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
Abstract
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, ...
Subjects
free text keywords: IFRS, EU, SGAAP, accounting quality, information asymmetry, cost of capital/cost of equity capital, Business and economics, Ekonomi
Related Organizations
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