Match!

Effects of the Adoption of IFRS on the Credit Market: Evidence from Brazil

Published on Jun 1, 2018in The International Journal of Accounting
· DOI :10.1016/j.intacc.2018.04.001
Vinícius Simmer de Lima1
Estimated H-index: 1
(USP: University of São Paulo),
Gerlando Augusto Sampaio Franco de Lima8
Estimated H-index: 8
(UIUC: University of Illinois at Urbana–Champaign),
Giorgio Gotti6
Estimated H-index: 6
(UTEP: University of Texas at El Paso)
Abstract
Based on a sample of approximately 6500 credit ratings and 137,000 loan contracts, this paper analyzes the effects of mandatory IFRS adoption on the Brazilian credit market. We find that the IFRS adoption effects were limited to firms displaying improved accounting information quality at the time of transition, lending support to the notion that economic benefits do not necessarily flow from the publication of financial reports in IFRS but, rather, depend on how earnestly firms adopt the recommended disclosure practices.
  • References (68)
  • Citations (1)
References68
Newest
#1José Elias Feres de Almeida (UFES: Universidade Federal do Espírito Santo)H-Index: 7
#2Herbert Simões Rodrigues (UFES: Universidade Federal do Espírito Santo)H-Index: 1
2 CitationsSource
1 CitationsSource
#1Annita Florou ('KCL': King's College London)H-Index: 8
#2Urska Kosi (WU: Vienna University of Economics and Business)H-Index: 5
42 CitationsSource
#1Ray BallH-Index: 43
#2Xi LiH-Index: 7
Last.Lakshmanan ShivakumarH-Index: 27
view all 3 authors...
43 CitationsSource
#1Ray Ball (U of C: University of Chicago)H-Index: 43
#2Xi Li (TU: Temple University)H-Index: 7
Last.Lakshmanan Shivakumar (LBS: London Business School)H-Index: 27
view all 3 authors...
56 CitationsSource
5 CitationsSource
24 CitationsSource
#1Francois Brochet (Harvard University)H-Index: 10
#2Alan D. Jagolinzer (CU: University of Colorado Boulder)H-Index: 9
Last.Edward J. Riedl (BU: Boston University)H-Index: 15
view all 3 authors...
117 CitationsSource
#2Audrey Wen-hsin Hsu (University of Manchester)H-Index: 1
Last.Edward LeeH-Index: 17
view all 3 authors...
14 CitationsSource
#1Holger Daske (UMA: University of Mannheim)H-Index: 12
#2Luzi Hail (UPenn: University of Pennsylvania)H-Index: 20
Last.Rodrigo S. Verdi (MIT: Massachusetts Institute of Technology)H-Index: 18
view all 4 authors...
259 CitationsSource
Cited By1
Newest
Source