Gemeinsam mit Kirstin Becker (Copenhagen Business School), Holger Daske (Universität Mannheim) und Stephen Zeff (Rice University) hat Christoph Pelger einen Beitrag zur Nicht-Einführung von IFRS bei US-Unternehmen im Journal of International Financial Management & Accounting (JIFMA) veröffentlicht. Die Zeitschrift gehört mit einem B-Status laut VHB Teilrating Rechnungswesen 2024 zu den angesehenen internationalen Fachzeitschriften. Der Beitrag mit dem Titel „Political Ideology Shapes Reporting Regulation: SEC Commissioners' Views on IFRS for US Issuers“ beleuchtet die Positionen von demokratischen und republikanischen Commissioners der SEC während der Diskussion über die Einführung von IFRS für US-Unternehmen zwischen 2007-2012. Der Inhalt des Beitrags ist auch hinsichtlich aktueller Diskussionen über die Regulierung klimabezogener Berichterstattung durch die SEC relevant. Das Paper ist hier frei zugänglich und der Abstract lautet wie folgt: http://doi.org/10.1111/jifm.12230

The Securities and Exchange Commission (SEC) initiated rulemaking steps toward adopting International Financial Reporting Standards (IFRS) for US issuers in 2007, but it never issued a final decision. In this paper, we use public material and interviews to examine the links between commissioners' political ideology and their views on IFRS. We find that differences in political ideologies pervaded the debate on IFRS. In line with their belief in the advantages of “free markets,” Republican commissioners supported a move to IFRS, particularly in the form of giving US firms a choice between US GAAP and IFRS. Democratic commissioners were more reluctant to partly or fully replace the well-established system of US GAAP with IFRS, a step that was considered tantamount to deregulation and accompanied by concerns about the International Accounting Standards Board's governance. Our findings highlight the influence of political ideology on the regulatory process related to reporting issues. Thus, bipartisan rulemaking becomes unlikely in times of pronounced political confrontations, as recently evidenced by the SEC's rule on climate-related disclosures.