10.30硕士论文开题公告

发布时间:2017-10-25 10:02 点击数:58

论文题目:Does International Financial Reporting Standards (IFRS) Adoption Promote International Trade? Global Accounting Harmonization

开题人:SOLOMON WISE DODZIDENU ADZA(国际硕士)

专业:会计学

导师:李茂良助理教授

时间:2017年10月30日下午15:00

地点:嘉庚2 513

论文摘要:

     This study examines whether the adoption of International Financial Reporting Standards (IFRS) positively influence a country’s international trade. The study centers on the consequences of accounting harmonization on international trade from a macroeconomic perspective. International Financial Reporting Standards (IFRS) adoption is deemed to reduce information costs among countries and is, therefore, a key means to promote international trade. Using a sample of 2,850 country-year observations of 150 countries during the period of 1996 to 2015, I find evidence that, on average, IFRS adoption significantly leads to an increase in the volume of international trade. The results also provide evidence that IFRS adoption has a greater positive impact on developing economies relative to developed economies, indicating that developing economies benefit more from increased disclosure and enhanced information comparability. A key potential driver for IFRS adoption by countries with developing economies is the desire to receive financial aid from the World Bank. Using two-stage instrumental variable (IV) model and explicitly taken into account financial aid, I provide strong confirmation of the baseline results. Taken together, these findings suggest that IFRS adoption significantly promotes a country’s international trade because of increased disclosure and enhanced information comparability.