Abstract

GARZA SANCHEZ, Héctor Horacio; CORTEZ ALEJANDRO, Klender Aimer; MENDEZ SAENZ, Alma Berenice  and  RODRIGUEZ GARCIA, Martha del Pilar. Effect of information quality due accounting regulatory changes: Applied case to Mexican real sector. Contad. Adm [online]. 2017, vol.62, n.3, pp.746-760. ISSN 0186-1042.  https://doi.org/10.1016/j.cya.2015.11.012.

The purpose of this paper is to examine whether changes in accounting standards improve value relevance of financial information on listed companies in Mexico. The research was conducted for the period 2000-2013 using a sample of 141 companies that report to the Mexican stock exchange using the methodology of panel data. Our findings show that changes in local regulations (generally accepted accounting principles) to internationally approved standards (Financial Reporting Standards and International Financial Reporting Standards) increase the value relevance and therefore the quality of information. The study shows that the accounting information with international Financial Reporting Standards is more trustworthy for foreign and national investors.

Keywords : Quality of accounting information; Financial Reporting Standards; International Financial Reporting Standards; Accounting principles.

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