IFRS and Financial Performance: Study in the French Context
| Autor: | Zahra Tajuddin Abdelgader Ali, Hela Turki, Mona Hassab Elrasoul Mohammed, Senda Wali |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
050208 finance
Financial performance Index (economics) 05 social sciences Economics Econometrics and Finance (miscellaneous) Context (language use) 050201 accounting Monetary economics Tobin's q Cost of capital Accounting 0502 economics and business Economics Business and International Management Indirect impact |
| Zdroj: | International Journal of Financial Research. 11:424 |
| ISSN: | 1923-4031 1923-4023 |
| DOI: | 10.5430/ijfr.v11n2p424 |
| Popis: | This article examines the direct and indirect impact of the IFRS mandatory adoption on the financial performance of companies. The structural equation method has been applied to all companies that belong to the CAC All tradable index for the period from 2002 to 2012. By measuring financial performance by three measures, namely the Marris ratio, the Tobin Q and the PER ratio, the results show that the imposition of the international standards has no direct effect on the financial performance, its effect is indirect via the cost of capital. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|