Results 251 to 260 of about 33,731 (296)

On the conditional conservatism measure: A robust estimation approach

Journal of Business Finance & Accounting, 2015
AbstractRecent research, due to Patatoukas and Thomas (2011) and Ball, Kothari, and Nikolaev (2013), focuses on Basu's (1997) conditional conservatism measure and the existence of a denominator effect – whether the difference between the earnings‐return coefficients of bad and good news firms (‘the Basu coefficient’) is only due to the beginning‐of ...
Seil Kim, James A. Ohlson
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Financial Constraint and Conditional Conservatism

Asia Europe Perspective Association, 2021
This study examines the relationship between financial constraints and conditional conservatism. Previous studies pointed out that the greater the financial constraints, the greater the involvement of managers in financial reporting, and tax avoidance to create cash flows within the firm is performed, which can intensify information asymmetry.
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Conditional Conservatism and Accrual Persistence

SSRN Electronic Journal, 2011
Under the conservative accounting principle, unreliable accruals are expected to reflect losses in a timely manner (Guay and Verrecchia 2006) and losses are less persistent (Basu 1997; Ball and Shivakumar 2006). Accordingly, the practice of accounting conservatism may cause lower persistence of unreliable accruals. This paper aims to provide an insight
Yutao Li, Wenjun Zhang
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Sustainable performance, conditional conservatism and audit fees

Journal of Financial Reporting and Accounting, 2023
Purpose This paper aims to examine the effect of conditional conservatism on audit fees and whether the firm’s engagement in sustainable practices moderates the relationship between conditional conservatism and audit fees. Design/methodology/approach Using a sample of 3,767 firm-year observations from 14 European Union countries over the period of ...
Ines Kammoun, Walid Khoufi
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Investor Sentiment and Conditional Accounting Conservatism

SSRN Electronic Journal, 2017
This paper investigates the impact of investor sentiment on conditional accounting conservatism. We find that companies recognize economic losses more (less) timely in earnings during periods of high (low) investor sentiment. Further, the sentiment-conservatism relationship is stronger for firms with greater sentiment-price sensitivity, which confirms ...
Rui Ge, Nicholas Seybert, Feida Zhang
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International Differences in Conditional Conservatism – The Role of Unconditional Conservatism and Income Smoothing

European Accounting Review, 2006
Prior research documents that conditional conservatism, measured as the asymmetric timeliness of earnings reflecting bad versus good news, varies with cross-country differences in institutional regimes. In this paper, we examine the determinants of conditional conservatism and related earnings attributes internationally.
Joachim Gassen, Rolf Uwe Fuelbier, Thorsten Sellhorn   +2 more
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Debiasing the Measurement of Conditional Conservatism

Journal of Accounting Research, 2019
ABSTRACTBasu's [“The Conservatism Principle and the Asymmetric Timeliness of Earnings.” Journal of Accounting and Economics 24 (1997): 3–37] measurement of conditional conservatism as the asymmetric timeliness of earnings underlies hundreds of studies.
Marc Badia, Miguel Duro, Fernando Penalva, Stephen G. Ryan   +3 more
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Conditional earnings conservatism and corporate refocusing activities

Journal of Accounting Research, 2011
We extend standard models of conditional earnings conservatism and adaptation value to the context of the corporate refocusing activities of UK listed companies. This analysis is interesting because refocusing activities are: (1) commonly anticipated by significant negative returns in the financial year(s) before the refocusing event; (2) typically ...
Mak, Chun Yu, Strong, Norman, Walker, Martin   +2 more
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Asset specificity and conditional accounting conservatism

Journal of Business Finance & Accounting, 2018
AbstractAsset specificity, the redeployability of an asset to alternative uses, is a key determinant of an asset's resale value. Asset specificity has a direct impact on a firm's ongoing fair value determination, bankruptcy risk, liquidation value, and abandonment option.
Qingyuan Li, Li Xu
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Unexpected Accruals and Conditional Accounting Conservatism

Journal of Business Finance & Accounting, 2007
Abstract:  This paper examines the impact of management discretion over accruals on conditional accounting conservatism, defined as the tendency of accountants to recognize bad news on a timelier basis than good news. Prior research suggests that conditional accounting conservatism reflected in earnings is mainly due to the accrual component of ...
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