Consolidated financial reporting and the effect of mandatory IFRS adoption on the information content of earnings announcements: evidence from Korea
- Title
- Consolidated financial reporting and the effect of mandatory IFRS adoption on the information content of earnings announcements: evidence from Korea
- Author
- 정석윤
- Keywords
- consolidated reporting; earnings announcement; IFRS adoption; IFRS reconciliation; information content
- Issue Date
- 2021-11
- Publisher
- Routledge
- Citation
- Asia-Pacific Journal of Accounting and Economics, v. 28, NO. 6, Page. 674-695
- Abstract
- We examine the effect of mandatory IFRS adoption on the information content of earnings announcement in Korea, and its main driving factors. We find an increase in earnings information content with IFRS adoption; however, this increase is only weakly associated with the IFRS reconciliation adjustment, as a proxy for accounting rule differences. In contrast, we observe a strong association between the availability of consolidated financial statements and the increase in information content. Collectively, our analysis contributes to understanding the source of the IFRS effect, by providing new evidence of the crucial role of disclosure policy changes in consolidated reporting.
- URI
- https://www.tandfonline.com/doi/full/10.1080/16081625.2018.1517601https://repository.hanyang.ac.kr/handle/20.500.11754/176396
- ISSN
- 1608-1625;2164-225
- DOI
- 10.1080/16081625.2018.1517601
- Appears in Collections:
- COLLEGE OF BUSINESS[S](경영대학) > BUSINESS ADMINISTRATION(경영학부) > Articles
- Files in This Item:
There are no files associated with this item.
- Export
- RIS (EndNote)
- XLS (Excel)
- XML