Economic consequences of the first-time IFRS introduction in Europe

• Autores: Petya Platikanova, Jordi Perramon Costa
• Localización: Revista española de financiación y contabilidad, ISSN 0210-2412, Nº 156, 2012, págs. 497-520
• Idioma: inglés
• DOI: 10.1080/02102412.2012.10779733
• Texto completo no disponible (Saber más ...)
• Dialnet Métricas: 4 Citas
• Resumen

  • Los partidarios de la obligatoriedad de las NIIF argumentan que su implantación aumenta la comparabilidad de la información de los estados fi nancieros y realza la calidad de la información contable, lo que conduce a mercados más líquidos. Este estudio comprueba dicha afi rmación, utilizando las reexpresiones de la información que proceden de la primera aplicación de las NIIF, al objeto de examinar si dio lugar a mercados más líquidos en los países europeos más representativos. Proponemos que la introducción de las NIIF puede afectar directamente a la liquidez de los mercados al mejorar la comparabilidad. Nuestras conclusiones sugieren que, dentro de los sectores de actividad, las reexpresiones de mayor importe en el resultado neto introducen mayor incertidumbre, contribuyendo así a que los mercados sean más ilíquidos. Adicionalmente, en los sectores con menos empresas que reexpresan, la falta de comparabilidad en la información suprime las actividades de inversión con mayores costes de liquidez.

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