Deteriorating Profits of Brokerage Firms Post-Ifrs: Empirical Evidence

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Date

2011

Journal Title

Journal ISSN

Volume Title

Publisher

Finsia

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Abstract

Empirical evidence from a study of a large number of brokerage firms in Turkey highlights the extent to which their profitability has declined and the determinants of profits have changed following the introduction of IFRS-based financial reporting in early 2005. This study examines some of the possible links between these events.

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Keywords

convergence to IFRS, financial reporting, profitability ratio, profitability determinants, brokerage firms

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N/A

Source

Jassa-The Fınsıa Journal of Applıed Fınance

Volume

Issue

1

Start Page

29

End Page

38
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