to aggressive accounting choices. The alternative hypothesis is the economic insurance hypothesis which predicts that … firms will over-invest in directors' and officers' liability insurance coverage independent of their aptitude for accounting … manipulation because of the managers' risk aversion. Aggressive accounting is measured using regulatory accounting enforcement …

, ethical aspects of management accounting as well as quality assurance of the controllers' work. …

planning strategy. We also find that financial accounting incentives play a role. For example, 84% of publicly traded firms …

Watts (2003) and Ball and Shivakumar (2005) argue that accounting conservatism decreases managerial incentives to make … negative net present value investments. I develop and test a new hypothesis that accounting conservatism is associated with … managers making less risky investments. I find that under more conservative accounting managers make less risky acquisitions …

We study whether accounting information quality (AIQ) is priced in the executive labor market. Focusing on externally … evidence suggests job security concern and accounting failure risk might be the channels to explain the pricing premium for …

eliciting the opinion of accounting practitioners in Ado-Ekiti metropolis. Descriptive and inferential statistics were used in …

This paper examines the link between managerial overconfidence, conservative accounting and investment. Using Japanese … investment to sales growth volatility. In addition, we examine whether conservative accounting mitigates agency costs and … find that conservative accounting increases investment--cash flow sensitivity. However, our results confirm that …