We examine time-series variations in accounting conservatism in the Japanese market. Previous studies have found that … the Japanese market has low accounting conservatism. Over the last 30 years, however, the Japanese market has experienced … significant institutional changes. Thus, we examine whether accounting conservatism in the Japanese market varied over the period …

experiment designed to mimic the type of firm-level panel that might be encountered in finance and accounting applications. Our …

experiment designed to mimic the type of firm‐level panel data that might be encountered in accounting and finance applications …

In empirical financial accounting research, ratios or first differences are usually calculated based on the financial … and accounting data provided by the CRSP, Compustat and I/B/E/S datasets. However, in the construction of longer time …, variables have to be stationary. If they are not, spurious results may be yielded. When creating separate sets of accounting …