UEEDA Masayuki    Department   Aoyama Gakuin University  Department of Business Administration, School of Business    Position   Professor
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.