This paper investigates the value-relevance of separate financial statements and the implications of adopting IFRS. It focuses on the Italian context comparing information under both Italian GAAP and IFRS for the same set of firms at the same date.
This paper investigates the value-relevance of separate financial statements and the implications of adopting IFRS. It focuses on the Italian context comparing information under both Italian GAAP and IFRS for the same set of firms at the same date.