The Voluntary Adoption of Internationally Recognized Accounting Standards and Firm Internal Performance Evaluation
从受托责任视角研究公司自愿采用国际会计准则对内部绩效评价的影响，发现采用后CEO更替和员工裁员对会计盈余的敏感性提高。
ABSTRACT: A large body of research is devoted to understanding the causes and consequences of firms' adoption of internationally recognized accounting standards. Thus far, researchers' attention has focused almost exclusively on the informational benefits of the adoption. We extend the existing literature by offering a different, stewardship perspective. We hypothesize that the voluntary adoption of international accounting standards is associated with changes in the firm's internal performance evaluation process; in particular, it is associated with increases in the sensitivities of CEO turnover and employee layoffs to accounting earnings. Our results are consistent with these predictions.