title: The Effect of International Financial Reporting Standards (IFRS) Adoption on the Value Relevance of Financial Reporting: A Case of Russia (Book Chapter)
metadata.name: dc.contributor.author
metadata.value: Garanina, Tatiana A.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Kormiltseva, Polina S.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2015-04-24T11:21:50Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2015-04-24T11:21:50Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2013
metadata.lang: -
metadata.name: dc.identifier.issn
metadata.value: 1479-3563
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://www.emeraldinsight.com/doi/abs/10.1108/S1479-3563%282013%290000013007?queryID=61%2F17375140
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/1454
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Purpose
  The purpose of this study is to empirically examine the influence of International Financial Reporting Standards (IFRS) adoption by Russian public companies on the value relevance of financial reporting in Russia.
  
  Design/methodology/approach
  We selected 67 Russian public companies that reported both under Russian Accounting Standards (RAS) and IFRS for four consecutive years (2006–2009).
  
  Research limitations
  The main limitation of the chapter is the sample, but this can be explained by the fact that only 67 companies in Russia report under the two standards (RAS and IFRS). So the sample could not be increased as there were no other companies that fulfilled the characteristics of the sample.
  
  Findings
  The results obtained show that on the Russian market there is no evidence of increased value relevance of financial reporting to external users of financial information after adopting IFRS when comparing and evaluating the two regimes (RAS and IFRS) unconditionally. Such results can be explained by the notion of mock compliance which originated due to the institutional differences between the RAS and IFRS development environments.
  
  Originality/value
  Adoption of IFRS by companies in emerging markets has been a subject of interest for lots of researchers, but this is the first research of its kind in the field of value relevance of adoption of IFRS on the Russian market.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: Emerald
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Accounting in Central and Eastern Europe (Research in Accounting in Emerging Economies, Volume 13);Vol. 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: IFRS
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russian accounting standards
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: adoption
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: value
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The Effect of International Financial Reporting Standards (IFRS) Adoption on the Value Relevance of Financial Reporting: A Case of Russia (Book Chapter)
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Book chapter
metadata.lang: en_GB
resources.filename: Garanina Kormiltseva _ Preprint.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/1454/1/Garanina%20Kormiltseva%20_%20Preprint.pdf
resources.format: Adobe PDF
resources.description: Preprint Version by Authors
resources.size: 798,51 kB