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IFRS and the Need for Non-Financial Information

Author

Listed:
  • Tristan Boyer

    (Luxembourg School of Finance, University of Luxembourg)

  • Elena Chane-Alune

Abstract

We aim at giving a general view of the context in which appears the latest accounting evolutions, linked with the actual financialization of the financial market. Isn’t there a risk that the new IFRS standards and their concern about transparency and comparability impoverish the information by giving to accounting, with the application of the right value, the function of capital fundamental evaluation? We also show the importance of non-financial information able to supplement the provision of information, which is useful for the economic players in order to take decisions, and described on the reworking of the financial information by the players led to use it.

Suggested Citation

  • Tristan Boyer & Elena Chane-Alune, 2008. "IFRS and the Need for Non-Financial Information," LSF Research Working Paper Series 08-06, Luxembourg School of Finance, University of Luxembourg.
    • Handle: RePEc:crf:wpaper:08-06
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    References listed on IDEAS

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    1. repec:dau:papers:123456789/1719 is not listed on IDEAS
    2. Tracy A. Thompson & Gerald F. Davis, 1997. "The Politics of Corporate Control and the Future of Shareholder Activism in the United States," Corporate Governance: An International Review, Wiley Blackwell, vol. 5(3), pages 152-159, July.
    3. Chris A. Mallin, 1996. "The Voting Framework: A Comparative Study of Voting Behaviour of Institutional Investors in the U.S. and the U.K," Corporate Governance: An International Review, Wiley Blackwell, vol. 4(2), pages 107-122, April.
    4. Bushman, Robert M. & Smith, Abbie J., 2001. "Financial accounting information and corporate governance," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 237-333, December.
    5. Venkiteswaran N, 2000. "Corporate Governance for Shareholder Value," IIMA Working Papers WP2000-07-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
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    Cited by:

    1. repec:ipg:wpaper:2014-536 is not listed on IDEAS
    2. repec:ipg:wpaper:2014-506 is not listed on IDEAS
    3. repec:ipg:wpaper:2014-501 is not listed on IDEAS
    4. repec:ipg:wpaper:2014-573 is not listed on IDEAS
    5. Jean‐Michel Sahut & Sandrine Boulerne & Frédéric Teulon, 2011. "Do IFRS provide better information about intangibles in Europe?," Review of Accounting and Finance, Emerald Group Publishing Limited, vol. 10(3), pages 267-290, August.
    6. repec:ipg:wpaper:2014-532 is not listed on IDEAS
    7. repec:ipg:wpaper:2014-517 is not listed on IDEAS
    8. repec:ipg:wpaper:2014-537 is not listed on IDEAS

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    More about this item

    Keywords

    Corporate Governance; IFRS; Financial Information; Non-Financial Information.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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