What is it about?
This research examines the relationship between the adoption of the international accounting standard by small and medium-sized entities in Brazil and the cost of credit granted by financial institutions. The literature about this subject discusses accounting regulation as a response to the existence of environments having information asymmetry and the Disclosure Theory studies the phenomenon of accounting disclosure, from the viewpoint of its causes and effects.
Featured Image
Photo by Kelly Sikkema on Unsplash
Why is it important?
The International Accounting Standards Board (IASB) suggests that an accounting standard with higher information quality tends to reduce the funding cost for small enterprises and, thus, this paper has as its main aim investigating whether the adoption of the international accounting standard has caused some effect on the cost of banking credit.
Perspectives
This study contributes to the examination of the relationship between accounting information quality and the cost of banking credit among small and medium-sized entities.
Enrico Dalla Riva
Fundacao Getulio Vargas
Read the Original
This page is a summary of: Adoção do Padrão Contábil Internacional nas Pequenas e Médias Empresas e seus Efeitos na Concessão de Crédito, Revista Contabilidade & Finanças, December 2015, FapUNIFESP (SciELO),
DOI: 10.1590/1808-057x201512270.
You can read the full text:
Contributors
The following have contributed to this page
