Accounting standards convergence dynamics: International evidence from club convergence and clustering
Journal article
Authors | Apergis, Nicholas, Christou, Christina and Hassapis, Christis |
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Abstract | This paper aims to explore convergence of accounting standards across worldwide adopted measures to investigate whether countries that have not completely adopted International Accounting Standards across the globe have displayed a tendency to act so. The new panel convergence methodology, developed by Phillips and Sul (2007), is employed. The empirical findings suggest that countries form distinct convergent clubs, albeit on a limited prevalence, yielding support to the notion that on a global basis firms and countries have initiated processes that will eventually lead them to a uniform pattern of employing common accounting standards. |
Keywords | Accounting standards; Convergence; Club convergence method |
Year | 2014 |
Journal | Accounting Research Journal |
Publisher | Emerald |
Web address (URL) | http://hdl.handle.net/10545/623415 |
http://creativecommons.org/licenses/by-nc-nd/4.0/ | |
hdl:10545/623415 | |
Publication dates | 28 Oct 2014 |
Publication process dates | |
Deposited | 28 Jan 2019, 18:38 |
Contributors | University of Piraeus, University of Piraeus and University of Cyprus |
File | File Access Level Open |
File | File Access Level Open |
https://repository.derby.ac.uk/item/93619/accounting-standards-convergence-dynamics-international-evidence-from-club-convergence-and-clustering
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