Results 231 to 240 of about 616 (255)

Unconditional Conservatism and Subsequent Real Earnings Management

SSRN Electronic Journal, 2019
By focusing on the more pervasive unconditional conservatism, we provide fresh insights on how conservatism can be detrimental to financial reporting quality. We examine whether unconditionally conservative (UC) firms engage in more real earnings management (REM) in order to meet or beat earnings benchmarks (MBE).
Debarati Basu, Kaustav Sen
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Accounting conservatism and the profitability of corporate insiders [PDF]

Journal of Business Finance and Accounting, 2020
We predict that accounting conservatism influences insiders opportunities to speculate on good and bad news, and thus, insider trading profitability. We find that greater conditional (unconditional) conservatism is associated with lower (higher) insiders
Akram Khalilov, BEATRIZ Garcia Osma
exaly   +2 more sources

The Effects of IFRS Adoption on the Unconditional Conservatism of Spanish Listed Companies

SSRN Electronic Journal, 2017
This paper analyses the effects on unconditional conservatism of the mandatory adoption of International Financial Reporting Standards (IFRS) by Spanish listed companies in January 2005. The lack of robustness in the previous evidence justifies analysing this issue from different perspectives.
Olga Fullana, Mariano Gonzalez-Sanchez
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Unconditional Accounting Conservatism & Efficient Contracting

2018
We examine how accounting conservatism affects contracting efficiency. More specifically, we examine the link between unconditional conservatism and accounting sensitivity in executive compensation contracts where we predict a negative relationship.
Björklund, Joel, Ullah, Antor
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Linear Information Models: The Effect of Unconditional Conservatism

2009
A large literature develops and tests valuation models that assume a link between equity values and the time series behavior of accounting numbers. With respect to predicting equity values, linear information models (LIMs), such as the Ohlson (1995) model, have been outshone by models implemented in perfect foresight settings or ex-ante approaches ...
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The Impact of Unconditional and Conditional Conservatism on Cost of Equity Capital: A Quantile Regression Approach for MENA Countries

SSRN Electronic Journal, 2014
Prior empirical studies have investigated the economic consequences of accounting conservatism by examining its impact on the cost of equity capital (COEC). However, findings are not conclusive. We assume that inconsistent results of such association may be attributed to the regression models used in data analysis.
Maha Zouaoui Khalifa, Ben Othman Hakim, Khaled Hussainey   +2 more
openaire   +1 more source

The benefits of unconditional conservatism for stock valuations during the COVID-19 crisis

Journal of Accounting Literature
Purpose We examine whether unconditional conservatism supported stock valuations during the COVID-19 crisis. Building on evidence that this form of conservatism improves downside-risk assessment and mitigates bankruptcy and litigation concerns, we hypothesize that its benefits were amplified during this period ...
D'Augusta, Carlo, Viarengo, Luca
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CSR strategy and good corporate governance: understanding the role of unconditional conservatism

Competitiveness Review: An International Business Journal
Purpose This pioneering investigation explores how unconditional accounting conservatism (CONACC) temporally moderates the link between robust corporate governance (CGOV) and strategic corporate social responsibility (CSR) implementation.
Wafa Kchaou, Rihab Ghribi, Anis Jarboui
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Unconditional Conservatism and Capital Cost: Explaining the Role of Corporate Social Responsibility

Objectives: This study aims to investigate the effect of unconditional conservatism on capital cost, considering the role of corporate social responsibility. The research seeks to understand how these factors interact and influence the overall cost of capital for firms.
Mansourian, Reza, Taghinasab, Habib
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Does Unconditional Accounting Conservatism Imply Upside or Downside Risk? Evidence from the Options Market

Accounting Horizons
SYNOPSIS Conservatism captures an asymmetric reporting practice in response to uncertainty in business operations (earnings). Such uncertainty in business operations implies that investors are exposed to tail risk such that there is a probability of large earnings growth, offset by the probability of a large earnings decline.
Devendra Kale, Sriram V. Villupuram
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