6533b85cfe1ef96bd12bd275

RESEARCH PRODUCT

IFRS Adoption and Unconditional Conservatism: An Accruals-Based Analysis

David ToscanoDavid ToscanoOlga FullanaMariano Gonzalez-sanchez

subject

Measure (data warehouse)AccrualEconometricsEconomicsContext (language use)ConservatismInternational Financial Reporting StandardsPanel data

description

This paper finds its motivation in the lack of robust results in the literature that analyse the effect on unconditional conservatism of the mandatory adoption of International Financial Reporting Standards (IFRS) by the Spanish listed companies. We provide new evidence by using, for the first time in this context, a non-market-based measure of unconditional conservatism: the accruals-based measure proposed by Givoly and Hayn (2000). We use econometric panel data techniques applied to a panel of 96 non-financial firms and 10 years. The results show evidence that support a significant reduction of the unconditional conservatism of Spanish listed companies due to the adoption of IFRS.

yearjournalcountryeditionlanguage
2020-01-01SSRN Electronic Journal
https://doi.org/10.2139/ssrn.3141625