Date of this Version
Journal of Accounting and Economics
Ball, Robin and Wu (Journal of Accounting and Economics, 2003, this issue) investigate the relationship between accounting standards and the structure of other institutions on the attributes of the financial reporting system. They find evidence consistent with the hypothesis that beyond accounting standards, the structure of other institutions, such as incentives of preparers and auditors, enforcement mechanisms and ownership structure affects the outcome of the financial reporting system. However, interpretation of the evidence with respect to the notion of quality of the financial reporting system and the quality of accounting standards that the authors introduce is problematic.
© 2003 . This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
financial reporting quality, international accounting standards, cross-country comparisons, transparency, timeliness, conservatism, economic income
Holthausen, R. W. (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 (1-3), 271-283. http://dx.doi.org/10.1016/j.jacceco.2003.10.004
Date Posted: 27 November 2017
This document has been peer reviewed.