e-journal

The role of corporate governance in convergence with IFRS:evidence from China

---

Purpose – The purpose of this paper is to examine the important role played by corporate
governance in de facto International Financial Reporting Standards (IFRS) convergence, and to
provide empirical evidence that audit quality mediates the degree of IFRS convergence.
Design/methodology/approach – The paper develops a model showing the role of corporate
governance in converging national accounting standards with the IFRS, and empirically tests the
model using a sample of Chinese listed companies with B-shares. Both analysis of variance and
multiple regressions are employed to test the hypotheses.
Findings – Effective internal corporate governance helps companies to be more aligned with IFRS and
thus provide high quality financial information. Furthermore, audit quality as an external governance
factor mediates the relationship between internal corporate governance and IFRS convergence.
Research limitations/implications – The paper extends research findings, as shown in the
literature, by showing the role of corporate governance in the IFRS convergence, especially the
mediating effect of audit quality. In addition to accounting standards, global convergence of auditing
standards and corporate governance is imperative if de facto convergence of accounting standards is
to be achieved.
Originality/value – The paper highlights the effect of corporate governance and the interaction
between internal and external corporate governance in achieving IFRS convergence, which has been
largely ignored in the literature. Based on the results, the paper proposes an explanation for the mixed
results shown in the literature.

Keywords Accounting, Audit quality, China, Convergence of accounting standards,Corporate governance, International Financial Reporting Standards

---

Ketersediaan

Tidak ada salinan data

Informasi Detail

Judul Seri

International Journal of Accounting and Information Management

No. Panggil

-

Penerbit

: Emerald Group., 2012

Deskripsi Fisik

International Journal of Accounting and Information Management Vol. 20 No. 2, 2012 pp. 171-188

Bahasa

English

ISBN/ISSN

-

Klasifikasi

-

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subjek

AKUNTANSI

Info Detail Spesifik

-

Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

Komentar

---

Anda harus masuk sebelum memberikan komentar