how a firm’s visibility shapes the relationship between its corporate lobbying activities and accounting conservatism … relationship between a firm’s lobbying intensity and the degree of accounting conservatism in its financial reporting. We further …, and accounting conservatism in particular. More importantly, our findings suggest that the heightened public attention …

We investigate how local political corruption shapes corporate financial reporting conservatism. Using a large sample … greater accounting conservatism. This finding is robust to several endogeneity checks, including the propensity score matching …. Further analysis reveals that the positive effect of corruption on conservatism is stronger for firms with less bargaining …