...Mohammed Lawal Danrimi; Mazni Abdullah; Ervina Alfan Purpose The purpose of this paper is to examine the effect of International Financial Reporting Standards (IFRS) and the moderating role of national economic culture on investors’ herding practices in the European Union (EU) equity markets...

... ; Goodwin et al., 2008 ; Hung and Subramanyam, 2007). The data for same firm-year research design draw from a sample companies for a particular year based on the local GAAP accounting measures (pre-IFRS measures), with the IFRS accounting measures (post-IFRS measures), and compared directly...