采用印度AS是否会影响印度公司的绩效?

Q2 Economics, Econometrics and Finance
N. M. N., S. Chakraborty, L. B. M., Lumen Shawn Lobo
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引用次数: 1

摘要

国际财务报告准则的日益普及提高了透明度、会计质量和公司间财务信息的可比性,特别是在包括印度在内的全球新兴市场。尽管如此,采用国际财务报告准则是否导致公司业绩改善的问题仍然存在。为了解决这个问题,本研究考察了2013年至2022年印度从基于公认会计准则的会计准则过渡到与国际财务报告准则融合的准则(印度AS)对非金融公司业绩的影响。实证结果表明,印度会计准则与国际财务报告准则的趋同显著提高了企业绩效,在固定效应模型中,印度会计准则的正系数为0.0166。本研究还利用企业绩效的净资产收益率(ROE)指标验证了最初的实证研究结果,该指标的系数为0.0197,进一步证实了采用印度企业绩效会导致印度企业绩效的提高。这些结果为现有的国际财务报告准则文献提供了新的见解,并对政策制定者和管理者产生了影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Does the adoption of Ind AS affect the performance of firms in India?
The increasing prevalence of IFRS adoption has resulted in enhanced transparency, accounting quality, and comparability of financial information among firms, especially in emerging markets worldwide, including India. Nonetheless, the question of whether the adoption of IFRS has led to improved firm performance persists. To address this question, this study examines the impact of transitioning from India’s GAAP-based accounting standards to IFRS-converged standards (Ind AS) on non-financial firms’ performance from 2013 to 2022. The empirical findings reveal that the convergence of Indian accounting standards with IFRS significantly improves firm performance, as demonstrated by a positive coefficient of 0.0166 for Ind AS in the fixed-effect model. The study also validates the original empirical findings using the return on equity (ROE) measure of firm performance, which yielded a coefficient of 0.0197, further confirming that the adoption of Ind AS leads to an increase in the performance of Indian firms. These results contribute new insights to the existing IFRS literature and have implications for policymakers and managers.
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来源期刊
Investment Management and Financial Innovations
Investment Management and Financial Innovations Economics, Econometrics and Finance-Finance
CiteScore
2.50
自引率
0.00%
发文量
99
审稿时长
11 weeks
期刊介绍: The international journal “Investment Management and Financial Innovations” encompasses the results of theoretical and empirical researches carried out both on macro- and micro-levels, concerning various aspects of financial management and corporate governance, investments and innovations (including using of quantitative methods). It is focused on the international community of financiers, both academics and practitioners. Key topics: financial and investment markets; government policy and regulation; corporate governance; information and market efficiency; financial forecasting and simulation; financial institutions: investment companies, investment funds, investment banks, hedge funds, private pension funds; objects of real and financial investing; financial instruments and derivatives; efficiency of investment projects; econometric and statistic methods in project management; alternative investments; ratings and rating agencies.
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