Resumen de Does Mandatory IFRS Adoption Affect the Credit Ratings of Foreign Firms Cross-Listed in the U.S.?

Ann Ling-Ching Chan, Audrey Wen-hsin Hsu, Edward Lee

• The article presents a study on how the mandatory adoption of International Financial Reporting Standards (IFRS) affects credit ratings for foreign business enterprises which are cross-listed in the U.S. as of 2011. Topics include the effect of accounting quality on credit ratings of firms; accounting disclosure and transparency in foreign firms with operations in the U.S.; and equity and debt financing as a source of capital for foreign firms in the U.S. market.