Abstract
This paper analyses how the strictness in financial reporting enforcement varies across 17 European countries and the extent to which enforcement proxies in the existing accounting literature reflects the actual performed financial reporting enforcement. Based on survey responses from European enforcement bodies and regulatory specialists, the study observes extensive variations in the strictness of financial reporting enforcement across the European countries, despite ESMA’s efforts to achieve more homogeneous enforcement in Europe. Furthermore, existing enforcement indices used in the accounting literature do not generally correlate with the enforcement index developed in this study, which begs the question of what the existing enforcement indices of financial reporting are measuring.
| Original language | English |
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| Publication date | 2018 |
| Number of pages | 58 |
| Publication status | Published - 2018 |
| Event | The Sixth International Conference of the Journal of International Accounting Research. JIAR 2018 - Ca’ Foscari University of Venice, Venice, Italy Duration: 8 Jun 2018 → 30 Jun 2018 Conference number: 6 http://aaahq.org/Meetings/2018/JIAR |
Conference
| Conference | The Sixth International Conference of the Journal of International Accounting Research. JIAR 2018 |
|---|---|
| Number | 6 |
| Location | Ca’ Foscari University of Venice |
| Country/Territory | Italy |
| City | Venice |
| Period | 08/06/2018 → 30/06/2018 |
| Internet address |
Keywords
- Financial reporting
- Financial reporting enforcement
- Enforcement
- Regulation