Comparative Value Relevance among Domestic Accounting Standards and IFRS: A Moroccan Stock Market Perspective

Omar Taouab

doi:10.5171/2016.575611

Abstract

Comparative Value Relevance among Domestic Accounting Standards and IFRS: A Moroccan Stock Market Perspective

Highlights

IntroductionWhile several studies have examined the effects of IFRS adoption worldwide, the empirical evidence from Morocco is sparse (Ahsina and al, 2014)
Based on a sample of 9 companies listed on the Casablanca stock exchange, and using the methodology of studies of association, our goal is to check if the international accounting standards are superior in terms of informational content to the Moroccan accounting standards that meet the information needs of investor’s fellows
The results show that companies that have adopted IFRS- show no differences in outcome compared to management companies which report under German accounting standards

Summary

Introduction

While several studies have examined the effects of IFRS adoption worldwide, the empirical evidence from Morocco is sparse (Ahsina and al, 2014). Most of these studies have been carried out in developed markets much less in emerging ones, such as the one in Casablanca characterized by a small number of companies listed on a low volume of exchanges, or the usefulness of this article. Based on a sample of 9 companies listed on the Casablanca stock exchange, and using the methodology of studies of association, our goal is to check if the international accounting standards are superior in terms of informational content to the Moroccan accounting standards that meet the information needs of investor’s fellows

Objectives

Results

Conclusion