Click Here to Download: https://ouo.io/dJSgGpQ International Perspectives on Accounting and Corporate Behavior By: Kunio Ito Publisher: Springer Print ISBN: 9784431547914, 4431547916 eText ISBN: 9784431547921, 4431547924 Copyright year: 2014 Format: EPUB Available from $ 159.00 USD SKU 9784431547921 Despite the globalization of accounting standards occurring through convergence to International Financial Reporting Standards, local accounting systems are deeply intertwined with each country’s unique institutions such as its corporate system, disclosure practices and enforcement mechanisms. First, this book empirically analyzes the effects of globalization and localization of accounting rules on corporate behavior such as earnings management, signaling, investment behavior and dividend payout policy. Second, the book unravels the economic consequences of disclosure based on the concept of self-disciplining enforcement such as management forecasts, environmental disclosures and risk disclosures by Japanese firms. This volume is a step forward in understanding the link between accounting and corporate behavior based on a new institutional accounting approach.
