In this paper it is examined whether firms following International Financial Reporting Standards （IFRS） exhibit higher accounting quality. While IFRS are supposed to improve international comparisons by harmonisatio...In this paper it is examined whether firms following International Financial Reporting Standards （IFRS） exhibit higher accounting quality. While IFRS are supposed to improve international comparisons by harmonisation and definition of strong principles, Ball （2006） and Nobes （2006） were concerned about differences in the application of IFRS cross-countries and firms. Barth, Landsman ＆ Lang （2008） stated that the flexibility of principles- based International Accounting Standards （IAS） could create incentives for firms to manage earnings. This paper contributes to analyse the impact of IFRS on accounting quality for European firms. The findings show that for firms in the European Union （EU） IFRS produce a negative effect on accounting quality that continues after 2005, when IFRS becomes mandatory. By contrast, for European firms which are not EU members the IFRS adoption increases accounting quality. These results support the concerns about IFRS application and flexibility and indicate that accounting quality does not improve just because the adoption of IFRS is mandatory.展开更多
China Electricity Council is a trade federation of enterprises and institutions of Chinese power industry and a non-profit social-economic organization. The paper briefs its nature, main responsibilities and organizat...China Electricity Council is a trade federation of enterprises and institutions of Chinese power industry and a non-profit social-economic organization. The paper briefs its nature, main responsibilities and organization framework of service network.展开更多
China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12^th Five-Year Plan for Electric＂ Power lndustry ＂＂ in nearly one year, whi...China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12^th Five-Year Plan for Electric＂ Power lndustry ＂＂ in nearly one year, which provides a reference/or governmental departments to formulate the 12^th Five-Year Plan on energy and electric power industry. The magazine should publish the serial reports inchliding power sources, power grids, equipment manufacture, energy and environment, and power economics. This paper presents the part of ＂ power grids, ＂ in which the strategies of developing power grids are put forward.展开更多
China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12th Five-Year Plan for Electric Power Industry＂ in nearly one year,which prov...China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12th Five-Year Plan for Electric Power Industry＂ in nearly one year,which provides a reference for governmental departments to formulate the 12th Five-Year Plan on energy and electric power industry.The magazine will publish the serial reports including power sources,power grids,equipment manufacture,energy and environment,and power economics.This paper presents the part of ＂power sources,＂ in which the strategies of developing various kinds of power sources are put forward.展开更多
文摘In this paper it is examined whether firms following International Financial Reporting Standards （IFRS） exhibit higher accounting quality. While IFRS are supposed to improve international comparisons by harmonisation and definition of strong principles, Ball （2006） and Nobes （2006） were concerned about differences in the application of IFRS cross-countries and firms. Barth, Landsman ＆ Lang （2008） stated that the flexibility of principles- based International Accounting Standards （IAS） could create incentives for firms to manage earnings. This paper contributes to analyse the impact of IFRS on accounting quality for European firms. The findings show that for firms in the European Union （EU） IFRS produce a negative effect on accounting quality that continues after 2005, when IFRS becomes mandatory. By contrast, for European firms which are not EU members the IFRS adoption increases accounting quality. These results support the concerns about IFRS application and flexibility and indicate that accounting quality does not improve just because the adoption of IFRS is mandatory.
文摘China Electricity Council is a trade federation of enterprises and institutions of Chinese power industry and a non-profit social-economic organization. The paper briefs its nature, main responsibilities and organization framework of service network.
文摘China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12^th Five-Year Plan for Electric＂ Power lndustry ＂＂ in nearly one year, which provides a reference/or governmental departments to formulate the 12^th Five-Year Plan on energy and electric power industry. The magazine should publish the serial reports inchliding power sources, power grids, equipment manufacture, energy and environment, and power economics. This paper presents the part of ＂ power grids, ＂ in which the strategies of developing power grids are put forward.
文摘China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12th Five-Year Plan for Electric Power Industry＂ in nearly one year,which provides a reference for governmental departments to formulate the 12th Five-Year Plan on energy and electric power industry.The magazine will publish the serial reports including power sources,power grids,equipment manufacture,energy and environment,and power economics.This paper presents the part of ＂power sources,＂ in which the strategies of developing various kinds of power sources are put forward.
