Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/25733
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dc.contributor.authorSaleh, A-
dc.contributor.authorAboud, A-
dc.contributor.authorEliwa, Y-
dc.date.accessioned2023-01-05T18:05:40Z-
dc.date.available2023-01-05T18:05:40Z-
dc.date.issued2022-01-19-
dc.identifierORCID iDs: Ahmed Saleh https://orcid.org/0000-0001-7961-1557; Ahmed Aboud https://orcid.org/0000-0001-8972-7203; Yasser Eliwa https://orcid.org/0000-0002-7883-6313.-
dc.identifier.citationSaleh, A., Aboud, A. and Eliwa, Y. (2023) 'IFRS 8 and the cost of capital in Europe', International Journal of Finance and Economics, 28 (3), pp. 3198 - 3231. doi: 10.1002/ijfe.2590.en_US
dc.identifier.issn1076-9307-
dc.identifier.urihttps://bura.brunel.ac.uk/handle/2438/25733-
dc.descriptionData availability statement: The data that support the findings of this study are available from the corresponding author upon reasonable request.en_US
dc.description.abstractCopyright © 2022 The Authors. This study examines segment reporting information usefulness after the adoption of IFRS 8 in 18 European Union countries. Specifically, 1) we introduce a new comprehensive measure of segment reporting quality that reflects four different dimensions of segment information, 2) we investigate the impact of segment reporting quality on the cost of equity and debt capital after the adoption of IFRS 8, and 3) we investigate the moderating role of the country-level enforcement system on the association between segment reporting quality and the cost of equity and debt capital after the adoption of IFRS 8. Using a self-constructed segment reporting quality measure and a sample of 884 firm-year observations over the period of 2007 to 2011, we provide evidence that investors and lending institutions find no change in the usefulness of segment reporting after the adoption of IFRS 8. Our study is original in using a comprehensive measure of segment reporting quality. Furthermore, our study is the first to examine the relationship between segment reporting quality and the cost of debt capital after the adoption of IFRS 8 and the moderating role of the country-level enforcement system. Our findings provide useful insights to regulator and accounting standard-setting bodies about segment reporting.en_US
dc.format.extent3198 - 3231-
dc.format.mediumPrint-Electronic-
dc.languageEnglish-
dc.language.isoenen_US
dc.publisherWileyen_US
dc.rightsCopyright © 2022 The Authors. International Journal of Finance & Economics published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.-
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/-
dc.subjectIFRS 8en_US
dc.subjectsegment reporting qualityen_US
dc.subjectthe cost of debt capitalen_US
dc.subjectthe cost of equity capitalen_US
dc.subjectthe European Unionen_US
dc.subjectthe management approachen_US
dc.titleIFRS 8 and the cost of capital in Europeen_US
dc.typeArticleen_US
dc.identifier.doihttps://doi.org/10.1002/ijfe.2590-
dc.relation.isPartOfInternational Journal of Finance and Economics-
pubs.issue3-
pubs.publication-statusPublished online-
pubs.volume28-
dc.identifier.eissn1099-1158-
dc.rights.holderThe Authors-
Appears in Collections:Brunel Business School Research Papers

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