to manipulate accounting reports. In our setting, ceteris paribus, conservative accounting is desirable because it allows … the manager to manipulate the accounting system to mislead the board and distort its decisions. Effective reporting … oversight curtails managers' ability to manipulate, which increases the benefits of conservative accounting and simultaneously …

responding to the bad news when the project is not performing as planned. Accounting conservatism accelerates the recognition of … and start searching for solutions. Therefore, firms where both characteristics — CEO overconfidence and accounting … accounting and are run by overconfident CEOs exhibit better cash flow performance. Our results continue to hold in a variety of …

to manipulate accounting reports. In our setting, ceteris paribus, conservative accounting is desirable because it allows … the manager to manipulate the accounting system to mislead the board and distort its decisions. Effective reporting … oversight curtails managers' ability to manipulate, which increases the benefits of conservative accounting and simultaneously …