have a significant impact on earnings management. Furthermore, by focusing on France, we study a country which has
The results of our study show that mandatory adoption of IAS/IFRS by French companies has decreased earnings management
level. The results also show that the independence and effectiveness of the board of directors, the existence of an
independent audit committee, the presence of block shareholders, the quality of the external audit and listing on foreign
financial markets are important factors associated with enforcement of IAS/IFRS in France. Mandatory adoption of IAS/IFRS
has decreased earnings management level for companies with good corporate governance and those that depend on foreign
financial markets.