asymmetry and conditional conservatism. Prior literature documents a positive association between information asymmetry and … conservatism. Prior literature also demonstrates that shareholder litigation concerns motivate managers and auditors to be … that higher levels of litigiousness enhance the association between information asymmetry and conservatism. This topic is …

demand for accounting conservatism when suppliers or customers have bargaining advantages over it that enable them to dictate … customers are associated with its accounting practices and also support the contracting explanation for accounting conservatism …

We study the information consequences of conservatism in accounting. Prior research shows that information asymmetries … in capital markets lead to firm-level increases in conservatism. In this paper, we further argue that increases in … conservatism improve the firm information environment and lead to subsequent decreases in information asymmetries between firm …

In this paper, I present evidence that the asymmetry in cash flows biases standard measures of conditional conservatism … distinguish whether the lower persistence of earnings is due to accounting conservatism or a result of real activities. Third, I …

We study the links between conditional conservatism and voluntary disclosure of management private information. We … argue that conditional conservatism acts as a mechanism that lends credibility to voluntary disclosure by providing a hard … indicates greater credibility of hard voluntary disclosure. We find no evidence of this confirmatory role of conservatism for …

In this paper, we investigate whether the use of accounting conservatism in India decreases IPO underpricing, which is … implication of accounting conservatism for IPOs. Based on a regression analysis of 527 firms that went public through IPOs of "A … conservatism and under-pricing is robust to alternative measures of accounting conservatism, mean regressions, sample exclusions …

In this paper, we offer a new theory for the economic demand of accounting conservatism, which emphasizes the signaling … role of conservatism in a debt market with asymmetric information. In our model, accounting conservatism serves as a signal … signing the debt contract. In developing this signaling theory of conservatism, our paper achieves two major outcomes: (1) we …