Investor reaction to IFRS for financial instruments in Europe: the role of firm-specific factors

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Investor reaction to IFRS for financial instruments in Europe: the role of firm-specific factors

We examine the market reaction to events related to the standard-setting process of International Financial Reporting Standard (IFRS) 9 for over 3,000 European firms that have adopted IFRS. We find that the market reaction to IFRS 9 is largely affected by firm-specific factors associated with inform...

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Bibliographic Details
Main Authors:	Onali, Enrico, Ginesti, Gianluca, Ballestra, Luca Vincenzo
Format:	Article
Published:	Elsevier 2017
Subjects:	Market reaction; Event study; IFRS 9; Information asymmetry; Information quality
Online Access:	https://eprints.nottingham.ac.uk/52487/

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