Eastern and Western European firms public and private information quality: The comparative impact of degree of implementation of IFRS

Arsen Djatej, Grace Gao, Robert H.S. Sarikas and David L. Senteney

Emerging Markets Review, 2011, vol. 12, issue 2, 111-129

Abstract: We investigate the quality of public and private information environments between Western European or Eastern European firms. We find that the quality of private information is higher for Eastern European than for Western European firms and the quality of public information is higher for Western European than for Eastern European firms. Further, the degree of implementation of IFRS increases the quality of public information and decreases the quality of private information for both Eastern European and Western European countries with decreasing marginal benefits. Nonetheless we find IFRS comparatively more beneficial for firms from Eastern European countries than for firms from Western European countries.

Keywords: Public; and; private; information; quality; Eastern; and; Western; Europe; Securities; analysts; IFRS; implementation; Institutional; factors (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1566-0141(11)00012-4
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:ememar:v:12:y:2011:i:2:p:111-129

Access Statistics for this article

Emerging Markets Review is currently edited by Jonathan A. Batten

More articles in Emerging Markets Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().