Effect of information quality due accounting regulatory changes: Applied case to Mexican real sector
| Autor: | Alma Berenice Méndez Sáenz, Hector Sanchez, Klender Aimer Cortez Alejandro, Martha del Pilar Rodríguez García |
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| Rok vydání: | 2017 |
| Předmět: |
050208 finance
business.industry 05 social sciences Information quality Accounting 050201 accounting Comparison of management accounting and financial accounting International Financial Reporting Standards General Business Management and Accounting Accounting standard Stock exchange 0502 economics and business Accounting information system Financial accounting business Panel data |
| Zdroj: | Contaduría y Administración. 62:761-774 |
| ISSN: | 0186-1042 |
| DOI: | 10.1016/j.cya.2015.11.013 |
| Popis: | The purpose of this paper is to examine whether changes in accounting standards improve value relevance of financial information on listed companies in Mexico. The research was conducted for the period 2000–2013 using a sample of 141 companies that report to the Mexican stock exchange using the methodology of panel data. Our findings show that changes in local regulations (generally accepted accounting principles) to internationally approved standards (Financial Reporting Standards and International Financial Reporting Standards) increase the value relevance and therefore the quality of information. The study shows that the accounting information with international Financial Reporting Standards is more trustworthy for foreign and national investors. |
| Databáze: | OpenAIRE |
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