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 …

We investigate the impact of founding family ownership on accounting conservatism. Family ownership is characterized by … other stakeholders. Since CEOs can have different incentives toward conservatism, we focus on ownership of non-CEO founding … family members in our investigation. We find that conservatism increases with non-CEO family ownership, supporting our …

This paper empirically tests the relation between a firm's degree of accounting conservatism and its level of operating … accounting conservatism which is recently proposed by Wang, O hOgartaigh and van Zijl (2010), who argue that a firm optimally … selects a degree of accounting conservatism in order to signal its own operating risk to the capital market. Consistent with …

We examine the relation between accounting conservatism and creditor recovery rates for firms in default. We also test … bankruptcy. These results suggest accounting conservatism preserves creditor value conditional on default … the link between conservatism and the length of distress resolution proceedings. We find creditors of firms with more …

This study investigates the role of public debt financing in shaping accounting conservatism in privately held … companies. We focus on the change in conservatism of private firms following initial issuance of public debt and examine the … effects of agency conflicts between bondholders and shareholders on the change in conservatism. Regression analyses on a large …

consequences of mandatory IFRS adoption in Europe in terms of accounting conservatism. Indeed, a mandatory adoption setting may … control for firm-level reporting incentives when gauging the effects of a change in accounting standards. However, companies … still have some flexibility in their choice of auditor, and the later has a significant say on the accounting policy. We use …

It has long been established that because of accounting conservatism, the contemporaneous correlation between returns … the contemporaneous correlation between earnings and returns is lower. Hence, since accounting conservatism implies that … impact of accounting conservatism when awarding earnings-based compensation. In addition, the present work offers additional …

hypothesis that first-digit deviations are positively related to earnings management and conditional conservatism. A possible … explanation is that earnings management and some mechanisms through which conditional conservatism occurs introduce biases to … financial statements to the extent which makes accounting figures deviate from the law of digit distributions. The results have …

We examine the relation between corporate social responsibility (CSR) performance and conditional accounting … conservatism. Drawing upon the stakeholder-engaging and information-enhancing perspectives of CSR activities, we hypothesize that … the demand for conditional conservatism, which primarily arises from various contracting parties' concern about managerial …