empirical literature on the consequences of product market competition in the accounting, finance, and corporate governance …

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

to manipulate accounting reports. In our setting, ceteris paribus, conservative accounting is desirable because it allows … the manager to manipulate the accounting system to mislead the board and distort its decisions. Effective reporting … oversight curtails managers' ability to manipulate, which increases the benefits of conservative accounting and simultaneously …

Corporate life cycle has received considerable interest in the accounting, finance and corporate governance literature … groups: (i) financial reporting and management accounting implications, (ii) financial policy implications, and (iii …