چکیده:
This study determined the value relevance of assets and liabilities after the adoption of IFRS among listed Nigerian firms. Ohlson Model (1995) model of stock price regressions tested the relationship between assets and liabilities with the stock price, which has been widely adopted by accounting researchers. A sample of 126 firms listed in Nigeria stock market is used for the study. Data is collected from Thomson Reuters and Bank Scope Data Streams for non-financial and financial firms, respectively. The findings provide empirical evidence, established on unique Nigerian environment, statistical significance difference on the value relevance of assets, and liabilities prepared and disclosed under IFRS. Robustness test, as well as yearly trend analysis, produce collaborating evidence. The significance of the study’s findings presents statistical significance value relevance increase based on the unique Nigerian adoption of IFRS as an emerging market.
خلاصه ماشینی:
The value relevance of accounting disclosures among listed Nigerian firms: IFRS adoption Mohammed Yusuf Alkali1&2, Nor Asma Lode2 1.
Department of Accounting University Utara Malaysia, Sintok Kedah, Malaysia (Received: January 15, 2016; Revised: October 22, 2016; Accepted: November 1, 2016) Abstract This study determined the value relevance of assets and liabilities after the adoption of IFRS among listed Nigerian firms.
com Introduction The current study investigated the effect of the adoption of International Financial Reporting (IFRS) in Nigeria on the quality of accounting information among Nigerian listed firms.
To find out the effect of IFRS, we examined the relationship between assets and liabilities with stock prices with audit "Big 4" as a control variable for the pre- and post-adoption of IFRS among listed Nigerian firms in the stock market.
The current study presented different results by providing evidence on the incremental value relevance after IFRS adoption in an emerging market that has unique reporting environment from developed markets.
Due to these findings, the following hypotheses are suggested: H1: Assets and liabilities disclosures in emerging market provide more value relevant of accounting information after the IFRS adoption among firms in Nigeria.
H2: Assets disclosures in emerging market provides more value relevant of accounting information after the IFRS adoption among firms in Nigeria.
H3: Liabilities disclosures in emerging market provides more value relevant of accounting information after the IFRS adoption among firms in Nigeria.
H: assets and liabilities disclosures provided more value relevance of accounting information after the IFRS adoption among Nigeria firms.