Purpose – The purpose of this research is to investigate the joint influence of early product adoption and bank customer accounting in Hong Kong. Design/methodology/approach – In‐depth interviews at three Hong Kong banks provided the basis for designing a survey instrument, which was used...

For a large sample of U.S. listed firms, we find that unconditional and conditional accounting conservatism help lower bankruptcy risk. We further find that the mitigating effect of accounting conservatism on bankruptcy risk functions via cash enhancement and earnings management mitigation...

In summary, when we avoid the temptation to assume the ceteris paribus opener, and allow for systematic differences in the characteristics of LIFO and FIFO firms, we can view this paper in a different light. Rather that presenting anomalous or puzzling findings, it instead provides evidence of...