This paper outlines the evolution of the information environment surrounding the Warsaw
Stock Exchange in Poland. Like other transition economies, Poland needed to develop …

The dissertation consists of five independent essays on the value relevance of accounting
information. Value relevance is defined as the ability of financial statement information to …

Recently, a new dimension has been added to research in accounting harmonization by
studying the effects of accounting practices and regulations on share price and return …

We examine the value relevance of accounting fundamentals after the mandatory transition
to IFRS in Greece. We find no significant change in the value relevance of book value of …

In this paper I perform an empirical investigation into the value relevance of information
reported by Russian public firms from two distinct perspectives. First, I document that prior to …

We examine accounting numbers and stock prices across three countries: Germany,
Norway, and the United Kingdom (UK). The accounting systems in the three countries differ …

Abstract International Financial Reporting Standards (IFRS) are required for consolidated
financial statements of all European Union (EU) publicly traded companies starting from the …

Is financial statement information, such as earnings, assets and the book value of equity, still
useful to investors in the “new economy age”, or should serious efforts be made by eg …

In recent years, German companies have reported consolidated financial statements under
German GAAP, US GAAP, or International Accounting Standards (IAS). Market observers …

Since 2005, European‐listed companies have been required to prepare their consolidated
financial statements in accordance with the International Financial Reporting Standards …