References
- Abbott , L. J. , Parker , S. and Peters , G. F. 2004 . Audit committee characteristics and restatements . Auditing: A Journal of Practice and Theory , 23 ( 1 ) : 69 – 87 . (doi:10.2308/aud.2004.23.1.69)
- Aguilera , R. V. , Filatotchev , I. , Gospel , H. and Jackson , G. 2008 . An organizational approach to comparative corporate governance: costs, contingencies and complementarities . Organization Science , 19 ( 3 ) : 475 – 492 . (doi:10.1287/orsc.1070.0322)
- Ahmed , A. S. and Duellman , S. 2007 . Accounting conservatism and board of directors' characteristics: an empirical analysis . Journal of Accounting and Economics , 43 : 411 – 437 . (doi:10.1016/j.jacceco.2007.01.005)
- Avallone , F. and Quagli , A. 2008 . “ Fair value or cost model? Drivers of choice for IAS 40 in real estate industry ” . Available at SSRN: http://ssrn.com/abstract=1262205
- Ball , R. 2001 . “ Infrastructure requirements for an economically efficient system of public financial reporting and disclosure ” . In Brookings-Wharton Papers on Financial Services 127 – 169 .
- Ball , R. and Shivakumar , L. 2005 . Earnings quality in UK private firms: comparative loss recognition timeliness . Journal of Accounting and Economics , 39 : 83 – 128 . (doi:10.1016/j.jacceco.2004.04.001)
- Ball , R. , Robin , A. and Wu , J. 2003 . Incentives versus standards: properties of accounting income in four East Asian countries . Journal of Accounting and Economics , 36 : 235 – 271 . (doi:10.1016/j.jacceco.2003.10.003)
- Basu , S. 1997 . The conservatism principle and the asymmetric timeliness of earnings . Journal of Accounting and Economics , 24 : 3 – 37 . (doi:10.1016/S0165-4101(97)00014-1)
- Bauer , R. , Günster , N. and Otten , R. 2004 . Empirical evidence on corporate governance in Europe: the effect on stock returns, firm value, and performance . Journal of Asset Management , 5 : 91 – 104 . (doi:10.1057/palgrave.jam.2240131)
- Beasley , M. 1996 . An empirical analysis of the relation between the board of director composition and financial statement fraud . The Accounting Review , 71 : 443 – 465 .
- Bozec , R. 2007 . US market integration and corporate governance practices: evidence from Canadian companies . Corporate Governance: An International Review , 15 : 535 – 545 . (doi:10.1111/j.1467-8683.2007.00586.x)
- Burgstahler , D. , Hail , L. and Leuz , C. 2006 . The importance of reporting incentives: earnings management in European private and public firms . The Accounting Review , 81 : 983 – 1017 . (doi:10.2308/accr.2006.81.5.983)
- Byard , D. , Li , Y. and Yu , Y. 2011 . The effect of mandatory IFRS adoption on financial analysts' information environment . Journal of Accounting Research , 49 : 69 – 96 . (doi:10.1111/j.1475-679X.2010.00390.x)
- Carcello , J. V. , Hollingsworth , C. W. , Klein , A. and Neal , T. L. 2006 . “ Audit committee financial expertise, competing corporate governance mechanisms, and earnings management ” . Available at SSRN: http://ssrn.com/abstract=887512
- Carcello , J. V. , Neal , T. L. , Palmrose , Z.-V. and Scholz , S. 2011 . CEO involvement in selecting board members, audit committee effectiveness, and restatements . Contemporary Accounting Research , 28 ( 2 ) : 396 – 430 . (doi:10.1111/j.1911-3846.2010.01052.x)
- Cerbioni , F. and Parbonetti , A. 2007 . Corporate governance and intellectual capital disclosure: an analysis of European biotechnology companies . European Accounting Review , 16 : 791 – 826 . (doi:10.1080/09638180701707011)
- Christensen , H. B. and Nikolaev , V. 2009 . “ Who uses fair-value accounting for non-financial assets after IFRS adoption? ” . Chicago Booth School of Business Research Paper No. 09-12. Available at SSRN: http://ssrn.com/abstract=1269515
- Christensen , H. B. , Lee , E. and Walker , M. 2009 . Do IFRS reconciliations convey information? The effect of debt contracting . Journal of Accounting Research , 47 : 1167 – 1199 . (doi:10.1111/j.1475-679X.2009.00345.x)
- Daske , H. 2006 . Economic benefits of adopting IFRS or US-GAAP – have the expected costs of equity capital really decreased? . Journal of Business Finance and Accounting , 33 : 329 – 373 . (doi:10.1111/j.1468-5957.2006.00611.x)
- Daske , H. , Hail , L. , Leuz , C. and Verdi , R. 2008 . Mandatory IFRS reporting around the world: early evidence on the economic consequences . Journal of Accounting Research , 46 : 1085 – 1142 .
- Davila , A. and Penalva , F. 2006 . Governance structure and the weighting of performance measures in CEO compensation . Review of Accounting Studies , 11 : 463 – 493 . (doi:10.1007/s11142-006-9018-8)
- Ding , Y. , Hope , O. K. , Jeanjean , T. and Stolowy , H. 2007 . Differences between domestic accounting standards and IAS: measurement, determinants and implications . Journal of Accounting and Public Policy , 26 : 1 – 38 . (doi:10.1016/j.jaccpubpol.2006.11.001)
- Doidge , C. , Karolyi , A. and Stulz , R. 2004 . Why are foreign firms listed in the U.S. worth more? . Journal of Financial Economics , 71 : 205 – 238 . (doi:10.1016/S0304-405X(03)00183-1)
- Doidge , C. , Karolyi , G. , Lins , K. , Miller , D. and Stulz , R. 2005 . Private benefits of control, ownership and the cross-listing decision, ECGI Working Paper in Finance No. 77/2005
- Faccio , M. , Lang , L. and Young , L. 2001 . Dividends and expropriation . American Economic Review , 91 : 54 – 78 . (doi:10.1257/aer.91.1.54)
- Fama , E. and Jensen , M. C. 1983 . Separation of ownership and control . Journal of Law and Economics , 26 : 301 – 325 . (doi:10.1086/467037)
- Fan , J. and Wong , T. 2002 . Corporate ownership structure and the informativeness of accounting earnings in East Asia . Journal of Accounting and Economics , 33 : 401 – 426 . (doi:10.1016/S0165-4101(02)00047-2)
- Federowicz , M. and Aguilera , R. V. 2003 . Corporate Governance in a Changing Economic and Political Environment. Trajectories of Institutional Change , Edited by: Federowicz , M. and Aguilera , R. V. New York : Palgrave Macmillan .
- Filatotchev , I. and Boyd , B. 2009 . Taking stock of corporate governance research while looking to the future . Corporate Governance: An International Review , 17 : 257 – 265 . (doi:10.1111/j.1467-8683.2009.00748.x)
- Florou , A. and Galarniotis , A. 2007 . Benchmarking Greek corporate governance against different standards . Corporate Governance: An International Review , 15 : 979 – 998 . (doi:10.1111/j.1467-8683.2007.00614.x)
- Garcia Lara , J. M. , Garcia Osma , B. and Penalva , F. 2007 . Board of directors' characteristics and conditional accounting conservatism: Spanish evidence . European Accounting Review , 16 : 727 – 755 . (doi:10.1080/09638180701706922)
- Garcia-Meca , E. and Sanchez-Ballesta , J. P. 2010 . The association of board independence and ownership concentration with voluntary disclosure: a meta-analysis . European Accounting Review , 19 : 603 – 627 . (doi:10.1080/09638180.2010.496979)
- Goh , B. , Ng , J. and Yong , K. 2009 . Market pricing of banks' fair value assets reported under SFAS 157 during the 2008 economic crisis, Working Paper, Singapore Management University
- Gompers , P. , Ishii , J. and Metrick , A. 2003 . Corporate governance and equity prices . Quarterly Journal of Economics , 118 : 107 – 155 . (doi:10.1162/00335530360535162)
- Goodwin , J. , Karman , A. and Heanly , R. 2009 . Corporate governance and the prediction of the impact of AIFRS adoption . Abacus , 45 : 124 – 145 . (doi:10.1111/j.1467-6281.2008.00271.x)
- Gospel , H. F. and Pendleton , A. 2005 . Corporate Governance and Labour Management: An International Comparison , Oxford : Oxford University Press .
- Holland , J. 2005 . A grounded theory of corporate disclosure . Accounting and Business Research , 35 : 249 – 267 . (doi:10.1080/00014788.2005.9729990)
- Karamanou , I. and Vafeas , N. 2005 . The association between corporate boards, audit committees and management earnings forecasts: an empirical analysis . Journal of Accounting Research , 43 : 453 – 486 . (doi:10.1111/j.1475-679X.2005.00177.x)
- Klein , A. 2002 . Audit committee, board of director characteristics and earnings management . Journal of Accounting and Economics , 33 : 375 – 400 . (doi:10.1016/S0165-4101(02)00059-9)
- Kolev , K. 2009 . “ Do investors perceive marking-to-model as marking-to-myth? ” . Early evidence from FAS 157 disclosure. Available at SSRN: http://ssrn.com/abstract=1336368
- La Porta , R. , Lopez-De-Silanes , F. , Shleifer , A. and Vishny , R. 2000 . Investor protection and corporate governance . Journal of Financial Economics , 58 : 3 – 27 . (doi:10.1016/S0304-405X(00)00065-9)
- La Porta , R. , Lopez-De-Silanes , F. and Shleifer , A. 2006 . What works in securities laws? . Journal of Finance , 61 : 1 – 32 . (doi:10.1111/j.1540-6261.2006.00828.x)
- Larcker , D. , Richardson , S. and Tuna , I. 2007 . Corporate governance, accounting outcomes, and organizational performance . The Accounting Review , 82 : 963 – 1008 . (doi:10.2308/accr.2007.82.4.963)
- Li , S. 2010 . Does the mandatory adoption of IFRS in the European Union reduce the cost of equity capital? . The Accounting Review , 85 : 607 – 636 . (doi:10.2308/accr.2010.85.2.607)
- Muller , K. A. , Riedl , E. J. and Sellhorn , T. 2009 . “ Consequences of voluntary and mandatory fair value accounting: evidence from the European real estate industry ” . Available at SSRN: http://ssrn.com/abstract=1244662
- Nobes , C. 2001 . GAAP 2001 – a survey of national accounting rules benchmarked against International Accounting Standards, IFAD
- Orpurt , S. F. and Zang , Y. 2009 . Do direct cash flow disclosures help predict future operating cash flows and earnings? . The Accounting Review , 84 : 893 – 935 . (doi:10.2308/accr.2009.84.3.893)
- Pae , J. , Thornton , D. and Welker , M. 2008 . Agency cost reduction associated with EU financial reporting reform . Journal of International Accounting Research , 7 ( 1 ) : 51 – 75 . (doi:10.2308/jiar.2008.7.1.51)
- Raffournier , B. 1995 . The determinants of voluntary financial disclosure by Swiss listed companies . European Accounting Review , 4 : 261 – 280 . (doi:10.1080/09638189500000016)
- Renders , A. , Gaeremynck , A. and Sercu , P. 2010 . Corporate-governance ratings and company performance: a cross-European study . Corporate Governance: An International Review , 18 : 87 – 106 . (doi:10.1111/j.1467-8683.2010.00791.x)
- Shleifer, A. and Vishny R. W. (1986) Large shareholders and corporate control, Journal of Political Economy, 3, pp. 461–488.
- Shleifer , A. and Vishny , R. 1997 . A survey of corporate governance . Journal of Finance , 52 : 737 – 783 . (doi:10.1111/j.1540-6261.1997.tb04820.x)
- Song , C. J. , Thomas , W. B. and Li , H. 2010 . Value relevance of FAS 157 fair value hierarchy information and the impact of corporate governance mechanisms . The Accounting Review , 85 ( 4 ) : 1375 – 1410 . (doi:10.2308/accr.2010.85.4.1375)
- Thomsen , S. , Pedersen , T. and Kvist , H. K. 2006 . Blockholder ownership: effects on firm value in market and control based governance systems . Journal of Corporate Finance , 12 : 246 – 269 . (doi:10.1016/j.jcorpfin.2005.03.001)
- Vafeas , N. 2005 . Audit committees, boards, and the quality of reported earnings . Contemporary Accounting Research , 22 : 1093 – 1122 . (doi:10.1506/1QYN-2RFQ-FKYX-XP84)
- Vander Bauwhede , H. and Willekens , M. 2008 . Disclosure on corporate governance in the European Union . Corporate Governance: An International Review , 16 : 101 – 115 . (doi:10.1111/j.1467-8683.2008.00671.x)
- Wang , S. and Welker , M. 2011 . Timing equity issuance in response to IFRS adoption in Australia and the European Union . Journal of Accounting Research , 49 : 257 – 307 . (doi:10.1111/j.1475-679X.2010.00392.x)
- Watts , R. 2003 . Conservatism in accounting Part I: explanations and implications . Accounting Horizons , 17 : 207 – 221 . (doi:10.2308/acch.2003.17.3.207)