Nadia Cheikh Rouhou, Fatma Wyème Ben Mrad Douagi, K. Hussainey
{"title":"THE EFFECT OF IFRS ENFORCEMENT FACTORS ON ANALYSTS’ EARNINGS FORECASTS ACCURACY","authors":"Nadia Cheikh Rouhou, Fatma Wyème Ben Mrad Douagi, K. Hussainey","doi":"10.22495/COCV13I1C2P5","DOIUrl":null,"url":null,"abstract":"This paper examines the effect of IFRS mandatory adoption by French companies on analysts’ earnings forecast accuracy. In addition, we consider the impact of corporate governance mechanisms, as IFRS enforcement factors, on earnings forecasts. Using a sample of 98 companies over the period from 2003 to 2007, our results show increased forecast accuracy after the mandatory adoption of IFRS. We also find that the independence, the international competency and the efficiency of the board members, the board size, and the quality of external audit are important factors for the implementation of IFRS and, these factors improve earnings forecast accuracy.","PeriodicalId":438501,"journal":{"name":"Corporate Ownership and Control","volume":"38 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2015-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Corporate Ownership and Control","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22495/COCV13I1C2P5","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 8
Abstract
This paper examines the effect of IFRS mandatory adoption by French companies on analysts’ earnings forecast accuracy. In addition, we consider the impact of corporate governance mechanisms, as IFRS enforcement factors, on earnings forecasts. Using a sample of 98 companies over the period from 2003 to 2007, our results show increased forecast accuracy after the mandatory adoption of IFRS. We also find that the independence, the international competency and the efficiency of the board members, the board size, and the quality of external audit are important factors for the implementation of IFRS and, these factors improve earnings forecast accuracy.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
