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- Okuda Shin'ya
- Distribution and Communication Sciences, OSAKA GAKUIN UNIVERSITY
書誌事項
- タイトル別名
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- <b>Who Benefits from the Adoption of IFRS?</b>
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抄録
The research objective of this paper is to investigate when the adoption of International Financial Reporting Standards (IFRS) is beneficial to capital market participants. In particular, I specify the conditions in which IFRS is superior to domestic accounting standards from cost of capital and disclosure viewpoint. This paper presents a competitive equilibrium model to demonstrate who would prefer IFRS to domestic accounting standards, and when. It shows that in certain conditions, there is a conflict between firms' managers and investors, with regard to the adoption of IFRS. It also demonstrates that although the quality of accounting standards is an important condition, it does not necessitate IFRS preference by managers and investors. This sheds light on the fact that the ratio of foreign investors affects the decision.
収録刊行物
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- The Japanese Accounting Review
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The Japanese Accounting Review 1 (2011), 61-69, 2011
国立大学法人 神戸大学経済経営研究所
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キーワード
詳細情報
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- CRID
- 1390282680399959040
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- NII論文ID
- 130004676240
- 40019649006
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- NII書誌ID
- AA1254905X
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- ISSN
- 21854793
- 21854785
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- NDL書誌ID
- 024476376
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- 本文言語コード
- en
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- データソース種別
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- JaLC
- NDL
- Crossref
- CiNii Articles
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- 抄録ライセンスフラグ
- 使用不可