Hail, Procrustes! Harmonized accounting standards as a Procrustean bed

J. Stecher, J.P.M. Suijs

Research output: Contribution to journalArticleScientificpeer-review

Abstract

This article finds that the use of a harmonized accounting standard, such as the International Financial Reporting Standards, increases the information available to markets only if institutional differences across countries using the harmonized standard are insignificant. In all other cases, harmonization of reporting standards destroys information rather than increasing it. This article also contributes to methodology, introducing techniques for studying nonpartitional information structures.
Original languageEnglish
Pages (from-to)341-355
JournalJournal of Accounting and Public Policy
Volume31
Issue number4
Early online date14 Jul 2012
DOIs
Publication statusPublished - 2012

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harmonization
available information
Accounting standards
methodology
market
Harmonization
Methodology
International Financial Reporting Standards
Information structure
Institutional differences

Cite this

Stecher, J. ; Suijs, J.P.M. / Hail, Procrustes! Harmonized accounting standards as a Procrustean bed. In: Journal of Accounting and Public Policy. 2012 ; Vol. 31, No. 4. pp. 341-355.
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Hail, Procrustes! Harmonized accounting standards as a Procrustean bed. / Stecher, J.; Suijs, J.P.M.

In: Journal of Accounting and Public Policy, Vol. 31, No. 4, 2012, p. 341-355.

Research output: Contribution to journalArticleScientificpeer-review

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