Hail, Procrustes! Harmonized accounting standards as a Procrustean bed

Journal of Accounting and Public Policy

Volumn 31, Issue 4, 2012, Pages 341-355

  Stecher, Jack ^a   Suijs, Jeroen ^b  

^a CARNEGIE MELLON UNIVERSITY   (United States)

^b TILBURG UNIVERSITY   (Netherlands)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84865557971     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2012.05.003     Document Type: Article

References (36)

1. Armstrong C.S., Barth M.E., Jagolinzer A.D., Riedl E.J. Market reaction to the adoption of IFRS in Europe. The Accounting Review 2010, 85(1):31-61.
2. Arya A., Glover J., Mittendorf B. Hierarchical reporting, aggregation, and information cascades. Managerial and Decision Economics 2006, 27(5):355-362.
3. Atwood T.J., Drake M.S., Myers J.N., Myers L.A. Do earnings reported under IFRS tell us more about future earnings and cash flows?. Journal of Accounting and Public Policy 2011, 30(2):103-121.
4. Avery H.G. Accounting as a language. The Accounting Review 1953, 28(1):83-87.
5. Ball R. Making accounting more international: why, how, and how far will it go?. Journal of Applied Corporate Finance 1995, 8(3):19-29.
6. Barth M.E., Clinch G., Shibano T. International accounting harmonization and global equity markets. Journal of Accounting and Economics 1999, 26(1-3):201-235.
7. Barth M.E., Landsman W.R., Lang M. International accounting standards and accounting quality. Journal of Accounting Research 2008, 46(3):467-489.
8. Blackwell D. Comparison of experiments. Proceedings of the Second Berkeley Symposium on Mathematical Statistics and Probability 1951, 93-102. University of California Press, Berkeley. J. Neyman (Ed.).
9. Carmona S., Trombetta M. On the global acceptance of IAS/IFRS accounting standards: the logic and implications of the principles-based system. Journal of Accounting and Public Policy 2008, 27(6):455-461.
10. Chamisa E.E. The relevance and observance of the IASC standards in developing countries and the particular case of Zimbabwe. International Journal of Accounting 2000, 35(2):267-286.
11. Chen S., Sun Z., Yang Y. Evidence from China on whether harmonized accounting standards harmonize accounting practices. Accounting Horizons 2002, 16(3):183-197.
12. Chua W.F., Taylor S.L. The rise and rise of IFRS: an examination of IFRS diffusion. Journal of Accounting and Public Policy 2008, 27(6):462-473.
13. Cuijpers R., Buijink W. Voluntary adoption of non-local GAAP in the European Union: a study of determinants and consequences. European Accounting Review 2005, 14(3):487-524.
14. Daske H., Hail L., Leuz C., Verdi R.S. Mandatory IFRS reporting around the world: early evidence on the economic consequences. Journal of Accounting Research 2008, 46(5):1085-1142.
15. Daske, H., Hail, L., Leuz, C., Verdi, R.S., 2011. Adopting a Label: Heterogeneity in the Economic Consequences Around Voluntary IAS and IFRS Adoptions. Working Paper, University of Mannheim, University of Pennsylvania, University of Chicago, MIT.
16. Delvaille P., Ebbers G., Saccon C. International financial reporting convergence: evidence from three continental European countries. Accounting in Europe 2005, 2(1):137-163.
17. Demski J.S. The general impossibility of normative accounting standards. The Accounting Review 1973, 48(4):718-723.
18. Dickhaut J.W., Eggleton I.R.C. An examination of the process underlying comparative judgements of numerical stimuli. Journal of Accounting Research 1975, 13(4):38-72.
19. Dye R.A., Sridhar S.S. Reliability-relevance tradeoffs and the efficiency of aggregation. Journal of Accounting Research 2004, 42(1):51-88.
20. Dye R.A., Sunder S. Why not allow FASB and IASB standards to compete in the US?. Accounting Horizons 2001, 15(3):257-271.
21. FASB, 1978. Objectives of Financial Reporting by Business Enterprises. Statement of Financial Accounting Concepts No. 1. Financial Accounting Standards Board, Stanford, CT.
22. Haried A.A. The semantic dimensions of financial statements. Journal of Accounting Research 1972, 10(2):376-391.
23. Ijiri, Y., 1975. The Theory of Accounting Measurement. Technical Report No. 10. American Accounting Association, Sarasota, Florida.
24. Jermakowicz E.K., Gornik-Tomaszewski S. Implementing IFRS from the perspective of EU publicly traded companies. Journal of International Accounting, Auditing, and Taxation 2006, 15(2):170-196.
25. Joos P., Lang M. The effects of accounting diversity: evidence from the European Union. Journal of Accounting Research 1994, 32(Suppl.):141-168.
26. Jordan J.S., Xu D. On the communication complexity of expected-profit maximization. Journal of Economic Theory 1999, 86(2):185-202.
27. Karamanou I., Nishiotis G. Disclosure and the cost of capital: evidence from the market's reaction to firm voluntary adoption of IAS. Journal of Business Finance and Accounting 2009, 36(7-8):793-821.
28. Kelley J.L. General Topology 1975, Springer-Verlag, New York.
29. KPMG, von Keitz, I., 2006. The Application of IFRS: Choices in Practice. KPMG IFRG Limited, London.
30. Sambin G. The Basic Picture: Structures for Constructive Topology. Oxford Logic Guides 2012, Oxford University Press, New York.
31. Savage L.J. The Foundations of Statistics 1972, Dover, UK. second ed.
32. Shima K.M., Gordon E.A. IFRS and the regulatory environment: The case of US investor allocation choice. Journal of Accounting and Public Policy 2011, 30(5):481-500.
33. Sunder S. Regulatory competition among accounting standards within and across international boundaries. Journal of Accounting and Public Policy 2002, 21(3):219-234.
34. Tyrrall D., Woodward D., Rakhimbekova A. The relevance of international financial reporting standards to a developing country: evidence from Kazakhstan. International Journal of Accounting 2007, 42(1):82-110.
35. Walker M. Accounting for varieties of capitalism: the case against a single set of global accounting standards. British Accounting Review 2010, 42(3):137-152.
36. Wilkinson T.L. Can accounting be an international language?. The Accounting Review 1964, 39(1):133-139.