Discussion Question IFRS & Predicted CF (Acc304 Accounting Theory)

With reference to the reading list: Atqa, Lee & Mohd-Saleh (2019). Has IFRSs improves predictions of future cash flows? Evidence from Malaysia. International Journal of Business and Society, 20(2), 851-869.

You are required to:

(a) Evaluate arguments made by the authors by suggesting at least two (2) relevant theories EXCEPT the institutional theory used by the above authors.

(b) Interpret and justify (with citations) the findings of Table 4 (p.863).

Submission format:

(a) 1^st theory (at least 5 relevant points) & 2^nd theory (at least 5 relevant points)

(b) Interpret & justify with citations for those SIGNIFICANT variables only.