This paper investigates the impact of investor sentiment on conditional accounting conservatism. We find that companies … fluctuation in accounting conservatism observed in the paper. We also show that high investor sentiment increases the probability …

the usefulness of financial reporting by adding to estimation uncertainty in the accounting for pension costs. However … accounting estimates of rates of return on pension assets over ten consecutive years (2001-2010). We find that the point … accounting that arises from relying on unauditable estimation processes. These findings do not support recent changes to the …

This paper studies the impact of public audit oversight on financial reporting credibility. We analyze changes in … filings after the new regime. Our results show that public audit oversight can enhance reporting credibility and that this …