{"id":{"repo_id":"mit","oai_identifier":"oai:dspace.mit.edu:1721.1/126975"},"canonical_url":"https://search.dev.ndltd.org/etd/mit/oai:dspace.mit.edu:1721.1/126975","repository":{"repo_id":"mit","name":"MIT","base_url":"https://dspace.mit.edu/oai/request"},"display":{"title":"Do you have to adopt to adopt? : evidence on IFRS spillovers in conglomerates","abstract":"I study the impact of a parent firm's IFRS adoption on the accounting properties of their private non-IFRS-adopting European subsidiaries. In contrast to public European firms, private European firms are typically not required to adopt IFRS. I examine the private subsidiaries that do not adopt IFRS even though their parents do, and find spillover effects on the accounting properties of non-adopting subsidiaries as a result of parental adoption. I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent..","abstract_html":"I study the impact of a parent firm's IFRS adoption on the accounting properties of their private non-IFRS-adopting European subsidiaries. In contrast to public European firms, private European firms are typically not required to adopt IFRS. I examine the private subsidiaries that do not adopt IFRS even though their parents do, and find spillover effects on the accounting properties of non-adopting subsidiaries as a result of parental adoption. I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent..","abstract_has_math":false,"creators":["Berfeld, Natalie."],"institution":"Massachusetts Institute of Technology","degree_name":"Master","degree_level":null,"degree_discipline":null,"degree_department":"Sloan School of Management","school":null,"contributors":[],"advisors":["Nemit Shroff and Rodrigo S. Verdi."],"committee_chairs":[],"committee_members":[],"year":2020,"date_issued":"2020","date_published":"2020","updated_at":"2026-07-22T22:21:35Z","subjects":["Sloan School of Management."],"languages":["eng"],"rights":["MIT theses may be protected by copyright. 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In contrast to public European firms, private European firms are typically not required to adopt IFRS. I examine the private subsidiaries that do not adopt IFRS even though their parents do, and find spillover effects on the accounting properties of non-adopting subsidiaries as a result of parental adoption. I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent.."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["S.M. in Management Research"]},{"key":"dc:title","label":"Title","values":["Do you have to adopt to adopt? : evidence on IFRS spillovers in conglomerates"]}]}],"canonical_facts":{"dc:contributor.advisor":["Nemit Shroff and Rodrigo S. 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I present evidence that private subsidiaries report lower earnings management after their parents are mandated to adopt, which I interpret as the subsidiary's earnings becoming more IFRS-like. There effects are stronger for subsidiaries whose parents have a larger ownership stake, and for subsidiaries that are located in a different country than their parent.."],"dc:description.degree":["S.M. in Management Research"],"dc:identifier.uri":["https://hdl.handle.net/1721.1/126975"],"dc:language.iso":["eng"],"dc:publisher":["Massachusetts Institute of Technology"],"dc:rights":["MIT theses may be protected by copyright. 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