2026-09-20T03:57:13Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1269752021-07-05T14:03:20Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Nemit Shroff and Rodrigo S. Verdi.
Berfeld, Natalie.
Sloan School of Management.
Sloan School of Management
2020-09-03T16:46:30Z
2020-09-03T16:46:30Z
2020
2020
https://hdl.handle.net/1721.1/126975
1191221929
Thesis: S.M. in Management Research, Massachusetts Institute of Technology, Sloan School of Management, May, 2020
Cataloged from the official PDF of thesis.
Includes bibliographical references (pages 22-24).
I study the impact of a parent firm's IFRS adoption on the accounting properties of their private non-IFRS-adopting European subsidiaries. In contrast to public European firms, private European firms are typically not required to adopt IFRS. I examine the private subsidiaries that do not adopt IFRS even though their parents do, and find spillover effects on the accounting properties of non-adopting subsidiaries as a result of parental adoption. I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent..
by Natalie Berfeld.
S.M. in Management Research
S.M.inManagementResearch Massachusetts Institute of Technology, Sloan School of Management
29 pages ;
eng
Massachusetts Institute of Technology
MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.
http://dspace.mit.edu/handle/1721.1/7582
Sloan School of Management.
Do you have to adopt to adopt? : evidence on IFRS spillovers in conglomerates
Thesis
application/pdf
2020-09-03T16:46:30Z
Publication
Master
Sloan
unknown
unknown
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<Abstract>I study the impact of a parent firm's IFRS adoption on the accounting properties of their private non-IFRS-adopting European subsidiaries. In contrast to public European firms, private European firms are typically not required to adopt IFRS. I examine the private subsidiaries that do not adopt IFRS even though their parents do, and find spillover effects on the accounting properties of non-adopting subsidiaries as a result of parental adoption. I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent..</Abstract>
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