Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/241798 
Erscheinungsjahr: 
2019
Quellenangabe: 
[Journal:] China Journal of Accounting Research [ISSN:] 1755-3091 [Volume:] 12 [Issue:] 3 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2019 [Pages:] 231-250
Verlag: 
Elsevier, Amsterdam
Zusammenfassung: 
This paper investigates how accounting standards (AS) convergence influences Chinese firms' overseas mergers and acquisitions (M&As) and shows that this convergence significantly promotes Chinese firms' overseas M&As. Specifically, we find that both the probability of success and the value of transactions increases significantly in countries that implemented International Financial Reporting Standards (IFRS) prior to 2007. These results suggest that accounting standards (AS) convergence can improve the comparability of accounting information between China and other countries that have adopted IFRS. Moreover, we find that the impact of accounting standards (AS) convergence on state-owned enterprise (SOE) acquirers is weak. These findings demonstrate that accounting standards (AS) convergence can facilitate Chinese firms' overseas M&As by improving the comparability of accounting information between China and target countries.
Schlagwörter: 
Accounting standards convergence
Comparability of accounting information
Overseas mergers and acquisitions
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