Companies’ Incentives to Early Adopt Statement of Financial Accounting Standards No. 142
Lei Han and Vincent Agnello
The BRC Academy Journal of Business
Volume 3
Number 1
Print ISSN: 2152-8721 Online ISSN: 2152-873X
Date: March 15, 2013
First Page 83
Last Page 95
Abstract
This paper examines the relation between firm characteristics and the decision to early adopt Statement of Financial Accounting Standards No. 142. Based on the sample of firms qualified to early adopt the statement before the mandatory date, we found that the firms with earnings of little relevance to the firm’s value and the firms listed on NASDAQ are more likely to early adopt FAS 142.