The Association between Legal Regime and the Value-Relevance of Accounting Information: A Japan-U.K. Comparison

• Main Author: Kang, Tony
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2003
• Subjects: Accounting; Business Law, Public Responsibility, and Ethics; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/266; http://dx.doi.org/10.1016/j.intaccaudtax.2003.08.004
• Institution: Singapore Management University

Prior research has shown that there is an association between the legal regime of a firm’s country of domicile and the value-relevance of its accounting information. However, it is still unclear whether it is the difference in the properties of accounting information (the supply effect), or alternat...