L’adozione dei principi contabili internazionali da parte delle società italiane: Determinanti ed effetti

Translated title of the contribution: [Autom. eng. transl.] The adoption of international accounting standards by of Italian companies: Determinants and effects

M. Cameran, D. Campa, Angela Kate Pettinicchio

Research output: Book/ReportBook

Abstract

[Autom. eng. transl.] The aim of this paper is to illustrate the results of a research conducted on companies Italian companies who were the first to choose to adopt international accounting standards (IAS / IFRS) in the preparation of their annual accounts. In particular, the determinants and the consequences of the voluntary adoption of international accounting standards in the annual report, not consolidated. The results of the analyzes carried out show that the costs associated with the transition to a new set of accounting principles appear to be offset by administrative simplification caused by the adoption of IAS / IFRS by subsidiaries by subjects obliged to adopt international standards. Outside of this circumstance, the The choice to adopt the aforementioned principles seems to be determined more by requests from external parties (institutional investors) or by the choice of the reference shareholder, than by obtaining advantages related to greater disclosure transparency. As regards the impact of adoption on the quality of accounting data, there is evidence of an increase in the use of budgetary policies, together with a reduction in timeliness of recognition of losses following the adoption of international accounting standards. Since the previous literature has shown that the ownership structure can have a significant influence on the quality of accounting data, the effects of the adoption of international standards on family firms were also studied. The results of the analyzes conducted indicate that the effect of the adoption of international accounting standards is not homogeneous between family and non-family firms. The overall impact appears to be worse in the case of family firms.
Translated title of the contribution[Autom. eng. transl.] The adoption of international accounting standards by of Italian companies: Determinants and effects
Original languageItalian
PublisherEgea
Number of pages114
ISBN (Print)9788823844100
Publication statusPublished - 2013

Keywords

  • IAS/IFRS
  • PRINCIPI CONTABILI INTERNAZIONALI
  • PRINCIPI CONTABILI NAZIONALI
  • società italiane

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