The Adoption of IFRS 3: The Effects of Managerial Discretion and Stock Market Reactions

Business & Economics

• Managerial Discretion 100%
• Stock Market Reaction 95%
• Impairment 90%
• Goodwill 87%
• International Financial Reporting Standards 80%
• Fair Value 35%
• Historical Cost 20%
• International Accounting Standards Board 19%
• Generally Accepted Accounting Principles 18%
• Investors 18%
• Economic Incentives 16%
• Discretion 16%
• Accounting Standards 15%
• Managers 14%
• Sweden 13%
• Cash Flow 12%
• Substitute 12%
• Assets 8%