Nouri, Hossein; Shahid, Abdus - In: International Journal of Economics and Accounting 3 (2012) 2, pp. 115-132
and on stock prices. This paper reviews literature on previous accounting changes in the USA and their impacts on stock … negligible and would be firm's specific. While IFRS adoption could decrease the stock prices of some companies (e.g., those … switching from LIFO to another acceptable inventory valuation method), it would increase the stock prices of some other …