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 … size and having defined benefit plans are positively correlated. Furthermore, extending conservatism models with dummy …

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 … signing the debt contract. In developing this signaling theory of conservatism, our paper achieves two major outcomes: (1) we …

Objective – This study investigates the effects of financial constraints on the conservatism practices of Brazilian … 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 …

the board of directors to better oversee the firm's investment decisions. This feature of conservatism, however, causes … reduces its costs. Our model predicts that stronger reporting oversight leads to greater accounting conservatism, manipulation …

the board of directors to better oversee the firm's investment decisions. This feature of conservatism, however, causes … reduces its costs. Our model predicts that stronger reporting oversight leads to greater accounting conservatism, manipulation …

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 … promotes greater conservatism. Consistent with this prediction, we find that firms with a general counsel (GC) in senior …

variation in conditional conservatism. The contracting theory of conservatism holds that conditional conservatism is an … the contracting theory links debt structure and conservatism. Also, our evidence suggests that the effect of debt on … conservatism can be under or over-stated when firms, or sub-samples of firms, have heterogeneous debt characteristics …