The effects of the international financial reporting standards (ifrs) adoption on earnings quality: Evidence from korea
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Yuk, J.H. | - |
dc.contributor.author | Leem, W.B. | - |
dc.date.available | 2019-03-08T11:38:52Z | - |
dc.date.issued | 2017 | - |
dc.identifier.issn | 1810-4967 | - |
dc.identifier.issn | 1812-9358 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/cau/handle/2019.sw.cau/6150 | - |
dc.description.abstract | This study investigates whether earnings quality of Korean listed firms was substantially improved after the IFRS adoption in long-term aspect and which firms listed in KOSPI or KOSDAQ market had been more enjoyed the benefit. Prior studies related to this subject don't provide consistent results and have a limitation of insufficiency of research periods. Therefore, this study analyzes the positive effect of the IFRS adoption in Korea using long-term based approach and comparative analysis on each Korean stock market. Furthermore, this study considered Korean specific institutional environment in which main financial statements prepared and disclosed by listed firms were changed from individual financial statements to consolidated financial statements after the IFRS adoption. Results of the study found that earnings quality of Korean listed firms had been significantly improved during 5 years after the IFRS adoption. In addition, earnings quality on consolidated financial statements of KOSDAQ listed firms has improved more than that of KOSPI listed firms. The results provide meaningful implications to evaluate the effects of IFRS adoption on earnings quality and to assess accomplishment of fundamental purpose of the IFRS adoption in Korea. © The author(s) 2017. | - |
dc.format.extent | 8 | - |
dc.language | 영어 | - |
dc.language.iso | ENG | - |
dc.publisher | LLC CPC Business Perspectives | - |
dc.title | The effects of the international financial reporting standards (ifrs) adoption on earnings quality: Evidence from korea | - |
dc.type | Article | - |
dc.identifier.doi | 10.21511/imfi.14(3-1).2017.08 | - |
dc.identifier.bibliographicCitation | Investment Management and Financial Innovations, v.14, no.3, pp 243 - 250 | - |
dc.description.isOpenAccess | N | - |
dc.identifier.scopusid | 2-s2.0-85037865298 | - |
dc.citation.endPage | 250 | - |
dc.citation.number | 3 | - |
dc.citation.startPage | 243 | - |
dc.citation.title | Investment Management and Financial Innovations | - |
dc.citation.volume | 14 | - |
dc.type.docType | Article | - |
dc.publisher.location | 우크라이나 | - |
dc.subject.keywordAuthor | Earnings quality | - |
dc.subject.keywordAuthor | IFRS | - |
dc.subject.keywordAuthor | KOSDAQ | - |
dc.subject.keywordAuthor | KOSPI | - |
dc.subject.keywordAuthor | Modified Jones model | - |
dc.subject.keywordAuthor | Performance-matched discretionary accruals model | - |
dc.description.journalRegisteredClass | scopus | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
84, Heukseok-ro, Dongjak-gu, Seoul, Republic of Korea (06974)02-820-6194
COPYRIGHT 2019 Chung-Ang University All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.