Events calendar
Find out more about our multinational global community, through events in London and around the world…
-
Essential event information
Event for: Academics
Organised by: Subject Areas - Accounting
Invitation type: By invitation only
15.00 - 16.30 Friday 10 May 2013
On campus - London - United Kingdom
Accounting Seminar Series
Speaker(s): Sudarshan Jayaraman (Washington University in St. Louis)
Economic Integration, IFRS Adoption and Accounting Comparability
We examine the effect of economic integration on accounting comparability. Using the adoption of the common Euro currency as a shock to economic integration, we document two effects. First, we show a direct effect around the adoption of the Euro – accounting comparability increases among industries in adopting countries relative to those in non-adopting ones; and this increase is more pronounced when adopting countries also experience increases in arm’s-length financing. Second, economic integration also has an indirect effect, by influencing the effect of accounting standards harmonization (proxied by IFRS adoption) on accounting comparability. We find that the effect of IFRS adoption on accounting comparability is two times larger for Euro members compared to non-Euro members. Our paper highlights the interplay between economic integration, accounting standards harmonization, and accounting comparability.
-
Event location
PLG02
-
Download: SJayaraman Workshop Paper 10May13.pdf (317.41 KB)
SJayaraman Workshop Paper 10May13.pdf (317.41 KB)
Contact: Debbie Hughes - Email: dhughes@london.edu Tel: +44 (0)20 7000 8120
