IFRS and accounting quality: Additional evidence from Korea
Kimberly G. Key and
Jeong Youn Kim
Journal of International Accounting, Auditing and Taxation, 2020, vol. 39, issue C
Abstract:
This study investigates accounting quality in South Korea after the country transitioned in 2011 from domestic accounting standards to International Financial Reporting Standards (IFRS). Several variables of earnings management and timely loss recognition proxy for accounting quality. Reports of Korea’s IFRS adoption process indicate strong commitment to successful and transparent implementation, and we predict and find increased accounting quality after IFRS adoption. The results confirm and extend initial research showing that IFRS has had positive effects on Korea’s capital markets and its accounting environment.
Keywords: IFRS; Accounting quality; Korea (search for similar items in EconPapers)
JEL-codes: F60 M41 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (14)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1061951820300070
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jiaata:v:39:y:2020:i:c:s1061951820300070
DOI: 10.1016/j.intaccaudtax.2020.100306
Access Statistics for this article
Journal of International Accounting, Auditing and Taxation is currently edited by R. Larson
More articles in Journal of International Accounting, Auditing and Taxation from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).