Ettredge, Michael; Huang, Ying; Zhang, Weining - In: Journal of Accounting and Economics 53 (2012) 3, pp. 489-503
We examine whether Basu's (1997) differential timeliness metric and the related C-Score metric are effective in detecting predictable differences in conservatism surrounding corrections of overstated earnings. Cross-sectional and time-series analyses, employing 2132 firms making restatements...