The effect of IFRS adoption on the value relevance of accounting information: the case of Colombian banks

  1. DIANA MILENA PACHECO-ORTIZ 1
  2. JUAN FERNANDO RENDÓN-GARCÍA 1
  3. HERNÁN DARÍO VILLADA-MEDINA 1
  1. 1 Instituto Tecnológico Metropolitano, Medellín, Colombia
Revista:
Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA

ISSN: 1575-605X

Año de publicación: 2021

Volumen: 22

Número: 2

Páginas: 77-90

Tipo: Artículo

DOI: 10.24309/RECTA.2021.22.2.03 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Otras publicaciones en: Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA

Resumen

Este artículo compara la evolución de la relevancia de la información contable de los ocho bancos que cotizan en la Bolsa de Valores de Colombia (BVC) antes y después de la adopción de las Normas Internacionales de Información Financiera (IFRS, por su sigla en inglés). La relevancia de la información contable se puede medir a través de las relaciones estadísticas entre la información presentada en los estados financieros y valores o rendimientos del mercado de valores. En este estudio se utilizan las series mensuales del valor en libros del patrimonio por acción (representa el estado de la situación financiera), las utilidades por acción (representa el estado de resultados integral) y el precio de la acción en bolsa entre enero de 2001 y diciembre de 2018. Mediante el uso de modelos de panel de datos basados en el modelo de (Ohlson, 1995), se muestra que la información contable ha sido relevante antes y después de la adopción de las IFRS, pero que la adopción de las IFRS no ha aumentado dicha relevancia.

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