2008). Global player firms which operate in many countries and seek to raise funds internationally, especially in the United States, have stronger incentives to report transparent financial statements reflecting their real economic activity and financial position.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

International Financial Reporting Standards and Earnings Management in Latin America

Rathke

Santana

Lourenço³

et al. 2016

Rev. adm. contemp.

View full text Add to dashboard Cite

ResumoEssa pesquisa analisa o nível de gerenciamento de resultados na América Latina após a adoção das International Financial Reporting Standards (IFRS), em comparação aos países anglo-saxões e europeu-continentais. Ela também analisa o efeito da listagem de ações nos Estados Unidos sobre a comparação do nível de gerenciamento de resultados das empresas latino-americanas com empresas estrangeiras. A literatura sobre gerenciamento de resultados considerando países menos desenvolvidos ainda está em construção, e poucos estudos focam esse tema, especialmente na América Latina, apesar de sua relevância para a economia global. A presente pesquisa preenche essa lacuna por meio do exame do nível de gerenciamento de resultados nos principais países latino-americanos que adotam as IFRS (Brasil e Chile), em comparação com os principais países anglo-saxões com tradição em IFRS (Reino Unido e Austrália), e com as principais economias da Europa Continental (França e Alemanha). Os resultados demonstram que os latino-americanos apresentam um maior nível de gerenciamento de resultados que os anglo-saxões e europeu-continentais, e esse comportamento oportunista se mantém significativo quando apenas global players com listagem de ações nos Estados Unidos são analisados. Logo, mesmo com um conjunto único de padrões contábeis de elevada qualidade (IFRS) e fortes incentivos à divulgação, as características específicas dos países produzem forte influência na forma como as IFRS são implementadas em cada país. Palavras-chave: IFRS; gerenciamento de resultados; América Latina. AbstractThis study analyzes the level of earnings management in Latin America after the adoption of the International Financial Reporting Standards (IFRS) and analyzes the role of cross-listing in the United States. The literature on earnings management in less developed countries is still under construction, and few studies focus on this issue, especially with respect to Latin America, despite its relevant role in the global economy. This paper fills this gap in the literature as it analyzes the level of IFRS earnings management regarding the first and main Latin American countries applying IFRS (Brazil and Chile), when compared to the main Anglo-Saxon countries with IFRS tradition (United Kingdom and Australia), and with the main Continental European economies (France and Germany). The results show that Latin American firms present a higher level of earnings management than Continental European and Anglo-Saxon firms, and this opportunistic behavior remains significant when only global players with cross-listing in the United States are analyzed. Thus, even with a unique set of high quality accounting standards (IFRS) and strong reporting incentives, countries' specific characteristics still play an important role in the way IFRS is implemented in each country.

show abstract

Section: Ifrs Adoption and Earnings Managementmentioning

confidence: 99%

Section: Ifrs Adoption and Firm-level Incentives: The Role Of Global mentioning

confidence: 99%

Section: T I T I T It I T I T I T I T Ta Rev Ppementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

International Financial Reporting Standards and Earnings Management in Latin America

Rathke

Santana

Lourenço³

et al. 2016

Rev. adm. contemp.

View full text Add to dashboard Cite

show abstract

Is Corporate Reputation Associated with Quality of CSR Reporting? Evidence from Spain

Odriozola

Baraibar‐Diez

2017

Corp Soc Responsibility Env

185

160

View full text Add to dashboard Cite

Disclosure of social, environmental, and governance (ESG) information is inherent to the implementation of a corporate social responsibility (CSR) strategy. Furthermore, the level of quality in sustainability reports that are developed by the company may enhance its credibility and in turn, influence the perception of stakeholders improving corporate reputation. The aim of this work is to test whether the quality of sustainability reports influences subsequent corporate reputation. This contribution responds to a latent need in the literature as the study of the assurance on sustainability reporting is relatively new and its focus is novel since few studies examine the level of quality information as a precedent of reputation instead of a result of certain corporate variables. Using a logistic regression applied to Ibex35 companies for the period 2006–2011, we find that the quality of sustainability reporting increases the likelihood of having higher corporate reputation. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

show abstract

Environmental risk indicators disclosure and value relevance: An empirical analysis of Italian listed companies after the implementation of the Legislative Decree 254/2016

Paolone

Granà²,

Martiniello

et al. 2021

Corp Soc Responsibility Env

View full text Add to dashboard Cite

In response to EU Directive 95/2014, many companies headquartered in Europe have strengthened their non‐financial disclosure on environmental strategies and risks. In particular, the Directive was applied by Italian law, with the Legislative Decree 254/2016, requiring the largest Italian companies (exceeding 500 employees) to provide detailed information on their social and environmental disclosures. In this paper, we aim to analyze the value relevance of financial and environmental information provided by the Italian, non‐financial listed companies after the implementation of the Legislative Decree 254/2016. By building on the signaling theory, we set a pooled regression analysis to test the relationship between environmental disclosure and value relevance for the period 2017–2018. We contribute to the literature by arguing that Italian companies' market value depends on both their financial and environmental disclosures. More specifically, we argue that accounting information is not sufficiently capable to explain the value relevance and it needs to be integrated by a set of environmental information. Our contribution aims at demonstrating that the higher the levels of environmental risk indicators disclosure, the greater a company's market performance.

show abstract

International Accounting Standards and Accounting Quality

Cited by 2,027 publications

References 34 publications

International Financial Reporting Standards and Earnings Management in Latin America

International Financial Reporting Standards and Earnings Management in Latin America

Is Corporate Reputation Associated with Quality of CSR Reporting? Evidence from Spain

Environmental risk indicators disclosure and value relevance: An empirical analysis of Italian listed companies after the implementation of the Legislative Decree 254/2016

Contact Info

Product

Resources

About