| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7415177 | The International Journal of Accounting | 2018 | 25 Pages |
Abstract
Based on a sample of approximately 6500 credit ratings and 137,000 loan contracts, this paper analyzes the effects of mandatory IFRS adoption on the Brazilian credit market. We find that the IFRS adoption effects were limited to firms displaying improved accounting information quality at the time of transition, lending support to the notion that economic benefits do not necessarily flow from the publication of financial reports in IFRS but, rather, depend on how earnestly firms adopt the recommended disclosure practices.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
VinÃcius Simmer de Lima, Gerlando Augusto Sampaio Franco de Lima, Giorgio Gotti,