proves analytically that the presence of accounting conservatism decreases the asset price and the volatility of the asset … parameter values, the presence of accounting conservatism may increase or decrease the likelihood of the asset price lying on … on accounting earnings numbers. Due to the conservative accounting practices, earnings fixated traders underestimate the …

A wave of accounting failures at the beginning of the century motivated the national stock exchanges to require firms … independence (outside directors) on the probability of an accounting misstatement. Existing empirical studies find a negative …

Purpose: The purpose of this paper is to examine how accounting conservatism affects the relation between current stock … accounting conservatism into conditional and unconditional conservatism and investigate whether the relation between current … conservatism. Research limitations/implications: Even though we use prior research to capture the proxy for accounting conservatism …

reveals that firms with a greater degree of conservatism witness a significant reduction in crash risk after accounting for … motivation for firms to obscure and delay sharing the information. Further analysis demonstrates that accounting conservatism …This study assesses the relationship between the likelihood of future stock price crashes and conservatism …