Effects of the Adoption of IFRS on the Credit Market: Evidence from Brazil

被引：14

作者：

de Lima, Vinicius Simmer ^{[1
]}

de Lima, Gerlando Augusto Sampaio Franco ^{[2
]}

Gotti, Giorgio ^{[3
]}

机构：

[1] Univ Sao Paulo, FEA, Av Prof Luciano Gualberto,908,Cidade Univ, BR-05508010 Sao Paulo, SP, Brazil

[2] Univ Illinois, 86 Wohlers Hall,1206 South Sixth St, Champaign, IL 61820 USA

[3] Univ Texas El Paso, 500 West Univ Ave, El Paso, TX 79968 USA

来源：

INTERNATIONAL JOURNAL OF ACCOUNTING | 2018年 / 53卷 / 02期

关键词：

IFRS; Credit market; Accounting information quality;

D O I：

10.1016/j.intacc.2018.04.001

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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.

引用

页码：77 / 101

页数：25

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