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Applying IFRS Mandatory: Evidence from Greek Listed Companies

Author

Listed:
  • Konstantinos P. Papadatos
  • Athanasios P. Bellas

Abstract

The aim of the present study is to record the attitude of Greek listed companies towards the mandatory adoption of IFRS, in Greece. In this context, a questionnaire was send to the listed companies of the Athens Stock Exchange (ASE) in 2008. The 135 responses revealed the advantages of the mandatory adoption of IFRS for firms, the problems and the obstacles that they face for their implementation and their perceptions regarding how IFRS affect investors. In addition, it is examined whether the firms specific characteristics (size, profitability and the level of fixed assets) affect their attitude to IFRS.

Suggested Citation

  • Konstantinos P. Papadatos & Athanasios P. Bellas, 2011. "Applying IFRS Mandatory: Evidence from Greek Listed Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 71-96.
  • Handle: RePEc:ers:journl:v:xiv:y:2011:i:4:p:71-96
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    International Financial Reporting Standards (IFRS); Greek Listed Firms; Greek Accounting Standards (GAS); Mandatory Adoptions; Account Preparers;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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