accounting affects shareholder value. We find that there is a positive association between conservatism and firm stock …

Accounting is of vital importance in the economies thanks to its contribution in the decision making process and … letter attempts to perform an approximation of the role of accounting as a means of legitimizing the capitalist financial …

Politicians frequently intervene in the regulation of financial accounting. Evidence from the accounting literature … shows that regulatory capture by special interests helps explain these interventions. However, many accounting rules have … perception of these consequences varies with a politician's ideology. Therefore, if accounting rules produce those consequences …

In this paper, we review the existing evidence on the role of fair value accounting in transforming what started as a …. The paper discusses the academic evidence on the conflict in the interaction of accounting measurements - intended to … accounting in distressed markets with the purpose to stimulate further research in this area …

Politicians frequently intervene in the regulation of financial accounting. Evidence from the accounting literature … shows that regulatory capture by special interests helps explain these interventions. However, many accounting rules have … perception of these consequences varies with a politician's ideology. Therefore, if accounting rules produce those consequences …

Prudential regulation of financial institutions relies on asset values measured based on accounting standards. This … the role of fair value accounting during the 2007-08 financial crisis, and provides new policy implications …

accounting numbers of the firm to avoid such margin call risks. Specifically, we find that firms with controlling shareholders …

This paper examines the effect of accounting conservatism on firm-level investment during the 2007-2008 global … debt raising activity and stock performance. The evidence suggests that accounting conservatism reduces underinvestment in …