Li, s. (2010). Does mandatory adoption of international financial reporting standards in the european union reduce the cost of equity capital
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Taken together, these findings suggest that while mandatory IFRS adoption significantly lowers firms' cost of equity, the effects depend on the strength of the countries' legal enforcement. Keywords: International Accounting Standards (IAS); International Financial Reporting Standards (IFRS); cost of equity capital.
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- Taken together, these findings suggest that while mandatory IFRS adoption significantly lowers firms' cost of equity, the effects depend on the strength of the countries' legal enforcement. Keywords: International Accounting Standards (IAS); International Financial Reporting Standards (IFRS); cost of equity capital.✔️
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