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Financial Reporting Environments and International Capital Mobility
Author(s) -
Young Danqing,
Guenther David A.
Publication year - 2003
Publication title -
journal of accounting research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 6.767
H-Index - 141
eISSN - 1475-679X
pISSN - 0021-8456
DOI - 10.1111/1475-679x.00116
Subject(s) - international financial reporting standards , accounting , business , capital (architecture) , value (mathematics) , finance , financial capital , economics , human capital , geography , economic growth , archaeology , machine learning , computer science
We examine whether differences in international capital mobility across countries are related to country‐specific differences in financial reporting environments. We hypothesize that countries where financial accounting environments lead to greater disclosure of value‐relevant accounting information are more likely to have higher international capital mobility. The results of empirical tests are consistent with our hypothesis.