Using a sample of 7936 firm-year observations and 922 International Financial Reporting Standards (IFRS) adopter firms from 19 countries that mandated IFRS adoption in 2005 and 922 benchmark firms from 8 countries that did not mandate IFRS adoption in the sample period, we examine the role of trust in the effect of IFRS adoption on earnings management. Consistent with our predictions, we find (1) the earnings management-increasing effect of IFRS adoption is more pronounced in low trust countries/societies after control for country-level institutions, and (2) IFRS adoption decreases total earnings management in high trust countries/societies.

我们使用来自 2005 年强制采用 IFRS 的 19 个国家的 7936 家公司年度观察和 922 家国际财务报告准则 (IFRS) 采用公司的样本，以及来自样本期间未强制采用 IFRS 的 8 个国家的 922 家基准公司，我们检查了信任在采用 IFRS 对盈余管理的影响中的作用。与我们的预测一致，我们发现 (1) 采用 IFRS 的盈余管理增加效应在低信任度国家/社会在控制国家级机构后更为明显，以及 (2) 采用 IFRS 降低了高信任度国家的总盈余管理/社团。