Mandatory IFRS Reporting and Stock Price Informativeness
van der Meulen, S.
- Publisher: Accounting
IFRS; mandatory adoption; stock return synchronicity; information environment | IFRS;mandatory adoption;stock return synchronicity;information environment
In this paper, we examine whether mandatory adoption of IFRS influences the flow of firm-specific information and contributes to stock price informativeness as measured by stock return synchronicity. Using a constant sample of 1,904 mandatory IFRS adopters in 14 EU coun...