The introduction of International Accounting Standards in Europe: Implications for international convergence

References

• American Accounting Association . Financial Accounting Standards Committee response to IASC discussion paper . Shaping IASC for the Future, Accounting Horizons , Vol. 13 , pp. 443 – 452 .
   Google Scholar
• Baker , Botts LLP . Report to the Board of Directors of The Federal Home Loan Mortgage Corporation: Internal Investigation of Certain Accounting Matters December 10, 2002–July 21, 2003 ,
   Google Scholar
• 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 – 270 .
   Web of Science ®Google Scholar
• Basu , S. 1997 . The conservatism principle and the asymmetric timeliness of earnings . Journal of Accounting and Economics , 24 : 3 – 37 .
   Web of Science ®Google Scholar
• Dechow , P. and Dichev , I. 2002 . The quality of accruals and earnings: the role of accruals estimation error . The Accounting Review , 77 : 35 – 59 . (suppl.)
   Web of Science ®Google Scholar
• European , Central Bank . 2004 . The impact of fair value accounting on the European banking sector – a financial stability perspective . European Central Bank Monthly Bulletin , February : 69 – 81 .
   Google Scholar
• Fan , J. and Wong , T. J. 2002 . Corporate ownership structure and the informativeness of accounting earnings in East Asia . Journal of Accounting and Economics , 33 : 401 – 425 .
   Web of Science ®Google Scholar
• Fédération des Experts Comptables Européens . 2001 . Enforcement Mechanisms in Europe: A Preliminary Investigation of Oversight Systems Available at: http://mail.fee.be/website/fee_publication
   Google Scholar
• Fédération des Experts Comptables Européens . 2003 . European Enforcement Coordination Available at: http://mail.fee.be/website/fee_publication
   Google Scholar
• Francis , J. , Schipper , K. and Vincent , L. 2005 . Earnings and dividend informativeness when cash flow rights are separated from voting rights . Journal of Accounting and Economics , forthcoming 2005
   Web of Science ®Google Scholar
• Francis , J. , LaFond , R. , Olsson , P. and Schipper , K. 2004 . Costs of equity and earnings attributes . The Accounting Review , 78 : pp. 967 – 1010 .
   Web of Science ®Google Scholar
• Greenspan , A. Chicago , Illinois . Remarks at the 2003 Conference on Bank Structure and Competition , Available at: www.federalreserve.gov/boarddocs/speeches/2003
   Google Scholar
• Holthausen , R. 2003 . Testing the relative power of accounting standards versus incentives and other institutional features to influence the outcome of financial reporting in an international setting . Journal of Accounting and Economics , 36 : 271 – 283 .
   Web of Science ®Google Scholar
• La Porta , R. , Lopez-de-Silanes , F. , Shleifer , A. and Vishny , R. 1998 . Law and finance . Journal of Political Economy , 106 : 1113 – 1155 .
   Web of Science ®Google Scholar
• La Porta , R. , Lopez-de-Silanes , F. and Shleifer , A. 1999 . Corporate ownership around the world . Journal of Finance , 54 : 471 – 517 .
   Web of Science ®Google Scholar
• Leuz , C. 2003 . IAS versus U.S. GAAP: information asymmetry-based evidence from Germany's New Market . Journal of Accounting Research , 41 : 445 – 472 .
   Web of Science ®Google Scholar
• Leuz , C. , Nanda , D. and Wysocki , P. 2003 . Earnings management and investor protection: an international comparison . Journal of Financial Economics , 69 : 505 – 527 .
   Web of Science ®Google Scholar
• Licht , A. 2003 . “ Legal plug-ins: cultural distance, cross-listing and corporate governance reform ” . Israel : Interdisciplinary Center Herzliya . Working Paper
   Google Scholar
• Morck , R. , Yeung , B. and Yu , W. 2000 . The information content of stock markets: why do emerging markets have synchronous stock price movements? . Journal of Financial Economics , 58 : 215 – 260 .
   Web of Science ®Google Scholar
• Schipper , K. and Vincent , L. 2003 . Earnings quality . Accounting Horizons , 17 : 97 – 110 . (suppl.)
   Google Scholar
• Warfield , T. , Wild , J. and Wild , K. 1995 . Managerial ownership, accounting choices and informativeness of earnings . Journal of Accounting and Economics , 20 : 61 – 91 .
   Web of Science ®Google Scholar
• World Federation of Exchanges . 2002 . Comprehensive Global Capital Market Statistics: Annual Statistical Report 2002 Available at: http://www.world-exchanges.org/WFE
   Google Scholar