UEEDA Masayuki
Department Aoyama Gakuin University Department of Business Administration, School of Business Position Professor |
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Language | English |
Publication Date | 2013/12 |
Type | Academic Journal |
Peer Review | Peer reviewed |
Title | Economic Consequences of Global Accounting Convergence: An Experimental Study of a Coordination Game |
Contribution Type | Collaboration |
Volume, Issue, Page | pp.103-120 |
Author and coauthor | Satoshi TAGUCHI, Kazunori MIWA, and Satoshi MIZUTANI |
Details | This paper examines whether the movement toward convergence of the International Financial Reporting Standards (IFRS) has ended. The methodology for this research is based on comparative institutional analysis and experimental game theory. In addition,we adopt a 3×3 coordination game because an essential factor of global accounting convergence is the coordination of accounting standards. The results confirm the termination of a movement toward the convergence of IFRS. Namely, our experiments indicate that global accounting convergence toward IFRS may not be successful. This is because some “egoist” countries maintain their initial systems and do not enter long term cooperation. |