000165257 001__ 165257 000165257 005__ 20251219174252.0 000165257 0247_ $$2doi$$a10.1080/17449480.2010.511896 000165257 0248_ $$2sideral$$a106748 000165257 037__ $$aART-2010-106748 000165257 041__ $$aeng 000165257 100__ $$0(orcid)0000-0003-1298-7183$$aCallao Gastón, Susana$$uUniversidad de Zaragoza 000165257 245__ $$aHave IFRS affected earnings management in the European Union? 000165257 260__ $$c2010 000165257 5060_ $$aAccess copy available to the general public$$fUnrestricted 000165257 5203_ $$aThere has recently been considerable discussion of those features of IFRS that are likely to help improve financial reporting in the European Union. However, certain issues may also have a negative impact on the quality of information. This paper focuses on the effect of IFRS on earnings management. Its main purpose is to examine whether the adoption of IFRS in the European Union has increased or decreased the scope for discretionary accounting practices by comparing discretionary accruals in the periods preceding and immediately after the regulatory change. Another objective is to determine which firms' features and country factors may explain the accounting discretion observed before and after IFRS. We consider a sample of non-financial firms listed on 11 EU stock markets. The results obtained show that earnings management has intensified since the adoption of IFRS in Europe, as discretionary accruals have increased in the period following implementation. The variables explaining accounting discretion are the same before and after IFRS (business size, leverage, investor protection and legal enforcement). These results suggest that variations in earnings management might be due to some room for manipulation under international standards when compared with local standards. 000165257 540__ $$9info:eu-repo/semantics/openAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/ 000165257 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion 000165257 700__ $$0(orcid)0000-0003-0334-192X$$aJarne Jarne, José Ignacio$$uUniversidad de Zaragoza 000165257 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab. 000165257 773__ $$g7, 2 (2010), 159-189$$pAccount. eur.$$tAccounting in Europe$$x1744-9480 000165257 8564_ $$s296482$$uhttps://zaguan.unizar.es/record/165257/files/texto_completo.pdf$$yPostprint 000165257 8564_ $$s506835$$uhttps://zaguan.unizar.es/record/165257/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint 000165257 909CO $$ooai:zaguan.unizar.es:165257$$particulos$$pdriver 000165257 951__ $$a2025-12-19-14:43:55 000165257 980__ $$aARTICLE