Results 271 to 280 of about 70,161 (310)

Essays on Accounting Conservatism

2010
I examine the role of accounting conservatism in the debt market and equity market. In the first essay I examine whether post-borrowing accounting conservatism is related to initial debt-covenant slack. I find firms with low debt-covenant slack display a smaller increase in conservatism after borrowing compared to firms with high debt-covenant slack. I
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Accounting Conservatism: A Literature Review

Australian Accounting Review, 2016
Accounting conservatism is one of the most important properties of financial reporting. The goal of this article is to gain a better understanding of accounting conservatism. We explicate the evolution of conservatism over its long history. Accounting conservatism is indispensable because the main parties of a firm demand conservatism to mitigate ...
Yuxiang Zhong, Wanli Li
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Labor Unions and Accounting Conservatism

SSRN Electronic Journal, 2010
This study examines the relation between labor unions and accounting conservatism. Prior theoretical and empirical research suggests that labor unions reduce agency costs of debt by using their bargaining power to reduce managements’ incentive to substitute high risk investments for low risk investments.
David B. Farber, Hsin-yi Hsieh, Boochun Jung, Han Yi   +3 more
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Accounting Conservatism and Asset Price

SSRN Electronic Journal, 2017
This paper presents a static model of a competitive securities market. In the market there are two assets: risk-free asset and risky asset. The payoff of the risk-free asset is one and the payoff of the risky asset is unknown. Rational traders correctly estimate the mean and variance of the risky asset payoff.
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Labor skill and accounting conservatism

Journal of Accounting and Public Policy, 2022
Jeff Zeyun Chen, Youngki Jang, Boochun Jung, Minyoung Noh   +3 more
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Accounting Conservatism in Family Firms

2018
This chapter examines another relevant earnings quality in family firms, namely accounting conservatism. We argue that family businesses differ from non-family firms with regard to accounting conservatism due to their long-term investment horizon as well as the importance they place on non-economic factors.
Silvia Ferramosca, Alessandro Ghio
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The Effect of Accounting Conservatism and Accounting Neutralism on Valuation Errors： Accounting Conservatism vs. Accounting Neutralism

Korean Accounting Information Association, 2021
Min－Su Kim, Myung－Gun Lee
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Accounting Conservatism and Real Options

Journal of Accounting, Auditing & Finance, 2007
I address the interaction between accounting conservatism and real options in both a staged investment and abandonment model. An accounting policy biased toward classifying a Good (Bad) project as Bad (Good) is conservative (aggressive). The accounting signal is optimally conservative when the ex ante unconditional expected terminal value is less than
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Accounting Conservatism and Creditor Conflicts

SSRN Electronic Journal, 2010
This paper presents a model showing that accounting conservatism affects creditor coordination when the borrowing firm is in financial distress. There are two effects. First, accounting conservatism tends to reduce dividend payments and to keep assets within the firm (dividend restriction effect).
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Uncertainty of uncertainty and accounting conservatism

Finance Research Letters, 2022
Xin Cui, Tingting Ma, Xiaochen Xie, John W. Goodell   +3 more
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