Impact of IFRS: evidence from Spanish listed companies

Mariano González (University CEU Cardenal Herrera, Alfara del Patriarca, Spain)
Juan M. Nave (University of Castilla – La Mancha, Cuenca, Spain)
David Toscano (University of Huelva, Huelva, Spain)

International Journal of Accounting & Information Management

ISSN: 1834-7649

Publication date: 29 April 2014

Abstract

Purpose

In this paper, the authors aim to analyze the impact of International Financial Reporting Standards' (IFRS) mandatory adoption on the financial statements of Spanish listed companies.

Design/methodology/approach

The authors estimate a panel data model by generalized least squares' within-between in order to contrast the possible structural breaks in the relations between income statement items and balance sheet items, using data from the 35 largest listed companies.

Findings

The results show significant changes on these relations, but with different signs and degrees of intensity depending on the balance sheet item analyzed.

Research limitations/implications

The data choice introduces a size bias that could be taken into account in the generalization of the results to other listed companies.

Originality/value

This work is developed using a mandatory, local, accounting and panel data framework for first time using Spanish listed companies in order to measure the impact of the IFRS adoption.

Keywords

Citation

González, M., M. Nave, J. and Toscano, D. (2014), "Impact of IFRS: evidence from Spanish listed companies", International Journal of Accounting & Information Management, Vol. 22 No. 2, pp. 157-172. https://doi.org/10.1108/IJAIM-03-2014-0016

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.
To rent this content from Deepdyve, please click the button.