The next research seminar runs Tues, Feb 25 with Dr. Raymond Leung of UFV’s School of Business.
Tues, Feb 25
The focus will be cost of equity effects from mandatory IFRS adoption: the importance of reporting incentives.
Many countries have adopted International Financial Reporting Standards (IFRS) mandatorily mainly because IFRS may be regarded as a set of “higher quality” accounting standards to enhance comparability and transparency. However, it is still an open question whether IFRS actually brings benefits to shareholders, especially lower cost of equity. Dr. Raymon Leung will examine if there are any changes in the cost of equity that are associates with mandatory IFRS adoption for 18 European Union (EU) countries.
For more information, contact Emily Major at Emily.Major@ufv.ca