Mandatory Financial Reporting and Voluntary Disclosure: The Effect of Mandatory IFRS Adoption on Management Forecasts

• Main Authors: LI, Xi, YANG, Holly I.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: voluntary disclosure; IFRS; management forecasts; legal regime; capital-market demand; Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1458; https://ink.library.smu.edu.sg/context/soa_research/article/2457/viewcontent/MandatoryFinancialReportingEnvironmentVoluntaryDisclosure_2015_afv.pdf
• Institution: Singapore Management University

This study examines the effect of the mandatory adoption of International Financial Reporting Standards (IFRS) on voluntary disclosure. Using a difference-in-difference analysis, we document a significant increase in the likelihood and frequency of management earnings forecasts following mandatory I...