Does IFRS drive information asymmetry reduction? Evidence from Asean-6 countries

• Main Authors: Yousefi Nejad, Maryam, Azlina Ahmad, Ruzita Abdul Rahim, Fairuz Md Salleh
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2020
• Online Access: http://journalarticle.ukm.my/16738/1/43966-141159-1-SM.pdf; http://journalarticle.ukm.my/16738/; https://ejournal.ukm.my/ajac/issue/view/1350
• Institution: Universiti Kebangsaan Malaysia

International Financial Reporting Standard (IFRS) is globally accepted as a high-quality reporting standard. Countries implement IFRS because they believe that more disclosure leads to agency costs reduction and may result in adverse selection costs or information asymmetry reduction. However, studi...