Many listed companies around the world are required to prepare their consolidated accounts according to International Financial Reporting Standards (IFRS) since fiscal year 2005. Ulf Brüggemann discusses and empirically investigates the economic consequences of this mandatory switch to IFRS. He provides evidence that cross-border investments by individual investors increased following the introduction of IFRS. However, he also finds that uneven implementation of IFRS and its impact on contractual outcomes whose features vary substantially across countries are likely to dampen the benefits of uniform accounting standards. Taken together, his analysis shows that mandatory IFRS reporting has the potential to produce both intended and unintended consequences.
Reihe
Auflage
Sprache
Verlagsort
Verlagsgruppe
Betriebswirtschaftlicher Verlag Gabler
Zielgruppe
Für Beruf und Forschung
Researchers and students in Financial Accounting
anyone interested in the economic consequences of IFRS or, more generally, changes in accounting regulation
Illustrationen
Maße
Höhe: 210 mm
Breite: 148 mm
Dicke: 11 mm
Gewicht
ISBN-13
978-3-8349-3169-6 (9783834931696)
DOI
10.1007/978-3-8349-6952-1
Schweitzer Klassifikation
Dr. Ulf Brüggemann received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. Carsten Homburg (Department of Business Administration and Management Accounting).
Intended and Unintended Consequences of Mandatory IFRS Adoption; Mandatory IFRS Adoption and Cross-border Investments by Individual Investors; Economic Consequences Fair Value Reclassifications under IFRS
