 Forced IFRS Adoption: Direction of the “EU-15 Parents—CEE Subsidiaries” LinksChapter Chapter 34 in New Trends in Finance and Accounting, 2017, pp 361-371 from Springer Abstract: Abstract The paper adopts a view of business research on the positive effects of the parent–subsidiary links on the performance of subsidiaries. The paper focuses on the Central and Eastern European subsidiaries and surmises that a high-quality IFRS adoption in a chain “foreign parent—local subsidiary” may positively affect an undeveloped accounting practice in a transition country, if the number of such subsidiaries is significant. Similarly, if subsidiaries from transition countries, experiencing a lower quality of financial reporting, form a significant share of consolidated groups, the expected increase in accounting quality after the IFRS adoption is endangered. This may hold even for parents domiciled in countries with a traditionally transparent capital markets and well-working financial reporting. The paper aims at identifying the subsidiaries of EU listed companies, with a special focus on the assessment of the links between “EU-15 parents and their CEE subsidiaries”. Keywords: IFRS adoption; Forced adopters; Parent–subsidiary links; Central and Eastern Europe (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-49559-0_34 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-49559-0_34 Access Statistics for this chapter More chapters in Springer Proceedings in Business and Economics from Springer |
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