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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Review of Accounting...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
Review of Accounting Studies
Article . 2007 . Peer-reviewed
License: Springer TDM
Data sources: Crossref
SSRN Electronic Journal
Article . 2004 . Peer-reviewed
Data sources: Crossref
https://dx.doi.org/10.1007/s11...
Article
Data sources: Microsoft Academic Graph
https://dx.doi.org/10.2139/ssr...
Other literature type
Data sources: Microsoft Academic Graph
The Hong Kong University of Science and Technology: HKUST Institutional Repository
Article . 2007
Data sources: Bielefeld Academic Search Engine (BASE)
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Financial Statement Effects of Adopting International Accounting Standards: the Case of Germany

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2004 China (People's Republic of) English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068, Copyright policy )
Authors: Hung, Ming Yi; Subramanyam, K.R.;

doi: 10.2139/ssrn.622921 , 10.1007/s11142-007-9049-9

Financial Statement Effects of Adopting International Accounting Standards: the Case of Germany

Abstract

Using a sample of German firms, we investigate the financial statement effects of adopting International Accounting Standards (IAS) during 1998 through 2002. We find that total assets and book value of equity, as well as variability of book value and income, are significantly higher under IAS than under German GAAP (HGB). In addition, book value and income are no more value relevant under IAS than under HGB, and HGB (IAS) income is highly persistent (transitory). Finally, we find weak evidence that IAS income exhibits greater conditional conservatism than HGB income. Our results are consistent with the fair-value (income smoothing) orientation of IAS (HGB).

Country
China (People's Republic of)
Related Organizations
Keywords

Germany, Fair-value accounting, International accounting standards

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
459
Top 1%
Top 1%
Top 10%
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