Did the Adoption of IFRS Encourage Cross-Border Investment?

doi:10.2139/ssrn.1686571

Paper

Did the Adoption of IFRS Encourage Cross-Border Investment?

Published Oct 5, 2010 · Gladys Lee, N. Fargher

International Accounting eJournal

UNKNOWN SJR score

24

Citations

2

Influential Citations

Full textSemantic Scholar

Abstract

Proponents of International Financial Reporting Standards (IFRS) claimed that the adoption of IFRS would lead to more efficient capital allocation through greater cross-border investment. This study examines whether the adoption of IFRS is associated with an increase in the level of investment in foreign equities held by Australian investors. The results show that the adoption of IFRS is associated with greater cross-border equity investment. The results are consistent with investors benefitting from a reduction in information asymmetry through an increase in the comparability of financial reports.

Study Snapshot

Adoption of IFRS is associated with increased cross-border equity investment by Australian investors, due to reduced information asymmetry and improved comparability of financial reports.

PopulationOlder adults (50-71 years)

Sample size24

MethodsObservational

OutcomesBody Mass Index projections

ResultsSocial networks mitigate obesity in older groups.

Sign up to use Study Snapshot

Consensus is limited without an account. Create an account or sign in to get more searches and use the Study Snapshot.

Create an account

Did the Adoption of IFRS Encourage Cross-Border Investment?

Sign up to use Study Snapshot

References

Citations