메뉴 건너뛰기




Volumn 27, Issue 6, 2008, Pages 480-494

Do accounting standards matter? An exploratory analysis of earnings management before and after IFRS adoption

Author keywords

Earnings management; IFRS; Thresholds

Indexed keywords


EID: 55649111598     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2008.09.008     Document Type: Article
Times cited : (384)

References (38)
  • 1
    • 0034340509 scopus 로고    scopus 로고
    • Country-specific factors related to financial reporting and the value relevance of accounting data
    • Ali A., and Hwang L.-S. Country-specific factors related to financial reporting and the value relevance of accounting data. Journal of Accounting Research 38 (2000) 1-21
    • (2000) Journal of Accounting Research , vol.38 , pp. 1-21
    • Ali, A.1    Hwang, L.-S.2
  • 2
    • 55649109224 scopus 로고    scopus 로고
    • Armstrong, C.S., Barth, M.E., Jagolinzer, A.D., Riedl, E.J., 2007. Market reaction to the adoption of IFRS in Europe. Available at SSRN: .
    • Armstrong, C.S., Barth, M.E., Jagolinzer, A.D., Riedl, E.J., 2007. Market reaction to the adoption of IFRS in Europe. Available at SSRN: .
  • 3
    • 34250015578 scopus 로고    scopus 로고
    • International financial reporting standards (IFRS): pros and cons for investors
    • Ball R. International financial reporting standards (IFRS): pros and cons for investors. Accounting and Business Research 36 (2006) 5-27
    • (2006) Accounting and Business Research , vol.36 , pp. 5-27
    • Ball, R.1
  • 4
    • 0042780791 scopus 로고    scopus 로고
    • The effect of international institutional factors on properties of accounting earnings
    • Ball R., Kothari S.P., and Robin A. The effect of international institutional factors on properties of accounting earnings. Journal of Accounting and Economics 29 (2000) 1-51
    • (2000) Journal of Accounting and Economics , vol.29 , pp. 1-51
    • Ball, R.1    Kothari, S.P.2    Robin, A.3
  • 5
    • 0041790655 scopus 로고    scopus 로고
    • Incentives versus standards: properties of accounting income in four East Asian countries
    • Ball R., Robin A., and Wu J.S. Incentives versus standards: properties of accounting income in four East Asian countries. Journal of Accounting and Economics 36 (2003) 235-270
    • (2003) Journal of Accounting and Economics , vol.36 , pp. 235-270
    • Ball, R.1    Robin, A.2    Wu, J.S.3
  • 9
    • 0041849718 scopus 로고    scopus 로고
    • Managing earnings surprises in the US versus 12 other countries
    • Brown L.D., and Higgins H.N. Managing earnings surprises in the US versus 12 other countries. Journal of Accounting and Public Policy 20 (2001) 373-398
    • (2001) Journal of Accounting and Public Policy , vol.20 , pp. 373-398
    • Brown, L.D.1    Higgins, H.N.2
  • 10
  • 11
    • 33745588709 scopus 로고    scopus 로고
    • The importance of reporting incentives: earnings management in European private and public firms
    • Burgstahler D., Hail L., and Leuz C. The importance of reporting incentives: earnings management in European private and public firms. The Accounting Review 81 (2006) 983-1016
    • (2006) The Accounting Review , vol.81 , pp. 983-1016
    • Burgstahler, D.1    Hail, L.2    Leuz, C.3
  • 12
    • 55649115145 scopus 로고    scopus 로고
    • Capkun, V., Cazavan-Jeny, A., Jeanjean, T., Weiss, L.A., 2008. Earnings management and value relevance during the mandatory transition from local gaaps to IFRS in Europe. Available at SSRN: .
    • Capkun, V., Cazavan-Jeny, A., Jeanjean, T., Weiss, L.A., 2008. Earnings management and value relevance during the mandatory transition from local gaaps to IFRS in Europe. Available at SSRN: .
  • 13
    • 33846663095 scopus 로고    scopus 로고
    • Foreign mutual funds holdings, and the voluntary adoption of international accounting standards
    • Covrig V.L., DeFond M.J., and Hung M. Foreign mutual funds holdings, and the voluntary adoption of international accounting standards. Journal of Accounting Research 45 (2007) 41-70
    • (2007) Journal of Accounting Research , vol.45 , pp. 41-70
    • Covrig, V.L.1    DeFond, M.J.2    Hung, M.3
  • 14
    • 55649092696 scopus 로고    scopus 로고
    • Daske, H., Hail, L., Leuz, C., Verdi, R.S., 2007a. Adopting a label: heterogeneity in the economic consequences of IFRS adoptions. Available at SSRN: .
    • Daske, H., Hail, L., Leuz, C., Verdi, R.S., 2007a. Adopting a label: heterogeneity in the economic consequences of IFRS adoptions. Available at SSRN: .
  • 15
    • 55649099874 scopus 로고    scopus 로고
    • Daske, H., Hail, L., Leuz, C., Verdi, R.S., 2007b. Mandatory IFRS reporting around the world: early evidence on the economic consequences. ECGI-Finance Working Paper No. 198/2008, Available at SSRN: .
    • Daske, H., Hail, L., Leuz, C., Verdi, R.S., 2007b. Mandatory IFRS reporting around the world: early evidence on the economic consequences. ECGI-Finance Working Paper No. 198/2008, Available at SSRN: .
  • 16
    • 0001499806 scopus 로고
    • Accounting numbers as market valuation substitutes: a study of management buyouts of public stockholders
    • DeAngelo L. Accounting numbers as market valuation substitutes: a study of management buyouts of public stockholders. The Accounting Review 61 (1986) 400-420
    • (1986) The Accounting Review , vol.61 , pp. 400-420
    • DeAngelo, L.1
  • 19
    • 33846326558 scopus 로고    scopus 로고
    • Differences between domestic accounting standards and IAS: measurement, determinants and implications
    • Ding Y., Hope O.-K., Jeanjean T., and Stolowy H. Differences between domestic accounting standards and IAS: measurement, determinants and implications. Journal of Accounting and Public Policy 26 (2007) 1-38
    • (2007) Journal of Accounting and Public Policy , vol.26 , pp. 1-38
    • Ding, Y.1    Hope, O.-K.2    Jeanjean, T.3    Stolowy, H.4
  • 20
    • 55649121427 scopus 로고    scopus 로고
    • European Union, 2002. Regulation (EC) No. 1606/2002 of the European parliament and of the council of 19 July 2002 on the application of international accounting standards. Official Journal of the European Communities September 11, 2002, L. 243/1-L. 243/4.
    • European Union, 2002. Regulation (EC) No. 1606/2002 of the European parliament and of the council of 19 July 2002 on the application of international accounting standards. Official Journal of the European Communities September 11, 2002, L. 243/1-L. 243/4.
  • 21
    • 27844569369 scopus 로고    scopus 로고
    • Economic effects of tightening accounting standards to restrict earnings management
    • Ewert R., and Wagenhofer A. Economic effects of tightening accounting standards to restrict earnings management. The Accounting Review 80 (2005) 1101-1124
    • (2005) The Accounting Review , vol.80 , pp. 1101-1124
    • Ewert, R.1    Wagenhofer, A.2
  • 22
    • 55649092066 scopus 로고    scopus 로고
    • Financial Reporting Policy Committee, 2007. Response to the SEC release: acceptance from foreign private issuers of financial statements prepared in accordance with international financial reporting standards without reconciliation to US GAAP. American Accounting Association.
    • Financial Reporting Policy Committee, 2007. Response to the SEC release: acceptance from foreign private issuers of financial statements prepared in accordance with international financial reporting standards without reconciliation to US GAAP. American Accounting Association.
  • 24
    • 0000862461 scopus 로고
    • Earnings management during import relief investigations
    • Jones J.J. Earnings management during import relief investigations. Journal of Accounting Research 29 (1991) 193-228
    • (1991) Journal of Accounting Research , vol.29 , pp. 193-228
    • Jones, J.J.1
  • 26
    • 33746915153 scopus 로고    scopus 로고
    • Earnings management and cross listing: are reconciled earnings comparable to US earnings?
    • Lang M., Smith Raedy J., and Wilson W. Earnings management and cross listing: are reconciled earnings comparable to US earnings?. Journal of Accounting and Economics 42 (2006) 255-283
    • (2006) Journal of Accounting and Economics , vol.42 , pp. 255-283
    • Lang, M.1    Smith Raedy, J.2    Wilson, W.3
  • 27
    • 0037505903 scopus 로고    scopus 로고
    • IAS versus U.S. GAAP: information asymmetry-based evidence from Germany's new market
    • Leuz C. IAS versus U.S. GAAP: information asymmetry-based evidence from Germany's new market. Journal of Accounting Research 41 (2003) 445-472
    • (2003) Journal of Accounting Research , vol.41 , pp. 445-472
    • Leuz, C.1
  • 28
    • 33746130781 scopus 로고    scopus 로고
    • Political relationships, global financing, and corporate transparency: evidence from Indonesia
    • Leuz C., and Oberholzer-Gee F. Political relationships, global financing, and corporate transparency: evidence from Indonesia. Journal of Financial Economics 81 (2006) 411-439
    • (2006) Journal of Financial Economics , vol.81 , pp. 411-439
    • Leuz, C.1    Oberholzer-Gee, F.2
  • 29
  • 30
    • 0042012826 scopus 로고    scopus 로고
    • Earnings management and investor protection: an international comparison
    • Leuz C., Nanda D., and Wysocki P.D. Earnings management and investor protection: an international comparison. Journal of Financial Economics 69 (2003) 505-527
    • (2003) Journal of Financial Economics , vol.69 , pp. 505-527
    • Leuz, C.1    Nanda, D.2    Wysocki, P.D.3
  • 31
    • 0034367576 scopus 로고    scopus 로고
    • Research design issues in earnings management studies
    • McNichols M.F. Research design issues in earnings management studies. Journal of Accounting and Public Policy 19 (2000) 313-345
    • (2000) Journal of Accounting and Public Policy , vol.19 , pp. 313-345
    • McNichols, M.F.1
  • 33
    • 84977707554 scopus 로고
    • A simple model of capital market equilibrium with incomplete information
    • Merton R.C. A simple model of capital market equilibrium with incomplete information. Journal of Finance 42 (1987) 483-510
    • (1987) Journal of Finance , vol.42 , pp. 483-510
    • Merton, R.C.1
  • 35
    • 55649104565 scopus 로고    scopus 로고
    • SEC, 2007. SEC takes action to improve consistency of disclosure to U.S. investors in foreign companies. Press release 235, Nov. 15, 2007, Securities and Exchange Commission.
    • SEC, 2007. SEC takes action to improve consistency of disclosure to U.S. investors in foreign companies. Press release 235, Nov. 15, 2007, Securities and Exchange Commission.
  • 36
    • 84993111745 scopus 로고    scopus 로고
    • Accounts manipulation: a literature review and proposed conceptual framework
    • Stolowy H., and Breton G. Accounts manipulation: a literature review and proposed conceptual framework. Review of Accounting and Finance 3 (2004) 5-65
    • (2004) Review of Accounting and Finance , vol.3 , pp. 5-65
    • Stolowy, H.1    Breton, G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.