0000000000291212

AUTHOR

Miguel Arce

showing 3 related works from this author

Empirical evidence of the effect of European accounting differences on the stock market valuation of earnings and book value

2002

Recently, a new dimension has been added to research in accounting harmonization by studying the effects of accounting practices and regulations on share price and return movements. Although there is an agreement of mutual recognition in the European stock markets of financial statements adapted to the directives, the differences between the European countries are still great. The objective of this study is to investigate the value relevance of alternative accounting measures (earnings and book value) constructed under different accounting systems in Europe. We investigate the differences in accounting practices through the relationship between earnings and book value, and the stock market …

Earnings response coefficientEconomics and Econometricsmedicine.medical_specialtyMark-to-market accountingEarnings per sharebusiness.industryEconomics Econometrics and Finance (miscellaneous)Enterprise valueAccountingRestricted stockPositive accountingAccountingFair valueAccounting information systemEconomicsmedicineBusiness Management and Accounting (miscellaneous)Business and International ManagementbusinessFinanceEuropean Accounting Review
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Lobbying on Accounting Standards: Evidence from IFRS 2 on Share-Based Payments

2012

Lobbying is an essential part of the International Accounting Standards Board (IASB) standard-setting process. There is still much to learn, however, about key aspects of the roles played and arguments employed by various constituents when lobbying practices do occur. This paper focuses on the regulation of share-based payments. As these transactions were under-regulated before International Financial Reporting Standard (IFRS) 2, we expect that the strong debate that occurred during the 1990s resulted in conflicting opinions when this standard was under discussion. To analyse lobbying behaviour and assess its influence on the IASB's decision-making, we conducted a content analysis of 539 le…

Economics and EconometricsInternational accountingbusiness.industrymedia_common.quotation_subjectEconomics Econometrics and Finance (miscellaneous)AccountingPaymentContent analysisAccountingEconomicsBusiness Management and Accounting (miscellaneous)Business and International ManagementbusinessFinanceActive groupmedia_commonEuropean Accounting Review
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National Standard-Setters’ Lobbying: An Analysis of its Role in the IFRS 2 Due Process

2014

As the IASB’s due process sustains, the national standard-setters play a key role in the development of IFRS. There is still much to learn, however, about their lobbying practices, which arguments they use and when they do it. This chapter focuses on the accounting of share-based payments that were under-regulated before IFRS 2. To analyze lobbying behavior of this relevant group of stakeholders, we conduct a content analysis of the 27 comment letters addressing the documents issued by the G4+1 and the IASB that preceded IFRS 2. Consistent with institutional theory, our analysis of lobbying activity by national standard-setters shows that participation increased at the end of the process, a…

business.industryContent analysisProcess (engineering)media_common.quotation_subjectStock optionsAccountingNational standardInstitutional theorybusinessPaymentmedia_common
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