Why Firms Comply Voluntarily with IAS: An Empirical Analysis with Swiss Data

P. Dumontier and B. Raffournier

Working Papers from Ecole des Hautes Etudes Commerciales, Universite de Geneve-

Abstract: In Switzerland the use of International Accounting Standards (IAS) is allowed as an alternative to national rules for the preparation of consolidated financial statements. This opportunity has been widely used, since about 40% of Swiss listed compagnies do comply with IAS. Because of permissiveness and low disclosure requirements of the Swiss accounting regulation, compliance with IAS implies additional disclosure and renouncement of a considerable discretion in accounting practices. The aim of this paper is to determine the characteristics of firms which voluntarily choose to incure these additional costs.

Keywords: ACCOUNTING; METHODOLOGY (search for similar items in EconPapers)
JEL-codes: M40 M41 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:fth:ehecge:96.17

Access Statistics for this paper

More papers in Working Papers from Ecole des Hautes Etudes Commerciales, Universite de Geneve- Suisse; Ecole des Hautes Etudes Commerciales, Universite de Geneve, faculte des SES. 102 Bb. Carl-Vogt CH - 1211 Geneve 4, Suisse. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().