Nowadays, information which could be found rapidly has a reliability and stability problem. Although a set of institutions guarantee the reliability and stability of information, investors still have problems about them. International Accounting Standards Board was founded in 2001 and its aim is developing quality, easily understandable, generally accepted and globally accounting information for investors. Correspondingly, the Turkey Accounting Standards / Turkey Financial Reporting Standards have been applied on Turkish firms which are trading in Borsa Istanbul Stock Exchange since 2005. The aim of study is that testing the impact of IFRS on publicly traded corporations’ market value by comparing Turkish GAAP. Dataset includes 2000-2004 and 2005-2009 periods annually data of 225 publicly traded corporations’ financial reports and panel data method was used for analysis. In conclusion, according to the investors, the financial reports which prepared with IFRS are more reliable than the financial reports which prepared with Turkish GAAP.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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