publication . Bachelor thesis . 2011

Mandatory Adoption of IFRS: It´s Effect on Accounting Quality, Information Environment and Cost of Equity Capital – The Case of Swedish Banks

Gautam, Rekha;
Open Access English
  • Published: 01 Jan 2011
  • Publisher: Karlstads universitet, Fakulteten för ekonomi, kommunikation och IT
  • Country: Sweden
IFRS standards are getting acceptance day by day rapidly in all over the world. It is because IFRSs are the global and common language, which are more transparent and comparable for the investors and users residing in different nations. IFRSs are mandatory for all companies listed in capital market within EU from the beginning of 2005. As a member state of EU, Swedish banks also adopted mandatory IFRS from 1 January 2005. However, the banks were already implementing IFRS to some extent as most of the standards in SGAAP (Swedish Generally Accepted Accounting Principles) were already directly translated from IAS. After mandatory period, the banks adopted all new, ...
free text keywords: IFRS, EU, SGAAP, accounting quality, information asymmetry, cost of capital/cost of equity capital, Business and economics, Ekonomi
Related Organizations
37 references, page 1 of 3

Bebbington, J., and Song, E. (2003). The Adoption of IFRS in the EU and New Zealand: A Preliminary Report. National Centre for Research in Europe, 1-119.

Beuselinck, C., Joos, P., Khurana, I.K., and Meulen, S.V.d. (2010). Mandatory Adoption of IFRS and Analysts' Forecasts Information Properties. [Online], 1-51. Available: [2011-02-10] [OpenAIRE]

Blake, J., Akerfeldt, K., Fortes, H.J., and Gowthorpe, C. (1997). The relationship between tax and accounting rules - the Swedish case. European Business Review, 97(2), 85-91. [OpenAIRE]

Blake, J., Fortes, H., Gowthorpe, C., and Paanenz, M. (1999). Implementing the EU Accounting Directives in Sweden - Practitioners' Views. The International Journal of Accounting, 34(3), 421-438. [OpenAIRE]

Botosan, C. (1997). Disclosure level and the cost of equity capital. The Accounting Review, 72 (3): 323-349.

Bova, F. (2008). The Determinants and Consequences of Higher IFRS compliance Following Mandatory IFRS adoption in Emerging Market, [Online], 1-43. Available: [2011-01-27]

Bova, F., and Pereira, R. (2010). The Determinants and Consequences of Heterogeneous IFRS Compliance Levels Following Mandatory IFRS Adoption: Evidence from a Developing Country, [Online], 1-41. Available: [2011-02-01]

Bryman, A., and Bell, E. (2007). Business Research Methods. 2nd edition. New York, USA: Oxford University Press 2007.

Chen, H., Tang, Q., Jiang, Y., and Lin, Z. (2010). The Role of International Financial Reporting Standards in Accounting Quality: Evidence from the European Union. Journal of International Financial Management & Accounting, 21(3), 1-57.

Choi, F.D.S., and Meek, G. (2005). International Accounting. 5th edition, Prentice-Hall.

Colosi, L. (1997). The Layman's Guide to Social Research Methods. [Electronic]. Available: [2011-03- 10].

Commissions of the European Committees (2002). Directive of the European Parliament and the Council, [Online], 1-64. Available: [2011-01-25] [2011-02-01]

Cuijpers, R., and Buijink, W. (2004). Voluntary adoption of non-local GAAP in the European Union: a study of determinants and consequences, [Online], 1-52. Available: [2010-02- 01]

Daske, H., Hail, L., Leuz, C., and Verdi, R. (2008). Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences. Journal of Accounting Research, 46(5), 1085-1142. [OpenAIRE]

37 references, page 1 of 3
Powered by OpenAIRE Research Graph
Any information missing or wrong?Report an Issue