Pension accounting is anything but conservative since earnings can be protected from actuarial gains and losses. This … paper shows that therefore conservatism measures based on models of the asymmetric relationship between earnings and … extending conservatism models. This finding offers a partial explanation of why large firms are less conservative since firm …

the relationship between financial constraints and accounting conservatism.Findings – The results show financially … constrained firms adopt less conditional conservatism practices on their accounting figures. In other words, those firms avoid to …Objective – This study investigates the effects of financial constraints on the conservatism practices of Brazilian …

reduces its costs. Our model predicts that stronger reporting oversight leads to greater accounting conservatism, manipulation … the manager to manipulate the accounting system to mislead the board and distort its decisions. Effective reporting …We develop a model to analyze how board governance affects firms' financial reporting choices, and managers' incentives …

reduces its costs. Our model predicts that stronger reporting oversight leads to greater accounting conservatism, manipulation … the manager to manipulate the accounting system to mislead the board and distort its decisions. Effective reporting …We develop a model to analyze how board governance affects firms' financial reporting choices, and managers' incentives …

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 … analytically derive four basic properties of accounting conservatism, based on Basu's (1997) asymmetric timeliness of earnings …

Firms face a greater risk of lawsuits for overstated rather than understated earnings or net assets, suggesting … conservatism can reduce firms’ expected legal costs. Because managers with legal expertise are more likely than other managers to … recognize the legal benefits of conservatism, this study examines whether legal expertise among members of senior management …

This study examines the relation between accounting conservatism and firms' capital structure adjustments. We find that …. Taken together, our findings suggest that accounting conservatism plays an important role in facilitating under … firms with more conservative financial reporting adjust their capital structure toward the target more quickly, especially …

Managerial career concerns could affect firm efficiency through financial reporting quality, but this important link … that has the following elements. A risk-neutral manager provides effort to increase the market value of the firm and to …-der which higher-quality reporting induces the manager to invest more effort. Under these condi-tions, the model is extended to …

This paper examines the association between conservatism and the value relevance of accounting information over the … 1975 through 2004 period. We measure conservatism using approaches developed in Penman and Zhang, The Accounting Review 77 …:237–264, (2002) and Beaver and Ryan, Journal of Accounting Research 38:127–148, (2000) and value relevance using (1) adjusted R2 from …

structures act as substitutes for agency conflict reducing measures like accounting conservatism. Dual holding structures …